Share this article

Risc Zero’s 'Boundless' Incentivized Testnet Goes Live

The incentivized testnet, which the team is calling its Mainnet Beta, will let users participate in the network's decentralized marketplace for ZK computation.

Jul 15, 2025, 1:00 p.m.
RISC Zero is building a scalable blockchain using zk rollups (Andrew Haimerl/Unsplash)

What to know:

  • Boundless, the decentralized zero-knowledge (ZK) compute marketplace powered by RISC Zero, has launched its incentivized testnet (which it is calling “Mainnet Beta”) on Base.
  • With Boundless’ incentivized testnet, developers can build and test applications in an environment as if the protocol is in fully live format.

Boundless, the decentralized zero-knowledge (ZK) compute marketplace powered by RISC Zero, has launched its incentivized testnet (which it is calling “Mainnet Beta”) on Base, Coinbase’s Ethereum layer-2 network.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the The Protocol Newsletter today. See all newsletters

With Boundless’ incentivized testnet, developers can build and test applications in an environment as if the protocol is in fully live format. The network has already landed early support from industry heavyweights like the Ethereum Foundation, Wormhole and EigenLayer.

A decentralized marketplace for zero-knowledge compute connects those who need zero-knowledge proofs — such as developers building rollups, bridges, or privacy-preserving applications — with a distributed network of independent “ZK provers or miners” who generate and verify those proofs. Instead of relying on centralized parties, this model allows anyone with the right hardware to contribute computing power and be rewarded for doing that cryptographic work.

Zero-knowledge (ZK) technology allows parties to prove that a transaction is valid without revealing sensitive details like identities or amounts. ZK proofs are widely seen as crucial to the next generation of privacy and scaling focused blockchain projects.

The network relies on a Proof of Verifiable Work (PoVW) consensus mechanism. “PoVW is an open proving market where ZK miners, like institutions and individuals with high-performance GPUs, are rewarded for successfully verifying proofs," the team wrote in a press release shared with CoinDesk. “Unlike traditional Proof of Work, miners get rewarded for verification within a ZK Virtual Machine, ensuring efficiency, fairness, and security.”

In addition, those who will participate in the incentivized testnet will be able to earn early allocations of the network’s forthcoming token, $ZKC, with an airdrop event planned for later this year. Rewards are distributed based on the volume, speed, and complexity of proofs generated.

The team also shared that the network’s real mainnet is planned for the third quarter of 2025, with the token going live then too.

“Boundless makes blockchains more scalable by allowing secure, cross-chain computing without repeating the same tasks. This boosts efficiency, strengthens security, and lets developers and miners join in across different ecosystems,” said Shiv Shankar, the CEO of Boundless, in the press release.

Read more: Blockchain Capital Leads $40M Round for Crypto Firm RISC Zero


AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

More For You

Pudgy Penguins: A New Blueprint for Tokenized Culture

Pudgy Title Image

Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.

What to know:

Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.

The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.

More For You

Deus X CEO Tim Grant: We aren't replacing finance; we're integrating it

Deus X CEO Tim Grant (Deus X)

The Deus X CEO discussed his journey into digital assets, the company's infrastructure-led growth strategy, and why his Consensus Hong Kong panel promises "real talk only."

What to know:

  • Tim Grant entered crypto in 2015 after early exposure to Ripple and Coinbase, drawn by blockchain’s ability to improve traditional finance rather than replace it.
  • Deus X combines investing and operating to build regulated digital finance infrastructure across payments, prime services, and institutional DeFi.
  • Grant will be speaking at Consensus Hong Kong in February.