Tag: Zero knowledge

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Ethereum Layer-2 Teams Welcome Proposal to Overhaul Blockchain

Ethereum Layer-2 Teams Welcome Proposal to Overhaul Blockchain

“A big problem with Ethereum right now is that for a block to be considered finalized, it generally takes 12 to 19 minutes,” Farmer said. “If you're m [...]
Ethereum’s ENS Identity System Set to Launch Own Layer-2 Blockchain

Ethereum’s ENS Identity System Set to Launch Own Layer-2 Blockchain

ENS’ decision to go ahead with ENSv2 follows a series of other announcements of major crypto firms coming out with their own layer-2 projects. Recentl [...]
Bitcoin Rollup Citrea Deploys BitVM-Based Bridge ‘Clementine’ on Testnet

Bitcoin Rollup Citrea Deploys BitVM-Based Bridge ‘Clementine’ on Testnet

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning medi [...]
Polygon to Buy $5M of Servers With Computer Chips Devoted to Zero-Knowledge Cryptography

Polygon to Buy $5M of Servers With Computer Chips Devoted to Zero-Knowledge Cryptography

“Fabric’s VPUs can accelerate the timeline for wider adoption of zero-knowledge technology from three to five years to six to 12 months,” Polygon co-f [...]
Solving Fragmentation Is Next Blockchain Race as Layer 2s Multiply, ZKsync Developer Says

Solving Fragmentation Is Next Blockchain Race as Layer 2s Multiply, ZKsync Developer Says

Solving Fragmentation Is Next Blockchain Race as Layer 2s Multiply, ZKsync Developer Says www.coindesk.com [...]
Investment Firm Lemniscap Raises $70M Fund Targeting Early Stage Web3 Projects

Investment Firm Lemniscap Raises $70M Fund Targeting Early Stage Web3 Projects

Lemniscap is targeting zero-knowledge infrastructure, consumer applications and decentralized physical infrastructure (DePIN). www.coindesk.com [...]
Pi Squared, Building 'Universal ZK Circuit', Raises $12.5M

Pi Squared, Building 'Universal ZK Circuit', Raises $12.5M

The startup, led by a University of Illinois Urbana-Champaign computer science professor, uses zero-knowledge technology to enable “trustless remote c [...]
ZKsync Airdrop of ‘ZK’ Token Puts Initial Market Cap Near $900M

ZKsync Airdrop of ‘ZK’ Token Puts Initial Market Cap Near $900M

The ZK token opened at $0.31 and is down about 21% since then, trading at $0.24 at the time of writing, according to CoinGecko. The market capitalizat [...]
Another Episode in the Layer-2 Teams Drama

Another Episode in the Layer-2 Teams Drama

This isn’t the first time that Matter Labs has found itself in hot water with its competitors. In August 2023, the Polygon team went on a media blitz [...]
Polygon Acquires Zero-Knowledge Cryptography Firm Toposware

Polygon Acquires Zero-Knowledge Cryptography Firm Toposware

“Toposware joining Polygon Labs signals our continued commitment to building the world’s best ZK research and development team,” said Marc Boiron, the [...]
Layer-2 Network Starknet Gets Ethereum Virtual Machine With Zero-Knowledge Proofs

Layer-2 Network Starknet Gets Ethereum Virtual Machine With Zero-Knowledge Proofs

“This is a great sign of Starknet’s growth and maturity," said the CEO of StarkWare, Eli Ben-Sasson, in a statement to CoinDesk. "Starknet dared to be [...]
ZkSync, Ethereum Layer-2 Network, Hints at Airdrop By End of June

ZkSync, Ethereum Layer-2 Network, Hints at Airdrop By End of June

ZkSync is a layer-2 network designed to scale Ethereum, providing cheaper transactions by performing computation and storing data off-chain; taxonomic [...]
Thiel-Backed Cryptography Startup Lagrange Raises $13M

Thiel-Backed Cryptography Startup Lagrange Raises $13M

As EigenLayer continues to build out its core technology, Lagrange will have "a set of operators from very, very reputable groups that run our infrast [...]
Crypto Exchange OKX Goes Live With New Layer-2 Chain, Following in Footsteps of Coinbase

Crypto Exchange OKX Goes Live With New Layer-2 Chain, Following in Footsteps of Coinbase

“We envision X Layer and other layer-2 chains as the highway infrastructure of the Web3 world, with dApps as the marketplaces and self-hosted wallets [...]
Venture Firm A16z Releases Jolt, a ‘Zero-Knowledge Virtual Machine’

Venture Firm A16z Releases Jolt, a ‘Zero-Knowledge Virtual Machine’

But that's not the only way Lazzarin thinks a16z's research initiatives can help advance the firm's bottom line. The code for Jolt has been open-sourc [...]
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