<ul><li>The Ethereum Foundation has invested 'tens of millions' of dollars into advancing zero-knowledge Virtual Machines (zkVMs) technology.</li><li>The investment includes the zkEVM Formal Verification Project aimed at achieving bug-free zkEVMs through grants and bounties.</li><li>Another significant component of the investment is the Poseidon Initiative, focusing on enhancing the security analysis of Poseidon instances.</li><li>The initiative also offers a comprehensive bounty program and supports workshops for cryptanalysis.</li></ul>

Ethereum Foundation Invests ‘Tens Of Millions’ Into This New Technology

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