Firm building decentralized supercomputer attracts 1.5M nodes during testnet
Nexus said the testnet results show that there’s “early excitement” for a shared supercomputer. This post was originally published on this site
ZK-proofs are more affordable than legacy ID systems — Cysic founder
According to World Bank data, an estimated one billion individuals worldwide lack official identification credentials.This post was originally published on this site
Privacy is missing ingredient for business blockchain adoption: EY exec
Paul Brody, EY’s global blockchain leader, highlights how privacy is the missing piece for blockchain adoption in businesses and provides potential solutions to enterprise concerns.This post was originally published on this site
Merlin Chain, BitcoinOS partner to unveil ZK-powered Bitcoin bridge
Merlin Chain and BitcoinOS join forces to deploy the Grail Bridge, introducing zero-knowledge proof (ZKP) for secure cross-chain transactions.This post was originally published on this site
Matter Labs CEO announces company restructuring, layoffs
Matter Labs is the creator of the Ethereum layer-2 scaling solution ZKsync.This post was originally published on this site
Ethereum's future hinges on interoperable layer-2s
Ethereum layer-2 fragmentation may require a ZKP fix in the future, but interoperable L2s are the surest fix in the meantime.This post was originally published on this site
Space and Time Unveils Sub-Second ZK Prover, Now Open-Sourced
With goals set on advancing blockchain and artificial intelligence (AI) integration, Space and Time has publicly released its high-speed zero-knowledge prover, Proof of SQL, under an open software license. The team says the release marks a notable shift towards more efficient data verification processes in blockchain applications. Blockchain Verification Enters New Speed Era with Space […]
Community Backlash Forces Matter Labs to Drop ‘ZK’ Trademark Bid
The developer of the Zksync Ethereum Layer 2 network, Matter Labs, abandoned its bid to trademark the term ‘ZK’ just days after asserting its right to do so. Matter Labs’ trademark bid withdrawal follows a furious community backlash that ultimately saw co-inventors of zero-knowledge proofs publicly chastise the developer. Community Backlash Ends Matter Labs’ ZK […]
Early Crypto Adopter: Unmatched Privacy of ZK Proofs Outweighs the Technology’s Perceived Disadvantages
Although zero-knowledge (ZK) proofs are often considered complex to set up, Iva Wisher, co-founder of the Layer two platform Prom, argues that the technology’s unparalleled privacy, faster transaction finality, and overall efficiency outweigh any developmental complexity. Wisher, an early adopter of cryptocurrency, acknowledges that the industry is currently working to address usability concerns associated with […]
‘Garbled Circuits’ Enable Transactional Confidentiality, Encourage Enterprise Web3 Adoption — COTI Co-Founder
According to Shahaf Bar-Geffen, CEO of the privacy-centric Layer 2 network COTI, enterprises and mainstream organizations are not yet fully convinced of the benefits of complete privacy or true anonymity in any system. Bar-Geffen said the primary reason for this is that such systems often get exploited by individuals with dishonest intentions. Regulators’ Perceptions of […]