The Currency Analytics
By Maheen Hernandez
Ethereum Founder Vitalik Buterin
The Electric Coin Co. (ECC) were developing the source code for Halo 2. The Halo 2 is a more updated version which eliminates the requirement for a trusted set up in ZCash.
Zooko of ZCash tweeted: “Today we are releasing the source code for Halo 2 in cooperation with the Ethereum Foundation, and committing to supporting Halo 2 in order to…
ECC Engineer Sean Bowe has already provided a more in depth explanation for Halo 2. All of the improvements for Halo 2 were done in coordination with the Ethereum…
The entire focus of ECC is to eliminate trusted setup on Zcash by 2021. Thus, creating a platform for support of recursive proofs of layer 1 scalability.
Sydney Ifergan, the crypto expert tweeted: “Back in July, EF granted $120,000 to ECC to continue Halo research and now Halo 2 is a reality and Zcash will benefit if they decide…
It is nice to see people and organizations from different blockchain ecosystems work together providing for efforts realizable by all.
Vitalik Buterin, Ethereum founder stated, “The Ethereum Foundation is excited to formally support the talented people at ECC, while taking our informal collaborations to date to…
The ECC is in further discussions with EF and several other organizations to further Halo collaboration.
The Halo 2 research are proceeding with next two milestones: “Publish a development branch using PLONK, including benchmarking for various circuit sizes.
After completing these objectives ECC are set to decide if it will be feasible to implement Halo 2 in ZCash early 2021.