According to Odaily, Hyperbridge has announced a collaboration with ZkVerify to provide cross-chain zero-knowledge proof (ZKP) verification, potentially reducing costs by over 90%. ZkVerify is a blockchain that offers zero-knowledge proof verification, while Hyperbridge functions as a coprocessor that performs verification operations off-chain and securely reports the results.

The team explained that ZkVerify handles computationally intensive off-chain proof verification, enhancing scalability. Hyperbridge enables the verification proofs to be accessed across multiple blockchain networks, thereby reducing gas fees. This partnership addresses Ethereum's limitations and supports broader crypto technology, offering innovative and cost-effective ZKP solutions for developers and end-users across various blockchains.