zkm

ChainCatcher news, ZKM has released the next generation zkVM (Zero-Knowledge Proof Virtual Machine) Ziren (formerly zkMIPS), which opens up new possibilities for the deployability and scalability of zero-knowledge proof (ZK) systems in real-world applications through GPU acceleration, a distributed proof architecture, and a deeply optimized constraint system. Ziren achieves a 30x speedup in core proof generation, a 15x speedup in aggregated proofs, and reduces state preparation time from 5 minutes to 30 seconds, and has already been implemented in the GOAT Network's Bitcoin-native zkRollup project.The naming inspiration for Ziren comes from a variant of the myth "Siren," representing the transition from illusion to reality ------ technology is no longer just attractive, but a genuine promise that is truly usable. Ziren aims to be a truly efficient, trustworthy, and deployable zk infrastructure in the hands of mainstream developers, supporting proof generation for Rust/C/C++ programs, compatible with full Ethereum Rust client verification, and helping developers easily build trusted zero-knowledge systems.

ChainCatcher news, ZKM and GOAT Network have released zkMIPS 1.0, the first scalable deployment version of the zero-knowledge virtual machine (zkVM) based on the MIPS architecture. Compared to the previous zkMIPS 0.3.0 version, performance has improved by 19 times. This version has successfully completed the verification of Ethereum mainnet blocks on the ETHProofs benchmark platform supported by the Ethereum Foundation, ranking first in performance comparisons.ZKM stated that the next phase will focus on overcoming key technical bottlenecks such as "real-time proving," accelerating the adoption and implementation of ZK technology in modular blockchains and cross-chain applications.It is reported that zkMIPS 1.0 has been put into use as the core execution foundation of GOAT Network, helping to build a secure, decentralized, and sustainable BTC yield network. This collaboration also marks the first large-scale practical implementation of zkVM technology in the Bitcoin ecosystem, making GOAT Network the first BTC Layer2 project equipped with zkVM.

ChainCatcher message, Aleo has announced the details for claiming its incentive program, aimed at rewarding community members involved in the development of zero-knowledge technology applications. The incentive distribution targets include the ambassador program, testnet, zkML incentives, and more.The claiming process requires participants to complete KYC verification, agree to the terms, and comply with the token lock-up regulations. U.S. residents must adhere to a one-year lock-up period.

ChainCatcher news, according to official sources, the zero-knowledge proof authentication solution provider zkMe has announced the completion of a $4 million seed round investment, led by Multicoin Capital, with participation from OKX Ventures and Robot Ventures. The funds will be used to optimize the zkMe zero-knowledge identity protocol, which has been live for 13 months, and to develop the zero-knowledge identity layer infrastructure to build a more complete zkMe privacy identity layer network, expected to officially launch in Q4 2024.It is reported that zkMe is committed to providing decentralized compliance services that meet FATF standards through cryptography, offering comprehensive credential verification solutions for the Web3 industry to address the upcoming EU MiCA regulations. At the same time, zkMe also empowers users to have autonomous control over identity credentials and other rights, allowing users to maximize privacy protection and value creation through participation in verification.

ChainCatcher news, according to The Block, the interoperability protocol ZKM announced plans to launch the Bitcoin L2 solution GOAT Network later in the third quarter. According to a statement, ZKM stated that the solution will be the first decentralized Bitcoin L2 to share network ownership.

ChainCatcher news, Zypher Network announced on social media that the first {gZKm} verifiable on-chain game hackathon has been launched. This hackathon is co-hosted by B² Network and Dorahacks, with technical support from Risc Zero, Particle Network, and others. It offers a total of 7 tracks, starting today, June 14, and ending on September 10, 2024, with a prize pool exceeding $200,000. Registration is currently open. The announced hackathon judges include Weikeng Chen, research partner at L2IV, Rebecca Liao, CEO of Saga Network, Jon Kol, CEO of HyperLane, and dozens of other industry experts focused on zk verifiable on-chain games.As a co-host of this hackathon, B² Network has created the "The Most Popular Games" track and is providing a total prize of $100,000 for the entire hackathon.It is reported that previously, the Web3 game engine and application Rollup developer Zypher Network announced the launch of the B² Network mainnet and will deploy a dedicated Layer 3 for on-chain games based on B² Network and its DA Layer B² Hub, which will be the first Layer 3 in the BTC ecosystem to support on-chain games.

ChainCatcher news, according to The Block, the general zero-knowledge proof platform ZKM has completed a $5 million Pre-A round of financing and is preparing to launch a Bitcoin-based Layer 2 network, led by OKX Ventures, with participation from Amber Group, Metis Foundation, Crypto.com, and others.It is reported that ZKM is a network based on zero-knowledge proofs, aimed at unifying blockchains and creating a settlement layer on Ethereum. As part of these efforts, ZKM is developing a special transaction processing network called "entangled rollups," starting with the upcoming L2, which the project claims is built on the Bitcoin blockchain.

ChainCatcher news, Polyhedra Network Chief Strategy Officer Eric Vreeland, Bitlight co-founder Arnaud, zkMe founder and CEO Alex Scheer, and Hiro CEO Alex Miller will attend the "Oak Grove Crypto 2024" conference.It is reported that Oak Grove Crypto 2024 is initiated by Oak Grove Ventures and co-hosted by Polyhedra, Alchemy Pay, Ritual, and ChainCatcher, aiming to bring together elite individuals in the Web3 field to discuss and envision the development trends of the industry over the next five years. This grand event is expected to attract 500 to 1000 industry elites, including innovative leaders, technical experts, and industry investors. They will engage in in-depth discussions on popular topics such as AI, DePIN, gaming, crypto payments, and Bitcoin infrastructure.

ChainCatcher news, Ethereum scaling solution ZKM announces the launch of a trust-minimized multi-chain interoperability infrastructure, Entangled Rollup.According to the introduction, Entangled Rollup is based on the zkRollups standard security assumptions and utilizes recursive zkVM (zkMIPS) to implement interoperability protocols. The Entangled Rollup protocol is trustless and aims to simplify the user and developer experience (as a major adoption barrier in the multi-chain world) and address the issue of liquidity fragmentation.

ChainCatcher news, the zero-knowledge proof protocol system ZKM launched its early contributor program Phase 1 last week, focusing mainly on community education and contributions. Phase 2 of the program will begin in the coming weeks, and contributors who participate in the program by running the Github demo and submitting proofs will receive exclusive rewards.

ChainCatcher news, September 21, New York time, the Ignite the Future event, supported by Mastercard and co-hosted by zkPass, ZKM, NearNYC, was successfully held at the Mastercard Tech Hub in New York. Entrepreneurs, investors, and builders in attendance discussed topics such as the construction of blockchain infrastructure, ZK applications, payments, and how to leverage cryptocurrency technology to drive the digital economic transformation in Latin America, bringing more opportunities and development to the region.It is reported that Ignite the Future is one of the Side Events officially listed by Mainnet2023, attracting nearly a thousand registrations. Due to venue limitations, about 200 guests were invited to attend.(Source link)