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Ethereum Foundation Pumps Millions Into zkVM: Will This Boost ETH Price?

  • The Ethereum Foundation is investing tens of millions in zero-knowledge virtual machines (zkVMs).
  • The investment aims to address the need for privacy and scalability in the Ethereum ecosystem.
  • The investment focuses on the zkevm project, Poseidon cryptanalysis, and ethproofs.org.
  • The initiatives could potentially contribute to a price surge for Ethereum.

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