This is the year the world came onchain.
When we launched our first State of Crypto report, the industry was still in its adolescence. The total crypto market was worth about half what it is today. Blockchains were much slower, more expensive, and le
Each year, the State of Crypto report from a16z crypto cuts through the noise and tracks crypto’s evolution across markets, technology, policy, and culture.
Now in its fourth edition, the 2025 State of Crypto report reveals how crypto has gone ma
Lasso is a new lookup argument that presents a fundamentally different approach to SNARK design – one that is not only faster but potentially easier for developers to reason about and build on. In the presentation a16z crypto research engineer Michael Zhu walks through a visual map of Lasso, from motivations to the details of Lasso itself.