KEY TAKEAWAYS
- Kaia introduces EIP-2537, enhancing cryptographic performance and reducing gas costs for Ethereum smart contracts.
- BLS12-381 precompiles offer 128-bit security, crucial for privacy-preserving technologies and zero-knowledge proofs.
- The upgrade supports scalable, secure blockchain applications, facilitating private transactions and DAO operations.
The blockchain ecosystem is evolving to meet the demands of large-scale applications that require both scalability and security. On Ethereum and EVM-compatible networks, the ability to perform high-performance cryptographic computations within smart contracts is becoming crucial for next-generation Web3 services. Kaia has introduced significant upgrades to its infrastructure, focusing on cryptographic performance through EIP-2537 and BLS12-381 precompiles.
Ethereum smart contracts have traditionally relied on the BN254 precompile for elliptic curve operations, which has facilitated applications like zkSNARK verification. However, with a security level of approximately 80 bits, BN254 falls short of the modern standard of at least 128 bits, necessary to counter potential quantum computing advances. The cryptography community has advocated for a 128-bit security threshold since 2020, and major zkRollup projects are exploring transitions to more robust curves.
BLS12-381: A New Standard for Security and Efficiency
BLS12-381 has proven its reliability as the signature algorithm for Ethereum 2.0 validators, offering 128-bit or stronger security. Its pairing-friendly architecture excels in signature aggregation, zero-knowledge proof operations, and data availability solutions. Despite its advantages, BLS12-381 computations are complex and resource-intensive, leading to high gas costs when implemented directly in smart contracts.
EIP-2537 addresses these challenges by introducing native precompiles, significantly reducing gas costs and enabling developers to access advanced cryptographic capabilities with simple function calls. This development is crucial for privacy protection in stablecoin transactions, allowing zero-knowledge proof-based private payments while maintaining the ability for authorized auditors to review transaction histories.
Implications for Web3 and Beyond
The introduction of EIP-2537 is a milestone for Kaia, enabling smart contracts to utilize higher-security cryptography at an affordable gas cost. This advancement supports the development of privacy-preserving technologies, such as anonymous transactions and private voting, and enhances cryptographic verification in multi-chain environments.
By reducing the gas cost for BLS12-381-based operations, EIP-2537 makes privacy-enabled payments practical on the mainnet. This paves the way for confidential business-to-business payments and private membership transactions, bringing Kaia-based fiat stablecoins closer to institutional adoption.
Furthermore, BLS12-381’s ability to aggregate signatures from multiple users into a single signature streamlines DAO operations, reducing gas costs and encouraging greater participation in governance. The precompiles also facilitate the creation and validation of zero-knowledge proofs, essential for Layer 2 scaling solutions like zk-Rollups.
Kaia’s integration of EIP-2537, as announced here, positions it as a network with best-in-class infrastructure for future blockchain applications, achieving both scalability and security.
Why This Matters: Impact, Industry Trends & Expert Insights
Kaia’s integration of EIP-2537 with BLS12-381 precompiles marks a significant advancement in cryptographic performance for Ethereum and EVM-compatible networks, enhancing scalability and security for next-generation Web3 services.
Recent industry developments highlight Ethereum’s efforts to integrate efficient operations for the BLS12-381 cryptographic curve. This upgrade facilitates cheaper and more efficient verification of BLS signatures and aggregated validator signatures within smart contracts, crucial for zkSNARK proof verification and decentralized applications. This aligns with Kaia’s recent integration of EIP-2537, which supports privacy-preserving technologies and enhances cryptographic verification in multi-chain environments. MixBytes
According to expert opinions, EIP-2537 introduces precompilation for BLS12-381 elliptic curve operations, significantly improving cryptographic operation efficiency in Ethereum. This reinforces the importance of Kaia’s adoption of EIP-2537 for enhancing cryptographic performance and supporting privacy-enabled payments. PANewsLab
Explore More News:
Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
