Horizen Labs announces zkVerif, a modular blockchain for ZK Proof verification
According to news on May 23, Horizen Labs launched zkVerify, a dedicated zero-knowledge proof verification network designed for settlement optimization. Horizen Labs estimates that proof verification costs for zk-rollups on Ethereum will reach $47 million in 2023. zkVerify eliminates the cost and complexity of computationally intensive proof verification for developers building with zk-rollups for decentralized applications. Program scalability and adoption present key unlocking options.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A Whale Closes Short Position During Bitcoin Surge, Losing Over $1.6 Million
In the Next 12-18 Months, the 10-Year U.S. Treasury Yield May Reach 6%
A Whale Withdraws $4.35 Million Worth of PEPE from CEX
Trending news
MoreCrypto prices
More
