Blockchains are a new settlement and ownership layer, one that’s programmable, open, and global by default, unlocking new forms of entrepreneurship, creativity, and infrastructure. Growth in monthly active crypto addresses is generally tracking the
The economics of the internet are already changing. As the open web collapses into a prompt bar, we have to wonder: Will AI lead to an open internet or a maze of new paywalls? And who will control it — big centralized companies or broad communities
a16z crypto released the most performant zkVM to date: an open source implementation of Jolt. Jolt is up to 30% to 60% percent faster than the current state of the art, and poised to get much faster still with further optimization. But beyond just the improvement in speed, because Jolt is based on a new design paradigm, it is easier for developers to extend, and is also much easier to audit, leading to greater security. Here, a16z crypto Research Partner Justin Thaler explains what Jolt is and why it’s important.