ZeroKnowledge
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Zero-knowledge proofs are a game-changer for Web3. ‼️‼️‼️‼️‼️‼️‼️‼️They let you prove something is true without showing the details. Think of it like getting into a club without revealing your age.
In Web3, this means:
- Safer transactions on blockchains without exposing sensitive info
- Faster processing of info on blockchains
- Private financial transactions in DeFi apps
- Secure digital identities that give you control over your data
Zero-knowledge proofs are still being developed, but they have huge potential. As Web3 grows, they'll be key to keeping your info safe and private ‼️
#ZeroKnowledge #US_Job_Market_Slowdown #BTC_Bounce_Back_to_57k #Write2Earn!
In Web3, this means:
- Safer transactions on blockchains without exposing sensitive info
- Faster processing of info on blockchains
- Private financial transactions in DeFi apps
- Secure digital identities that give you control over your data
Zero-knowledge proofs are still being developed, but they have huge potential. As Web3 grows, they'll be key to keeping your info safe and private ‼️
#ZeroKnowledge #US_Job_Market_Slowdown #BTC_Bounce_Back_to_57k #Write2Earn!
Polygon co-founder #SandeepNailwal takes on new role as Chief Business Officer (CBO) to focus on Zero-Knowledge (ZK) tech. ZK proofs allow proving information without revealing it, crucial for scaling blockchains. Nailwal will oversee Polygon tools like Polygon CDK (ZK software toolkit) and AggLayer (ZK scaling protocol). This shift highlights Polygon's commitment to ZK solutions for faster, cheaper transactions on Ethereum. #ZeroKnowledge #Megadrop #Write2Earn! #PolygonMATIC
CoinFund Leads $5 Million Seed Funding for Sindri. 💰💸🤑
Exciting developments are underway in the world of zero-knowledge infrastructure as CoinFund takes the lead in a significant $5 million seed funding round for Sindri. This injection of capital is set to propel Sindri to new heights, supporting the expansion of its team, fostering the growth of its developer network, and building a comprehensive zero-knowledge-based developer stack.
Funding Round Success:
CoinFund spearheads a $5 million seed funding round, demonstrating strong investor confidence in Sindri's potential.
Strategic Allocation:
The funds will be strategically used to expand Sindri's team, enhancing its capabilities and expertise.
Developer Network Growth:
A crucial focus lies on growing Sindri's developer network, fostering collaboration and innovation within the zero-knowledge space.
Comprehensive Developer Stack:
Sindri aims to build a robust and comprehensive zero-knowledge-based developer stack, positioning itself at the forefront of this cutting-edge technology.
Previous Funding:
This substantial investment follows a $2 million pre-seed funding round in June 2022, showcasing sustained interest and support for Sindri's endeavors.
Zero-Knowledge Proofs:
Sindri's platform empowers developers to verify data using zero-knowledge proofs. These cryptographic tools allow verification without revealing specific details, a technique gaining popularity across various applications.
Versatile Applications:
Beyond blockchain, zero-knowledge proofs find utility in machine learning and AI models, broadening Sindri's impact across diverse technological landscapes.
User Base Diversity:
Sindri's platform is already making waves among various users, including blockchain Layer 2s, zkML projects, ZK researchers, and other forward-thinking organizations.
#Sindri #Investing #CoinFund #ZeroKnowledge
Exciting developments are underway in the world of zero-knowledge infrastructure as CoinFund takes the lead in a significant $5 million seed funding round for Sindri. This injection of capital is set to propel Sindri to new heights, supporting the expansion of its team, fostering the growth of its developer network, and building a comprehensive zero-knowledge-based developer stack.
Funding Round Success:
CoinFund spearheads a $5 million seed funding round, demonstrating strong investor confidence in Sindri's potential.
Strategic Allocation:
The funds will be strategically used to expand Sindri's team, enhancing its capabilities and expertise.
Developer Network Growth:
A crucial focus lies on growing Sindri's developer network, fostering collaboration and innovation within the zero-knowledge space.
Comprehensive Developer Stack:
Sindri aims to build a robust and comprehensive zero-knowledge-based developer stack, positioning itself at the forefront of this cutting-edge technology.
Previous Funding:
This substantial investment follows a $2 million pre-seed funding round in June 2022, showcasing sustained interest and support for Sindri's endeavors.
Zero-Knowledge Proofs:
Sindri's platform empowers developers to verify data using zero-knowledge proofs. These cryptographic tools allow verification without revealing specific details, a technique gaining popularity across various applications.
Versatile Applications:
Beyond blockchain, zero-knowledge proofs find utility in machine learning and AI models, broadening Sindri's impact across diverse technological landscapes.
User Base Diversity:
Sindri's platform is already making waves among various users, including blockchain Layer 2s, zkML projects, ZK researchers, and other forward-thinking organizations.
#Sindri #Investing #CoinFund #ZeroKnowledge
🔒 Introducing Liminal: Multichain Privacy Layer for Web 3.0 🔗
The @Aleph__Zero team proudly presents #Liminal —a cutting-edge interchain privacy solution. #Bridging multiple blockchains, Liminal enhances security and #privacy for transactions. #Blockchain Liminal combines "zero-knowledge" proofs (ZK-SNARKs) and Secure Multiparty Computation (sMPC) for innovative security. Protecting sensitive data while ensuring correctness. 🌐✅#ZeroKnowledge #Security #sMPC ZK-SNARKs handle basic transfers, while sMPC supports a global private state concept. Liminal's hybrid approach ensures both speed and security. 🚀🛡️#HybridPrivacy Liminal offers economical communication channels between blockchains with minimal transaction fees, ideal for a multichain future. 💰🌐#Interchain #TransactionFees #Azero #CryptoDevelopers can write smart contracts on #Eth or #Near while keeping a private state on Aleph Zero. #Liminal's privacy is native, fostering seamless connections across chains. 🤝🔒#SmartContracts #Privacy Liminal is our leap toward a wider blockchain ecosystem—a step towards Web 3.0. Stay tuned for more exciting updates on this game-changing product. 🚀🌐#Web3 #AlephZero Powered by #MarmosetClub. 🐒@Trelarat.
⚡ #CryptoGPT has raised $10M in the Series A #funding round at a valuation of $250M
CryptoGPT, a #ZeroKnowledge layer 2 #blockchain , has closed its Series A funding round led by #DWFLabs .
CryptoGPT, a #ZeroKnowledge layer 2 #blockchain , has closed its Series A funding round led by #DWFLabs .
Binance's Impact on Rollups: Advancements in Blockchain Scaling Solutions
Binance has been actively involved in the rollups innovation by supporting projects that develop and implement rollup solutions.
Binance also offers a platform for users to trade cryptocurrencies that utilize these solutions, which can help to increase their adoption and usage. Additionally, Binance has developed its own blockchain, Binance Smart Chain, which includes support for rollup technology and can provide a scalable and efficient ecosystem for decentralized applications.
Optimistic rollups vs. ZK rollups
Rollups are a way to help blockchains handle lots of transactions without getting too slow or expensive. There are two kinds of rollups: optimistic and zero-knowledge. Optimistic ones are faster, but sometimes have mistakes that need to be fixed. Zero-knowledge ones are slower but more secure. Both kinds of rollups help make using blockchains easier and faster for everyone. As more people use blockchains, rollups will become even more important. Binance is working hard to improve its blockchain technology, including using rollups, to make it the best it can be.
#Binance #ZeroKnowledge #Optimistic #rollups #L2
Binance also offers a platform for users to trade cryptocurrencies that utilize these solutions, which can help to increase their adoption and usage. Additionally, Binance has developed its own blockchain, Binance Smart Chain, which includes support for rollup technology and can provide a scalable and efficient ecosystem for decentralized applications.
Optimistic rollups vs. ZK rollups
Rollups are a way to help blockchains handle lots of transactions without getting too slow or expensive. There are two kinds of rollups: optimistic and zero-knowledge. Optimistic ones are faster, but sometimes have mistakes that need to be fixed. Zero-knowledge ones are slower but more secure. Both kinds of rollups help make using blockchains easier and faster for everyone. As more people use blockchains, rollups will become even more important. Binance is working hard to improve its blockchain technology, including using rollups, to make it the best it can be.
#Binance #ZeroKnowledge #Optimistic #rollups #L2
Fuse Network partners with #Polygon CDK for a pioneering Ethereum ZK L2 Network.
Fuse Network, a leading #Layer1 blockchain participant dedicated to advancing #Web3 payments scalability, has teamed up with Polygon Labs, a globally recognized blockchain technology company. Fuse is set to undertake an ambitious venture to establish an innovative, highly efficient, and sturdy Ethereum-based #ZeroKnowledge (ZK) #Layer2 (L2) network, leveraging the powerful features of the Polygon Chain Development Kit (CDK).
👉 news.fuse.io/fuse-network-to-launch-zk-powered-layer-2-using-polygon-cdk/
Fuse Network, a leading #Layer1 blockchain participant dedicated to advancing #Web3 payments scalability, has teamed up with Polygon Labs, a globally recognized blockchain technology company. Fuse is set to undertake an ambitious venture to establish an innovative, highly efficient, and sturdy Ethereum-based #ZeroKnowledge (ZK) #Layer2 (L2) network, leveraging the powerful features of the Polygon Chain Development Kit (CDK).
👉 news.fuse.io/fuse-network-to-launch-zk-powered-layer-2-using-polygon-cdk/
The ZKSpace team has rebranded and upgraded to ZKBase to empower the BTC and ETH ecosystems.
ZKBase is an infrastructure protocol based on ZK (Zero Knowledge) proof technology, dedicated to providing scalability solutions for mainstream blockchains like Ethereum and Bitcoin, and building decentralized cross-chain and Layer2 ecosystems.
#BRC20 #zkbase #bitcoin #ZeroKnowledge
ZKBase is an infrastructure protocol based on ZK (Zero Knowledge) proof technology, dedicated to providing scalability solutions for mainstream blockchains like Ethereum and Bitcoin, and building decentralized cross-chain and Layer2 ecosystems.
#BRC20 #zkbase #bitcoin #ZeroKnowledge
#begginers #ZeroKnowledge experts need support and help to know how this things works.
$ETH $
💡Simplified breakdown of different ZK-EVM types:
📍Type 1: Fully Ethereum-equivalent
- Aims to mirror Ethereum exactly, but proving transactions is time-consuming due to Ethereum's non-ZK-friendly design.
📍Type 2: Fully EVM-equivalent
- Similar to Type 1 but modifies certain structures for faster proof generation, sacrificing full Ethereum compatibility.
📍Type 2.5: EVM-equivalent with adjusted gas costs.
- Increases gas costs for complex operations to speed up proofs but might cause minor incompatibilities.
📍Type 3: Almost EVM-equivalent
- Sacrifices some features for faster proof generation, improving compatibility over time.
📍Type 4: High-level language equivalent
- Converts high-level code directly into ZK-SNARK-friendly language for very fast proofs but might lack full compatibility with existing EVM-based applications.
The goal is for ZK-EVMs to evolve towards Type 1 for perfect Ethereum compatibility, allowing various paths to scale Ethereum and ZK-rollups. Different projects are exploring these types, with potential shifts between them as they improve over time.
2024 will be an exciting year, most of the Zero-Knowledge Proofs are finished and coming to Mainnet, solving some of the problems here in Web3.
#Web3 #Layer2Chains #ZeroKnowledge #zkRollup #ETH
💡Simplified breakdown of different ZK-EVM types:
📍Type 1: Fully Ethereum-equivalent
- Aims to mirror Ethereum exactly, but proving transactions is time-consuming due to Ethereum's non-ZK-friendly design.
📍Type 2: Fully EVM-equivalent
- Similar to Type 1 but modifies certain structures for faster proof generation, sacrificing full Ethereum compatibility.
📍Type 2.5: EVM-equivalent with adjusted gas costs.
- Increases gas costs for complex operations to speed up proofs but might cause minor incompatibilities.
📍Type 3: Almost EVM-equivalent
- Sacrifices some features for faster proof generation, improving compatibility over time.
📍Type 4: High-level language equivalent
- Converts high-level code directly into ZK-SNARK-friendly language for very fast proofs but might lack full compatibility with existing EVM-based applications.
The goal is for ZK-EVMs to evolve towards Type 1 for perfect Ethereum compatibility, allowing various paths to scale Ethereum and ZK-rollups. Different projects are exploring these types, with potential shifts between them as they improve over time.
2024 will be an exciting year, most of the Zero-Knowledge Proofs are finished and coming to Mainnet, solving some of the problems here in Web3.
#Web3 #Layer2Chains #ZeroKnowledge #zkRollup #ETH
Developers building on the speedy layer-1 blockchain Sui now have access to a full stack of zero-knowledge-proof-based (ZK) tools.
#sui #layer-1 #ZeroKnowledge
#sui #layer-1 #ZeroKnowledge
Mystiko Unveils its $XZK tokens Airdrop Campaign
Mystiko, the #Web3 base layer, has initiated an airdrop campaign, offering #XZK tokens for community engagement. Participants can earn Loyalty Points through Discord roles and Galxe tasks, including social and on-chain activities.
Mystiko.Network is a decentralized platform for #ZeroKnowledge (ZK) technology in blockchains. It offers tools to enhance scalability, interoperability, and confidentiality for blockchain applications, enabling cost reduction, secure cross-chain interaction, and user privacy protection.
Mystiko, the #Web3 base layer, has initiated an airdrop campaign, offering #XZK tokens for community engagement. Participants can earn Loyalty Points through Discord roles and Galxe tasks, including social and on-chain activities.
Mystiko.Network is a decentralized platform for #ZeroKnowledge (ZK) technology in blockchains. It offers tools to enhance scalability, interoperability, and confidentiality for blockchain applications, enabling cost reduction, secure cross-chain interaction, and user privacy protection.
Mystiko Network conducts its Token Sale on Coinlist
#MystikoNetwork , a leading ZK technology provider for blockchains, has launched its #XZK token sale on CoinList. The sale begins on March 28 at 17:00 UTC and will last till April 4 17:00 UTC. #Coinlist sale token price is $0.15 with 25% unlocking after a 75 day period, remaining 75% vesting over 12 months. Token exchange listing is expected to occur on or around June 18, 2024.
Mystiko.Network is a decentralized platform for #ZeroKnowledge (ZK) technology in blockchains. It offers tools to enhance scalability, interoperability, and confidentiality for blockchain applications, enabling cost reduction, secure cross-chain interaction, and user privacy protection.
#MystikoNetwork , a leading ZK technology provider for blockchains, has launched its #XZK token sale on CoinList. The sale begins on March 28 at 17:00 UTC and will last till April 4 17:00 UTC. #Coinlist sale token price is $0.15 with 25% unlocking after a 75 day period, remaining 75% vesting over 12 months. Token exchange listing is expected to occur on or around June 18, 2024.
Mystiko.Network is a decentralized platform for #ZeroKnowledge (ZK) technology in blockchains. It offers tools to enhance scalability, interoperability, and confidentiality for blockchain applications, enabling cost reduction, secure cross-chain interaction, and user privacy protection.
Mintlayer, an L2 scaling solution for Bitcoin, partners with Salus
#Mintlayer has partnered with #Salus , a research and security firm specializing in #ZeroKnowledge technology. This collaboration aims to develop the #ThunderNetwork, a #Layer3 ZK rollup-based solution built on Bitcoin and the #MintlayerProtocol
The Thunder Network is set to enhance scalability, privacy, and Ethereum Virtual Machine (EVM) compatibility for #Bitcoin transactions. By integrating ZK technology, transaction speeds and privacy will be improved, while EVM functionality will allow developers to build applications on Bitcoin more easily.
#Mintlayer has partnered with #Salus , a research and security firm specializing in #ZeroKnowledge technology. This collaboration aims to develop the #ThunderNetwork, a #Layer3 ZK rollup-based solution built on Bitcoin and the #MintlayerProtocol
The Thunder Network is set to enhance scalability, privacy, and Ethereum Virtual Machine (EVM) compatibility for #Bitcoin transactions. By integrating ZK technology, transaction speeds and privacy will be improved, while EVM functionality will allow developers to build applications on Bitcoin more easily.
zkLINK, a multichain utilizing zero-knowledge rollup technology for scalable trading infrastructure, will conduct a public sale of ZKL tokens on January 25 through the Coin List platform.
#zkLink #ZeroKnowledge
#zkLink #ZeroKnowledge
