Big accounting firm EY has updated its Ethereum project, Nightfall, to improve privacy for businesses. The new version, called Nightfall_4, makes transactions faster and simpler. This change comes as companies feel safer after the lifting of US sanctions on certain crypto services.
- Nightfall shifts to a zero-knowledge rollup design.
- It provides instant transaction finality.
- The update aims to assure businesses of privacy.
- EY plans future enhancements with Nightfall_5.
| Details | Information |
|---|---|
| Previous Version | Optimistic Rollup |
| New Version | Zero-Knowledge Rollup |
| Transaction Speed | Near-instant |
| Launch Year | 2019 |
