zCloak Network is pleased to announce that its full-chain zero-knowledge proof (ZK) verification layer product Cloaking Layer has received a $100,000 developer grant from the DFINITY Foundation. This grant is part of the DFINITY Foundation's "Developer Grant Program" and aims to help zCloak Network launch an advanced ZK verification infrastructure covering the entire chain.

The project is expected to reduce Ethereum’s ZK verification fees from tens to hundreds of dollars to cents, and provide out-of-the-box full-chain ZK coverage capabilities for various ZK application development teams.

As a team focused on Web3 technology, zCloak Network provides trust and privacy protection for the digital world through zero-knowledge proof (ZK) and decentralized identity (DID) technology.

Its latest project "Cloaking Layer" is based on the advanced functions of the ICP public chain. It aims to popularize and promote zero-knowledge proof technology on a large scale so that more users can enjoy its advanced features. Cloaking Layer provides ultra-fast, low-cost and highly secure zero-knowledge proof verification services, and can be easily integrated into different blockchain networks, leveraging the unique features of ICP to achieve cross-chain interoperability.

Zero-knowledge proof technology plays a key role in the field of data privacy and security. Its general usage process includes two steps: proof generation and proof verification.

Cloaking Layer focuses on proof verification, pioneering the integration of verifiers of multiple ZK virtual machine systems into WebAssembly (WASM), and creates a universal ZK verification environment within ICP Canister.

Combined with ICP's Chainkey technology, the Cloaking Layer can achieve real-time interoperability across blockchains, and through threshold ECDSA/EdDSA signatures, ensure that verification results can be accurately and reliably delivered to any target blockchain network.

Since January 2024, the zero-knowledge proof coprocessor (zk-Coprocessor) developed by zCloak Network on ICP has been successfully running on the EVM chain and Solana testnet through a demonstration game based on the technology, demonstrating the practical application potential of its full-chain zero-knowledge proof technology.

For developers and project owners, Cloaking Layer provides a "ZK-as-a-Service" business model. For developers and project owners who want to integrate innovative and optimized ZK functions into their products, Cloaking Layer can help them integrate privacy protection functions and improve the trust and security of the system.

At present, Cloaking Layer is mainly aimed at Ethereum L2, Bitcoin L2, and high-speed public chains such as Solana and Sui, and is applied in identity authentication, DePIN, artificial intelligence, payment, zkML and ZK coprocessors.

This funding marks an important step for zCloak Network in promoting the popularization of zero-knowledge proof (ZK) technology. With the support of the DFINITY Foundation, zCloak Network is expected to make major breakthroughs in the development and application of zero-knowledge proof, pushing privacy and security to the forefront of the digital revolution, and reshaping digital identity security and data privacy protection in the Web3 era.

About the DFINITY Foundation

The funding from the DFINITY Foundation will help the zCloak Network further develop and optimize the Cloaking Layer, and promote the popularization of ZK technology in more industries and applications.

As a major contributor to the Internet Computer (ICP) public chain, the DFINITY Foundation has been committed to supporting and promoting the development of the ICP ecosystem. Its "Developer Funding Program" aims to promote innovation, support potential developers and teams, and make it easier for the global developer community to integrate into the ICP ecosystem.

About zCloak Network

zCloak Network continues to explore the forefront of Web3 technology, focusing on innovative research in zero-knowledge proof technology and decentralized digital identity. Its vision is to protect digital trust and data privacy in the era of artificial intelligence and create a safe and trusted digital environment for everyone. Its flagship products Valid One and Cloaking Layer provide innovative solutions for trusted identity authentication and zero-knowledge proof verification, respectively.

Related Links

Official website:

cloakinglayer.com

Twitter：

@zCloakNetwork

Discord：

discord.com/invite/wcKt6MDRJz

Medium：

zcloaknetwork.medium.com

YouTube：

youtube.com/channel/UCgV_B5uUS77928yHxNpobNQ

LinkedIn：

linkedin.com/company/zcloak-network/?originalSubdomain=hk

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