Polyhedra Network Launches Proof Cloud In Open Beta
Polyhedra Network has announced the open beta launch of its Proof Cloud at the Google ZK Summit.
Proof Cloud is designed to make ZK proofs more accessible in both web2 and web3 environments. Supported by Google Cloud, Polygon (MATIC), Linea, and Lita, Proof Cloud aims to meet the rising demand for efficient and cost-effective zero-knowledge proof technology.
ZK-proof technology allows one party to prove to another that they know a value or statement is true without revealing any information about the value itself.
It is commonly used in blockchain and crypto for privacy and security. The Polyhedra Network connects over 25 blockchains through its zkBridge interoperability solution.
A key feature of Proof Cloud is a tool called Proof Arena that offers transparency in ZK-proof technology. This platform enables developers to execute prover benchmarks, test performance, and compare results. Proof Arena supports various ZK-proof systems, including Polyhedra’s Expander, Polygon’s Plonky3, StarkWare’s Stwo, and Linea’s Gnark.
Eric Vreeland, Polyhedra Network’s Chief Strategy Officer, emphasized the platform’s potential to reduce computational costs.
“Through Proof Arena, developers will be able to maximize the performance of their zk-proofs and use the prover that is best suited for their needs. By using the Proof Cloud ZK-as-a-service platform, developers can leverage the fastest and most efficient ZK provers, reducing their computational costs by up to 90%” Vreeland said.
Sandeep Nailwal, Polygon Labs Co-Founder, highlighted the importance of tools like Proof Cloud in making ZK technology more accessible and transparent. Polygon’s proving technology will be available on Proof Cloud, contributing to cost reduction for developers.
“Zero-knowledge technology continues to progress at a lightning-fast pace. Tools like Polyhedra’s Proof Cloud are critical to lowering the barrier to entry for building with ZK and add much-needed transparency to the space,” said Nailwal.
Ether Surges 16% Amid Speculation Of US ETF Approval
New York, USA – Ether, the second-largest cryptocurrency by market capitalization, experienced a significant surge of ... Read more
BlackRock And The Institutional Embrace Of Bitcoin
BlackRock’s strategic shift towards becoming the world’s largest Bitcoin fund marks a pivotal moment in the financia... Read more
Robinhood Faces Regulatory Scrutiny: SEC Threatens Lawsuit Over Crypto Business
Robinhood, the prominent retail brokerage platform, finds itself in the regulatory spotlight as the Securities and Excha... Read more
Ethereum Lags Behind Bitcoin But Is Expected To Reach $14K, Boosting RCOF To New High
Ethereum struggles to keep up with Bitcoin, but experts predict a rise to $14K, driving RCOF to new highs with AI tools.... Read more
Ripple Mints Another $10.5M RLUSD, Launch This Month?
Ripple has made notable progress in the rollout of its stablecoin, RLUSD, with a recent minting of 10.5… Read more
Bitcoin Miner MARA Acquires Another $551M BTC, Whats Next?
Bitcoin mining firm Marathon Digital Holdings (MARA) has announced a significant milestone in its BTC acquisition strate... Read more