同样感谢 @PANewsCN 的认可 🙏.我的专栏 《博闻札记》 以及文章 《DeFi 的智能进化：从自动化到 AgentFi 的演进路径》 入选了 PA News 2025 年 8 月专栏作者影响力排行榜 TOP5 与 专栏文章热度排行榜 TOP10。. 🔗 CN: Also grateful to @PANewsCN for the recognition 🙏.My.

很荣幸我的文章《DeFi 的智能进化：从自动化到 AgentFi 的演进路径》入选 Foresight News 2025 年 8 月优秀内容创作者榜单。.感谢 @Foresight_News 的认可与支持 🙏. Honored to have my article “The Intelligent Evolution of DeFi: From Automation to AgentFi” featured.

The most complete overview of the ZK ecosystem you’ll find in our industry by @zkv_xyz .

@Zcash @zksync @Scroll_ZKP @0xPolygon @StarknetFndn @VitalikButerin @taikoxyz @LineaBuild @RiscZero @SuccinctLabs @lagrangedev @boundless_xyz @BruestleJeremy @FrankLaub_R0 @ssh_nkar @TivoZK @writtenterribly @Xi_195 @blockchaincap @BainCapCrypto @GalaxyDigital @IOSGVC @fenbushi @Delphi_Digital @Alchemy @Maven11Capital @iobc_capital @Rockaway_X @FigmentCapital @DispersionVC @l2iterative @GnosisVC @rollupventures 15/.ZK has evolved: scaling → general compute → decentralized proof markets. Short-term challenges: market cooling, L2s building their own provers, zkML/privacy still early, thin proof marketplace demand. But the trajectory is clear:. zkEVM → zkVM → zkMarketplace. ZK is.

@Zcash @zksync @Scroll_ZKP @0xPolygon @StarknetFndn @VitalikButerin @taikoxyz @LineaBuild @RiscZero @SuccinctLabs @lagrangedev @boundless_xyz @BruestleJeremy @FrankLaub_R0 @ssh_nkar @TivoZK @writtenterribly @Xi_195 @blockchaincap @BainCapCrypto @GalaxyDigital @IOSGVC @fenbushi @Delphi_Digital @Alchemy @Maven11Capital @iobc_capital @Rockaway_X @FigmentCapital @DispersionVC @l2iterative @GnosisVC @rollupventures 14/.🧵 ZKVM Tech Paths: RISC-V vs Wasm vs zkEVM.RISC-V → performance & general-purpose compute.Wasm → cross-language & Web2 migration.zkEVM → max compatibility & ecosystem access. 🔹 RISC-V zkVM (@RiscZero, @SuccinctLabs SP1).Hardware-level open ISA, simple rules.Mature

@Zcash @zksync @Scroll_ZKP @0xPolygon @StarknetFndn @VitalikButerin @taikoxyz @LineaBuild @RiscZero @SuccinctLabs @lagrangedev @boundless_xyz @BruestleJeremy @FrankLaub_R0 @ssh_nkar @TivoZK @writtenterribly @Xi_195 @blockchaincap @BainCapCrypto @GalaxyDigital @IOSGVC @fenbushi @Delphi_Digital @Alchemy @Maven11Capital @iobc_capital @Rockaway_X @FigmentCapital @DispersionVC @l2iterative @GnosisVC @rollupventures 13/.🧵 @boundless_xyz vs @SuccinctLabs – Key Metrics. @boundless_xyz Decentralized ZK marketplace.PoVW + low barrier to entry.Leading in orders & program count.Open & universal adoption path.data source: @SuccinctLabs (SPN) High-performance, low-latency

@Zcash @zksync @Scroll_ZKP @0xPolygon @StarknetFndn @VitalikButerin @taikoxyz @LineaBuild @RiscZero @SuccinctLabs @lagrangedev @boundless_xyz @BruestleJeremy @FrankLaub_R0 @ssh_nkar @TivoZK @writtenterribly @Xi_195 @blockchaincap @BainCapCrypto @GalaxyDigital @IOSGVC @fenbushi @Delphi_Digital @Alchemy @Maven11Capital @iobc_capital @Rockaway_X @FigmentCapital @DispersionVC @l2iterative @GnosisVC @rollupventures 12/.🧵 ZKVM & ZK Market Competition:.@RiscZero = zkVM + Bonsai + @boundless_xyz.@SuccinctLabs = SP1 zkVM + SPN. They take very different strategic paths. 👉@RiscZero path.-zkVM: general-purpose (RISC-V core).-Bonsai: centralized Prover-as-a-Service, enterprise-grade SLA

@Zcash @zksync @Scroll_ZKP @0xPolygon @StarknetFndn @VitalikButerin @taikoxyz @LineaBuild @RiscZero @SuccinctLabs @lagrangedev @boundless_xyz @BruestleJeremy @FrankLaub_R0 @ssh_nkar @TivoZK @writtenterribly @Xi_195 11/.💰 Fundraising:.July 2023 → $40M Series A. Led by @blockchaincap.Backed by:.@BainCapCrypto, @GalaxyDigital, @IOSGVC, @fenbushi, @Delphi_Digital, @Alchemy, @Maven11Capital, @iobc_capital, @Rockaway_X, @FigmentCapital @DispersionVC, @l2iterative, .@GnosisVC, @rollupventures,

@Zcash @zksync @Scroll_ZKP @0xPolygon @StarknetFndn @VitalikButerin @taikoxyz @LineaBuild @RiscZero @SuccinctLabs @lagrangedev @boundless_xyz 10/.👥 @RiscZero team (founded 2021).From Amazon, Google, Intel, Meta, Microsoft, Coinbase, Mina, O(1) Labs. Leads:.@BruestleJeremy （Co-founder | CEO）.@FrankLaub_R0 （Co-founder | CTO）.@ssh_nkar （@boundless_xyz CEO）.@TivoZK @writtenterribly (@boundless_xyz COO).@Xi_195 (VP

@Zcash @zksync @Scroll_ZKP @0xPolygon @StarknetFndn @VitalikButerin @taikoxyz @LineaBuild @RiscZero @SuccinctLabs @lagrangedev @boundless_xyz 9/.💰 Tokenomics: ZK Coin (ZKC).Supply: 1B, inflation 7% → 3% (year 8 stable).Issuance tied to PoVW = proofs → rewards. Utility:.Staking/collateral (slashing).Prover rewards (75% to provers / 25% to stakers).Payment layer → all proofs ZKC-backed

@Zcash @zksync @Scroll_ZKP @0xPolygon @StarknetFndn @VitalikButerin @taikoxyz @LineaBuild @RiscZero @SuccinctLabs @lagrangedev @boundless_xyz 8/.🧵 @boundless_xyz = universal ZK compute marketplace. Decouples proof generation from consensus → tasks distributed by market. Workflow:.1⃣ Dev submits zkVM program.2⃣ Provers bid for tasks.3⃣ Sub-proofs (zk-STARKs) → recursive aggregation.4⃣ Cross-chain unified verification

@Zcash @zksync @Scroll_ZKP @0xPolygon @StarknetFndn @VitalikButerin @taikoxyz @LineaBuild @RiscZero @SuccinctLabs @lagrangedev @boundless_xyz 7/.@RiscZero product stack:.R0VM 2.0: zkVM engine.@boundless_xyz : decentralized proof market.Bonsai: centralized Prover network.Steel: zkCoprocessor.OP Kailua: OP Rollup ZK upgrade.Zeth: zkVM-based block prover.The Signal: cross-chain ZK consensus client

@Zcash @zksync @Scroll_ZKP @0xPolygon @StarknetFndn @VitalikButerin @taikoxyz @LineaBuild @RiscZero @SuccinctLabs @lagrangedev @boundless_xyz 6/.🌐 RISC-V = open, royalty-free ISA → naturally decentralized. @RiscZero builds zkVM on top, supporting Rust/C++. zkVM workflow: Guest Code → ELF → executor → Prover generates Receipt. Third-parties just verify Receipt → no need to re-execute. 🚀 R0VM 2.0 (2025.4):.•

@Zcash @zksync @Scroll_ZKP @0xPolygon @StarknetFndn @VitalikButerin @taikoxyz @LineaBuild @RiscZero @SuccinctLabs 5/.ZK evolution = modular & market-driven:.zkVM = CPU → trusted compute.zkCoprocessor = GPU → outsource heavy tasks (@RiscZero Steel, @lagrangedev).zkMarketplace = cloud → decentralized proof market (@boundless_xyz). 👉 Flow: zkVM foundation → Coprocessor offload →.

@Zcash @zksync @Scroll_ZKP @0xPolygon @StarknetFndn @VitalikButerin @taikoxyz @LineaBuild 4/.In this context → General-purpose zkVMs rise. They shift from “EVM-compatibility mindset” → “chain-agnostic trusted compute.”.zkVM = ZK world’s trust CPU. -RISC-V route (@RiscZero @SuccinctLabs SP1): open ISA, simple, efficient circuits, supports Rust/C++. -Wasm route

@Zcash @zksync @Scroll_ZKP @0xPolygon @StarknetFndn 3/.@VitalikButerin (2022): zkEVM types = compatibility vs performance tradeoff.Type 1: Full equivalence → lowest migration, slow proofs (ex: @taikoxyz).Type 2: Full compatibility → minimal changes (ex: @Scroll_ZKP @LineaBuild).Type 2.5: Semi-compat →

@Zcash 2/.🌐 Three core ZK use cases:.1⃣ Scalability.2⃣ Privacy.3⃣ Interoperability & Data Integrity. 👉 Scalability = earliest & broadest adoption.Execute off-chain, verify on-chain → higher TPS, lower cost, same security. -zkRollup: @zksync @Scroll_ZKP @0xPolygon @StarknetFndn

1/.🔑 Evolution of ZK:.1980s–2010s: Theory.-MIT researchers propose ZK, initially “interactive proofs.”.-zk-SNARKs appear in 2010s → efficiency boost. Late 2010s: Blockchain apps.@Zcash brings zk-SNARKs to private payments. 2020s: Breakout expansion.• zkRollup → Layer2

🧵 【Deep Dive】From zkVM to the Open Proof Market @RiscZero × @boundless_xyz. Zero-knowledge proofs (ZK) are becoming the cornerstone of verifiable computation in blockchain, with a clearer trajectory and use cases emerging:. ⚡️ Three pillars: scalability (Rollups, zkEVM,.