Tag: Zero knowledge
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
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
“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
“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 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
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
“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’
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 [...]
Optimism Finally Starts Testing ‘Fault Proofs’ at Heart of Design – and of Criticism
Optimism and similar rollups aim to borrow their security from Ethereum, meaning recording transactions should be tantamount to writing transactions d [...]
Polygon Lands First User of New ‘AggLayer,’ Inking Deal With Astar Network
Astar, a blockchain network prominent in the Japanese Web3 community, said that its Astar zkEVM will be the first network to fully integrate into Poly [...]
StarkWare Plans New ‘Stwo’ Cryptographic Prover for Cheaper Transactions
A prover is a key component for layer-2s, since they generate proofs that are then posted to the base layer blockchain – a crucial process in linking [...]
Avail, an Ethereum Data Network to Rival Celestia, Raises $27M In Seed Round
The funds will be used to build out its three core products, "Avail DA," "Nexus," and "Fusion Security."
www.coindesk.com [...]
Polygon Labs, StarkWare Unveil New ZK Proof Collaboration, Just Days After STRK Airdrop
“This really is coming to play in Plonky3, which is our new proving system,” Brendan Farmer, co-founder of Polygon, said in an interview with CoinDesk [...]
The Year Blockchain Revolutionizes Traditional Asset Management with zkEVM and Institutional-Scale Liquidity Aggregation
The zkEVM, which is capable of performing smart contract transactions within a zero-proof environment, has firmly established itself in blockchain inf [...]
Polygon Labs Deprecates ‘Polygon Edge,’ Used to Build Dogechain, Which Uses Dogecoin for Gas
It was pitched as a way of adding support for Ethereum-style smart contracts, which in turn could facilitate new DeFi protocols as well as NFTs; the o [...]