Risc Zero is set to introduce Boundless, a service utilizing zero-knowledge (ZK) proofs to enhance blockchain security for offchain applications. By bypassing onchain execution limits, Boundless aims to address scalability issues in blockchain, including transaction throughput and cross-chain interoperability. This solution is part of a growing trend of innovations to overcome blockchain's scalability constraints, which lead to higher costs and slower transaction speeds. Boundless, still in testnet, promises to enable new applications in various sectors like cryptocurrency exchanges, artificial intelligence, and personal identification. By leveraging ZK-proofs, blockchains can verify computations without the need for re-execution, offering increased efficiency and reduced costs. Other projects like Movement Labs and Celestia are also working on solutions to improve blockchain scalability and performance. These advancements signal a positive shift towards a more efficient and secure blockchain ecosystem. Read more AI-generated news on: https://app.chaingpt.org/news