Brevis Network, a ZK co-processor or computing network, has completed a US$7.5 million seed round of financing. Polychain Capital and Binance Labs co-led the investment, with other participants including IOSG Ventures, Nomad Capital, Bankless Ventures, and Hashkey. Brevis aims to improve blockchain scalability through ZK proof by performing complex tasks off-chain and only sending verified proofs back to the blockchain.
This reduces the blockchain’s workload, increases speed, and lowers costs.
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