Ethereum Developers Submitted An Improvement Proposal EIP-5988
The eips.ethereum page shows that Ethereum developers have submitted an improvement proposal, EIP-5988. It is understood that the proposal introduces a new pre-compiled solution, which aims to improve the efficiency of running zero-knowledge proofs on the network.
The Poseidon arithmetic hash function was created with Zero-Knowledge Proof Systems in mind. In order to interface with the EVM in the best possible way, Ethereum must incorporate facilities for L2s because its roadmap is rollup-centric. For the aim of creating effective ZK/Validity rollups on Ethereum, the Poseidon hash function is especially well-suited because it is a collection of permutations over a prime field.
Source
https://t.me/DeFi_Ethereum
