Lookonchain APP

App Store

Vitalik: ZK-EVM and PeerDAS will solve the blockchain trilemma, enabling the Ethereum network to achieve decentralization, security, and scalability simultaneously

2026.01.04 09:08:06

On January 4, Ethereum co-founder Vitalik Buterin took to social media to note: “With ZK-EVM entering the alpha phase (performance now production-ready, with remaining key work focused on security) and PeerDAS already live on mainnet, we’ll explore what this combination means for Ethereum. This isn’t a minor upgrade—they’re turning Ethereum into a fundamentally new, more powerful decentralized network.” BitTorrent (2000) is highly bandwidth-intensive and decentralized but lacks a consensus mechanism. Bitcoin (2009) is highly decentralized and has consensus, but it’s low on bandwidth—because it achieves “distribution” not via sharding, but through work duplication. Now, with PeerDAS (2025) and ZK-EVM (expected to see network adoption by 2026) in the mix, Ethereum has all three: decentralization, consensus, and high bandwidth. The “impossible trilemma” isn’t just solved on paper—it’s solved with working code. Half (data availability sampling) is already live on mainnet today; the other half (ZK-EVM) has hit production-ready performance, with security as the main remaining focus. Over the next roughly four years, this vision is expected to unfold gradually: • 2026: Gas limits (independent of ZK-EVM) will rise substantially thanks to BALs and ePBS; we’ll also see the first chances to run ZK-EVM nodes. • 2026–2028: Gas repricing, state structure tweaks, execution payloads moving to blobs, and other changes to boost security for higher gas limits. • 2027–2030: As ZK-EVM becomes the network’s primary block verification method, gas limits will see another substantial increase. The third piece of this vision is distributed block construction. A long-term goal: no single entity should ever fully build a complete block. Even before hitting that milestone, we aim to significantly distribute block construction power. This can be done via on-chain methods (e.g., expanding FOCIL to become the main channel for transactions entering blocks) and off-chain tools like a distributed builder marketplace. Doing so will cut the risk of centralized actors interfering in real-time transaction packaging and create a more geographically equitable landscape.
Relevant content

Brent Crude Oil Futures Surge Above $140 per Barrel, Hitting a New High Since 2008

April 3: Spot Brent crude — the North Sea’s physical oil delivery benchmark — topped $140 per barrel, hitting its highest level since 2008. Per S&P Global Platts, North Sea-delivery Brent crude reached $141.37/bbl, marking the highest price since 2008. The Strait of Hormuz has been closed for over a month, triggering the largest oil supply disruption in market history, according to the International Energy Agency (IEA). The strait handles roughly one-fifth of global oil shipments, and refineries have been scrambling for available supplies in recent weeks. Spot Brent was just below $128/bbl one day earlier, and current prices now surpass the peak seen during the 2022 Russia-Ukraine conflict. While benchmark Brent crude futures remain below that peak, spot Brent reflects the price of oil traded over a shorter time horizon. (FXStreet)

4 hours ago

Hyperliquid continues to capture CEX market share, with the perpetual contract market share approaching 6%.

April 3rd According to The Block, decentralized perpetual contract platform Hyperliquid is gaining market share from centralized exchanges. In March, its share of total perpetual contract trading volume rose to nearly 6%—up sharply from ~3.5% a year ago—with monthly volume approaching $200 billion. Notably, this growth comes amid an overall decline in exchange trading volumes since the August 2025 peak, meaning Hyperliquid is actually capturing share rather than just riding a broader market surge. Among on-chain rivals, dYdX and GMX have failed to match Hyperliquid’s volume growth or product expansion, with the platform now clearly leading the decentralized perpetual contract space. A key structural driver behind the trend is Hyperliquid’s expansion into non-crypto assets. Commodities like oil are now tradable 24/7 on the platform, and non-crypto asset trading volume’s share of total activity is steadily rising. This underscores decentralized platforms’ structural edge over

4 hours ago

Trump: Iran is reaching the point where they will have to make a deal, or it will be too late

ForexLive: On April 3, U.S. President Donald Trump said, "Iran is coming to the table—and they will have to."

4 hours ago

"Pal" Increases ETH Long Position to 6860 Coins, Equivalent to $14.15 Million

As of April 3rd, monitoring data from HyperInsight (via its Telegram channel @HyperInsight) indicates that the entity "Buddy" has increased its ETH long position to 6,860 coins—valued at approximately $14.15 million. The position currently carries an unrealized loss of $70,000, with an opening price of $2,075.11 and a liquidation price of $1,981.13.

4 hours ago

Circle will be launching cirBTC, a 1:1 pegged Bitcoin asset with on-chain attestation.

On April 3rd, Circle announced the launch of wrapped Bitcoin (cirBTC)—a token backed one-for-one by Bitcoin that’s easily verifiable on-chain, with the goal of seamless integration into Circle’s infrastructure and the broader DeFi ecosystem.

4 hours ago

44% of Bitcoin's circulating supply is currently in a state of unrealized losses, with hodlers facing nearly $600 billion in unrealized losses

April 2nd — Bitcoin trades at $66,450 as of press time, 47% below its $126,000 all-time high set in October 2025, leaving HODLers facing steep unrealized losses. Per Glassnode data, ~8.8 million BTC are currently in a loss position, translating to ~$598.7 billion in unrealized losses—over 44% of Bitcoin’s circulating supply. The firm notes this loss scale is structurally similar to Q2 2022: “Historically, resolving this level of supply excess requires loss-making holders to shift BTC to new buyers entering at lower prices.” Long-term holders (holding >155 days) are realizing $200 million in losses daily—Glassnode calls this “confirmation of active stop-loss selling.” A meaningful drop below $25 million/day would signal selling pressure exhaustion, a historical prerequisite for a bottom preceding a bull market transition, the firm adds. Bitcoin’s spot price also sits below the $83,408 average cost basis for U.S. spot ETF holders, ramping up pressure on these investors. As of th

4 hours ago