Zero-Knowledge Proofs


Tech

Polygon, StarkWare Tout New 'Circle STARKs' as Breakthrough for Zero-Knowledge Proofs

Circle STARKs are supposed to accelerate the proving process for zero-knowledge rollups, according to a white paper published by Polygon Labs and StarkWare.

Brendan Farmer, Co-Founder of Polygon (Shutterstock/CoinDesk)

Consensus Magazine

What Are Zero-Knowledge Proofs?

Zero-knowledge proofs (ZKPs) allow crypto network users to verify the validity of a transaction without revealing details of the transaction.

(Tom/Pixabay)

Tech

Making Sense of Web3’s Burgeoning AI Ecosystem

Although the intersection of Web3 and AI has great potential, there is a lot of confusion about this emerging technology in the market today. Mapping out the GPU supply chain, layers of the tech stack, and various competitive landscapes can help investors better understand the ecosystem and make more informed investment decisions, says David Attermann, at M31 Capital.

(Markus Winkler/Unsplash)

Tech

Polygon Stops Work on 'Edge,' Used to Build Dogechain, as Focus Turns to ZK

Polygon Labs, a developer of scaling networks for Ethereum, has shifted toward "Polygon CDK," a blockchain-development kit powered by zero-knowledge cryptography. The older "Polygon Edge" was used by Dogechain, in an unofficial effort to build a Dogecoin-oriented smart-contracts network.

DOGE Meme shiba inu (Atsuko Sato)

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Tech

Chainlink Data Feeds Available on Polygon zkEVM

Developers building on Polygon’s zkEVM will be able to incorporate these data feeds into their on-chain applications.

Sergey Nazarov Chainlink Co-founder (Chainlink Labs)

Tech

Cronos, Partner of Crypto.com, to Start Layer 2 Network With Matter Labs

The new "Cronos zkEVM chain" is launching initially as a test network, based on Matter Labs’ software tools, which can be used to spin up new layer 2 and layer 3 “hyperchains” atop Ethereum.

Cronos Labs Managing Director Ken Timsit (Ken Tismit)

Tech

Ethereum's Buterin Floats Prospect of Taking Some Layer-2 Functions Back on Main Chain

Vitalik Buterin, a member of the Ethereum Foundation's executive board, once pushed "layer-2" networks as a way to provide faster and cheaper transactions. Now he's got ideas for "enshrining" some of those functions on the main chain.

Ethereum co-founder Vitalik Buterin (Bradley Keoun/modified by CoinDesk)

Tech

Cryptocurrency Exchange OKX Coming Out With Layer 2 ‘X1’ Built on Polygon Technology

The OKB token will be used for gas fees on the new chain, which comes as rival crypto exchanges including Coinbase and reportedly Kraken are pursuing their own layer-2 projects.

OKX Chief Innovation Officer Jason Lau (OKX)

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Tech

Nil Foundation Plans New Ethereum Rollup With Zero-Knowledge Proofs, Sharding

The foundation claims that this will be the first ZK rollup that enables sharding, combining two popular scaling technologies.

Rollup (Bru-nO/Pixabay)

Tech

Kraken Said to Seek Partner to Help Build It a Layer 2 Blockchain Network

The crypto exchange is still considering which blockchain developer should build its network, with Polygon, Matter Labs and the Nil Foundation in the mix, according to people familiar with the situation. Rival crypto exchange Coinbase blazed the trail with Base.

Kraken CEO Jesse Powell (CoinDesk)