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a16z Crypto Releases Jolt, a zkEVM Solution, to Provide a Framework for EVM-Compatible Rollups Using SNARKs

According to The Block, a16z Crypto has released a zkEVM solution called Jolt to provide a framework for EVM-compatible Rollups using SNARK. a16z Crypto stated: "In addition to the improvement in speed, due to Jolt's new design paradigm, developers can more easily scale and audit, thereby improving security."