Brevis, an innovative verifiable computing platform for blockchain, has raised $7.5 million in a seed round led by Polychain Capital and Binance Labs, with participation from IOSG, Nomad Capital, Bankless Ventures, HashKey, and several angel investors. Brevisâs mission is to transform the scalability and capability of blockchain by enabling complex computations to be processed off-chain with the help of zero-knowledge (ZK) proofs, then verified back on-chain at a minimal cost and with robust security. đ
In this article, weâll explore Brevisâs approach to scalable off-chain computing, how its ZK-powered technology works, and what this means for blockchain applications and developers.
Quick Overview đ
The Problem Brevis is Solving đ§©
Blockchains are inherently limited by their on-chain computation capabilities and high costs. Complex, data-heavy calculations often canât be processed directly on-chain due to prohibitive gas fees and scalability issues, which limits the types of applications and user experiences developers can offer.
Brevis addresses this by enabling applications to offload intensive computations to a low-cost, off-chain environment. Using zero-knowledge proofs, Brevisâs platform can then verify the results of these computations on-chain with the same level of security as on-chain processing, allowing applications to function with fewer restrictions and lower costs. This system introduces an entirely new level of scalability without causing liquidity or state fragmentation, making it ideal for data-driven DeFi, GameFi, and other Web3 applications.
Brevisâs Key Innovation: ZK Coprocessor đ ïž
At the heart of Brevisâs technology is the ZK Coprocessorâa tool that lets smart contracts access and compute on historical on-chain data without needing to directly handle the computational load. Hereâs how it works:
Off-Chain Computation: Computations are carried out off-chain to reduce costs and avoid on-chain congestion.
Zero-Knowledge Proofs: Brevis generates a ZK Proof of the computation result, which is then sent to the on-chain smart contract.
Trustless Verification: The on-chain contract can verify the ZK Proof, ensuring that the off-chain computation is accurate and secure.
With this setup, developers can implement data-heavy and computation-intensive functionalities in their dApps without dealing with the mathematical complexities of zero-knowledge proofs, thanks to Brevisâs Go SDK.
Use Cases: Unlocking New Possibilities for dApps đ
Brevisâs verifiable computing platform opens up several novel use cases for blockchain applications:
Continuous Protocol Incentive Distribution: Automatically reward users based on performance metrics in a transparent, trust-free manner.
Decentralized Blockspace Marketplaces: Optimize and manage the demand for blockspace without state fragmentation.
Enhanced User Engagement Programs: Use on-chain data to power personalized user engagement and retention programs.
Dynamic DeFi Parameters: Adjust DeFi protocol parameters autonomously based on real-time data insights.
Automated Risk Management in Yield Aggregators: Fine-tune yield strategies based on verified off-chain computations to manage risk better.
These capabilities allow dApps to operate more flexibly and effectively, creating customized, data-driven experiences for users while minimizing on-chain expenses.
Launch Partners and Ecosystem Adoption đ
Brevis is already attracting an impressive lineup of partners, with early adopters like Kwenta, JoJo Exchange, and Trusta launching Brevis-powered features on mainnet. Other top protocols, including PancakeSwap, Celer, Usual, Frax, and Gamma, are also developing next-generation products using Brevis technology. This strong adoption demonstrates the demand for scalable, verifiable off-chain computation in Web3.
Additionally, Brevis has introduced one of the first EigenLayer Active Validator Sets (AVS) to enable a novel propose-challenge model. This approach reduces the cost of ZK computation by slightly increasing delay, balancing efficiency and speed for applications where immediate data is not essential.
What Leading Investors Are Saying đŹ
Investors see Brevisâs technology as a major breakthrough in blockchain infrastructure. According to Olaf Carlson-Wee from Polychain, âBrevis is pioneering a transformative approach to verifiable off-chain computation, creating unprecedented scalability and functionality for blockchain applications. We believe Brevisâs vision will redefine whatâs possible for blockchain developers and unlock a new wave of advanced decentralized applications.â
Andy Chang, Investment Director at Binance Labs, shares this enthusiasm, noting, âBrevisâs new asynchronous architecture expands the capability of blockchains without additional trust. Binance Labs champions early-stage projects that onboard the next wave of users into Web3, and we are excited to support Brevisâs efforts in revolutionizing verifiable computing and unlocking a wide array of possibilities.â
Future Roadmap: Scaling Verifiable Computing in Web3 đ€ïž
With the fresh funding, Brevis plans to expand its research and development team, iterate on its decentralized prover network, and accelerate adoption of the ZK Data Coprocessor. Key areas of focus include:
Integrating Additional Off-Chain Components: Expanding the verifiable computing stack to support more blockchain networks and application types.
Enhancing SDK Functionality: Providing more tools within the SDK to empower developers and streamline complex computations.
Broadening Partner Network: Bringing new protocols and dApps into the Brevis ecosystem to create a diverse suite of Brevis-powered applications.
By scaling its infrastructure and integrating more components, Brevis is working to create a modular, decentralized system that can handle the increasing complexity and demands of Web3 applications.
Final Thoughts đ
Brevisâs $7.5 million funding marks a significant milestone for off-chain verifiable computing, addressing one of blockchainâs biggest scalability challenges. By enabling complex computations to be performed off-chain and verified on-chain with ZK proofs, Brevis offers developers limitless capacity to build sophisticated, data-driven dApps. With real-time verifiable computation capabilities, Brevis could set a new standard for efficiency, flexibility, and cost-effectiveness in blockchain development, empowering Web3 projects with tools previously limited to centralized systems.
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NOTE: This article is not a paid or sponsored post. It is intended solely for educational purposes. As always, please conduct thorough research (DYOR) before making any investment decisions in the cryptocurrency market.
