Polygon Labs has announced that its next-generation zero-knowledge (ZK) proving system, Polygon Plonky3, is now production-ready. This open-source system, licensed under MIT/Apache, empowers developers to build bespoke proving systems for ZKVM or ZK EVM chains, tailored to various use cases. Unlike its predecessor, Plonky2, which was optimized for hardware and recursion, Plonky3 offers greater flexibility…
Read more
Axiom announced a $20 million Series A funding round led by Paradigm and Standard Crypto. The company’s approach uses zero-knowledge cryptography to provide a more efficient and cost-effective method for smart contract developers to access and use on-chain data. Axiom Secures $20 Million in Series A Funding to Enhance Smart Contract Data Access Smart contract…
Read more
Polygon’s Chain Development Kit allows developers to freely build, customize and deploy layer 2 chains connected to the wider Ethereum ecosystem. The Ethereum ecosystem could welcome a variety of new layer 2 (L2) protocols built on Polygon’s newly released open-source codebase, Chain Development Kit, which harnesses zero-knowledge proof (ZK-proof) technology to ensure security and fast finality.…
Read more
Storage proofs could prove useful for services like account recovery, tapping into the ability to access and verify historical Ethereum data. A new zero-knowledge proof (ZK-proof) technology is set to improve the ability to access and verify historical data from the Ethereum blockchain, with deep chain validation cited as a usability barrier of the network. Technology…
Read more
The wallet developer also raised $4.5 million from HackVC and other firms to further advance ZK-based enterprise solutions. Demox Labs has debuted a new wallet for the privacy-oriented Aleo blockchain network, according to a June 1 announcement. Called “Leo,” the wallet allows users to generate zero-knowledge (ZK) proofs within their browsers, letting them interact with…
Read more
The Ethereum scaling solutions provider is preparing to launch its long-awaited Ethereum Virtual Machine roll-up technology. The long-awaited scaling upgrade from Ethereum layer-2 solution provider Polygon (MATIC) has been announced, with the beta launch of its zero-knowledge Ethereum Virtual Machine (zkEVM) mainnet slated for March 27. In a Feb. 14 blog post, Polygon said that…
Read more
According to a recent update on Monero’s Github repository, the privacy-centric crypto network plans to hard fork in July, at block height 2,668,888. Monero is the largest privacy crypto asset in terms of market capitalization and during the last seven days, monero climbed 13.4% against the U.S. dollar. Monero Aims to Upgrade in July The…
Read more
