The launch of zkVerify comes at a critical time when blockchain networks are increasingly seeking efficient and scalable solutions to meet the demands of high transaction volumes and complex operations.
In recent years, web3 developers have embraced modular solutions to optimize the core functions of blockchain protocols — execution, consensus, data availability, and settlement— as individual functions. Modular architectures propose a more efficient alternative to monolithic chains, which combine these features into one protocol.
Horizen Labs estimates $47 million was spent on proof verification in 2023 for zk-rollups on Ethereum alone, and industry studies anticipate zk proof generation will become a. zkVerify removes the cost and complexity of computationally intensive proof verification for developers building with zk-rollups, proposing a critical unlock for the scalability and adoption of decentralized applications.
"The zkVerify platform is not just about reducing costs—it's about enabling innovation and scalability in a way that wasn't possible before," said Rob Viglione, Co-founder and CEO of Horizen Labs,"by offloading proof verification, we allow developers to optimize settlement through a modular approach, unlocking more resources and value for both developers and users.
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