Trending now

Building for Tomorrow: Anand Lalaji Calls for…

Switching from Peachtree to QuickBooks can simplify…

QuickBooks Passwords and Password Recovery: Ensuring Account…

ImFact Declares Connection of 6.8 Billion Devices…

More Than Movement: Rachelle Clingo Walker Smithfield…

Deipno® Tea and Spice Blends Expands Spice…

Drug-Free Tennessee Helps Youth in Ripley Tackle…

THAIFEX – ANUGA ASIA 2025 Opens with…

BLOOD and GOLD: A Wake-Up Call Wrapped…

Tearline’s ChatPilot Surpasses 2.5M Interactions — The…

Mrjung.net

  • Ethereum
    • Ethereum

      The Anatomy of Anonymity: How Dandelion Could Make…

      September 13, 2018

      Ethereum

      A Newly Launched Stablecoin You’ve Never Heard of…

      September 13, 2018

      Ethereum

      Bitstamp: An Overview of the Industry’s Oldest Active…

      September 13, 2018

      Ethereum

      Bitcoin Price Analysis: Strong Rally Tests Trend-Changing Behavior

      September 13, 2018

      Ethereum

      Bitcoin as a Privacycoin: This Tech is Making…

      September 13, 2018

  • Bitcoin
    • Bitcoin

      Abra CEO Believes Bitcoin ETF Eminent, SEC Just…

      September 13, 2018

      Bitcoin

      Mt. Gox Opens Rehabilitation Filing System to Corporate…

      September 13, 2018

      Bitcoin

      World Economic Forum and the Chinese Cryptocurrency Space

      September 13, 2018

      Bitcoin

      Federal Judge Applies Long Established Securities Law to…

      September 13, 2018

      Bitcoin

      Biking Across America, Crypto Cyclists Look to Raise…

      September 13, 2018

  • Markets
    • Markets

      OKEx Founder Released After Questioning in Connection With…

      September 13, 2018

      Markets

      Two-for-One: SEC Slaps Crypto Hedge Fund, Broker With…

      September 13, 2018

      Markets

      Ripple and R3 Reach Settlement in Year-Long Court…

      September 13, 2018

      Markets

      DevCon 4 Will Set the Stage for Ethereum’s…

      September 13, 2018

      Markets

      Stellar-Based Lightyear Acquires Chain, Forms New Entity

      September 13, 2018

  • Guides
    • Guides

      Bitcoin Magazine’s Week in Review: Lightning, Launches and…

      September 13, 2018

      Guides

      Equity Trust Builds New Frontier of Crypto-Based Retirement…

      September 13, 2018

      Guides

      Crypto, Blockchain Companies Shine in LinkedIn’s Top 50…

      September 13, 2018

      Guides

      Distributed Dialogues: Governance and Decentralized Platforms

      September 13, 2018

      Guides

      Battle of the Privacycoins: Why Dash Is Not…

      September 13, 2018

  • Analytic
    • Analytic

      Bitcoin crash: This man lost his savings when…

      September 13, 2018

      Analytic

      Bitcoin crash: This man lost his savings when…

      September 13, 2018

      Analytic

      Lightning Ramp and Casa Join Hands to Develop…

      September 13, 2018

      Analytic

      You Can Now Pay With Bitcoin Via Lightning…

      September 13, 2018

      Analytic

      Abra Supports SEPA Bank Transfers, Enabling Crypto Purchases…

      September 13, 2018

  • Exchange
    • Exchange

      IBM Introduces ‘World Wire’ Payment System on Stellar…

      September 13, 2018

      Exchange

      Lightning Is Made at the #LightningHackday Series in…

      September 13, 2018

      Exchange

      Pellentesque mattis ex eget malesuada consequat. Sed blandit…

      September 13, 2018

      Exchange

      Goldman Sachs Puts Plans for a Crypto Trading…

      September 13, 2018

      Exchange

      Pellentesque mattis ex eget malesuada consequat. Sed blandit…

      September 13, 2018

  • Contact
Mrjung.net
News

Gevulot Sets Firestarter Mainnet Launch on July 15, Explains ZK Endgame Approach

by Binary News NetworkMay 22, 20240221

Helsinki, Finland, 22nd May 2024, ZEX PR WIRE, Gevulot, a purpose-built L1, is launching the first shared prover layer optimized exclusively for zero-knowledge (ZK) proof generation and verification, starting with its mainnet prover network, Firestarter, going live on July 15. Whitelisted projects will receive public good access to the mainnet. Gevulot also provides an in-depth explanation of ZK Endgame and its approach to ZK, to ultimately bring the compute and cost overhead of verifiability to near zero.

The Gevulot Devnet is currently a free public good testnet for registered users and Galxe community participation is encouraged. Interested developers can start offloading provable compute or start benchmarking proof systems to enjoy production-ready proof generation to offset their existing overhead costs. As Gevulot scales, organizations interested in running prover nodes can apply here for the ZkCloud compute network, which currently has a pipeline of over 10,000 CPUs and GPUs which meet institutional requirements. 

Gevulot’s Approach to ZK Endgame

The Gevulot team believes zero-knowledge proving will characterize distributed systems in the near future. Zero-knowledge proofs enhance a blockchain network’s scalability, compatibility with other networks and applications, and privacy. Their purpose is validating computations and improving transaction integrity without revealing additional information.

A growing niche in the industry, including Gevulot, believes today’s infrastructure is not ready to embrace ZK proving yet. On the contrary, most applications rely on permissioned proving from a single prover, drifting away from the fundamental definition of a decentralized ecosystem, which should embody credible neutrality and censorship resistance.

Gevulot aims to solve the issues of present-day proving infrastructures and accelerate zero-knowledge proving adoption by building the ZkCloud, a decentralized compute network optimized for offloading arbitrary provable compute. This solution is slated to help unlock the near limitless compute capacity on blockchains via decentralized zero-knowledge proofs, which would represent the apex of distributed systems evolution. In other words, it would be the zero-knowledge endgame and, as the team puts it on their blog, “nothing short of all the world’s compute being verifiable or as close to that as is allowed by physics.”

Zero-knowledge proving is rapidly evolving, drastically reducing the cost of verifying the accuracy of a third party’s computation. This solves the “cost of verifiability” dilemma, which has bothered industry experts since the dawn of distributed systems technology. It also means we can rely on the performance and redundancy characteristics of trusted computation without requiring trust.

The ZK Endgame aims for the compute and cost overhead of verifiability to approach zero. In other words, to reach its goal, zero-knowledge proving must also bring the required compute time to zero, and not only its financial costs.

Reaching absolute zero costs of verifiability is most likely unachievable. However, getting as close as possible to zero for verifiability and compute time may be possible by getting ZK proving on a trend line that involves several new breakthroughs in cryptography, hardware, and other essential metrics, such as bandwidth and/or electricity costs.

Gevulot is building ZkCloud to take zero-knowledge, proving on a trend line to the ZK Endgame while pushing technological frontiers. The project considers itself a contributor to reaching the pinnacle of zero-knowledge proving in distributed systems. As Teemu Päivinen, CEO and Co-founder of Gevulot, describes it:

“In our vision, we are the compute portion of this future cloud and world computer. We believe other teams will provide the data storage and other aspects of this cloud. I don’t think it’s going to be a single monolithic service. The only realistic chance of getting there is to utilize zero-knowledge proofs. Our short-term goal, which we’re very much executing on currently and very excited about, is just lowering the cost considerably and then letting the cryptographers work their magic to make things faster.”

ZkCloud is redefining cloud infrastructure with a product that is decentralized, censorship-resistant, and permissionless while providing universal access for proving.

About Gevulot

Gevulot offers the first shared prover layer for the modular stack, with internet-scale ZkCloud compute optimized for zero-knowledge proofs. It is designed to aggregate proving workloads from across the blockchain industry, improving economics for all participants and unlocking unprecedented use cases. Behind Gevulot is a veteran team of builders led by the founder of Equilibrium Labs, a group renowned for their protocol level R&D on projects such as Starknet, Solana, Aleo, Avail, and other significant industry projects.

Gevulot’s mainnet prover network, Firestarter, will launch as a public good on July 15. The project has a growing list of prestigious partners, including Espresso, Gelato, Radius, Hylé, 0G labs, AltLayer, ZKM, Snapchain, Horizen Labs, Karnot, Airchains, Zeeve, and over 50 more to be announced. Their mission is to contribute to the ZK Endgame. Interested teams can contact Gevulot now for a potential grant.

Moreover, Gevulot enjoys the support of recognized VC backers with the project raising $6 million in a seed round in mid 2023. They include lead investor Variant and other industry-leading brands, such as Supranational, P2P.org, Staking Facilities, RockawayX Infrastructure, Marc Boiron (Polygon Labs), Shumo Chu (founder of Manta Network & NEBRA), Calvin Liu (CSO of Eigenlayer), George Lamberth (EIR dao5), and Mo Dong (founder of Celer & Brevis Network). Additional funding is still to be announced.

Other important milestones in Gevulot’s roadmap include the release of an incentivized compute network in Q3 of 2024 and the ZkCloud mainnet launch, which should occur by 2025’s first financial quarter.

You can follow the project’s development and stay up to date at these links: Website | X (Twitter) | Telegram | GitHub | LinkedIn | Docs | Galxe Campaign | Discord

The Post Gevulot Sets Firestarter Mainnet Launch on July 15, Explains ZK Endgame Approach first appeared on ZEX PR Wire



Information contained on this page is provided by an independent third-party content provider. Binary News Network and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]

Share0
previous post
Myco Secures 2-Year Deal For 6 ICC Tournaments In Pakistan, Teams Up With Willow TV In North America
next post
Salus Saunas: Redefining Wellness with Innovation, Endorsement, and Excellence
Binary News Network

Related posts

Tangy Makes the Right Impression at the 4th China Design Exhibition with Its Natural Gambiered Guangdong Silk Clothes

Binary News NetworkMay 3, 2023

Nile Navigators: Diverse Egypt Tours Designed by Experts for a Unique Experience

Binary News NetworkJanuary 4, 2025

NETVISOR: Revolutionizing Global Industries with Pioneering IT Solutions

Binary News NetworkMarch 21, 2024

Recent Posts

  • Building for Tomorrow: Anand Lalaji Calls for Leadership That Lasts
  • Switching from Peachtree to QuickBooks can simplify accounting, increase accessibility, and support future growth
  • QuickBooks Passwords and Password Recovery: Ensuring Account Security and Access
  • ImFact Declares Connection of 6.8 Billion Devices via On-Device and Personal Blockchain
  • More Than Movement: Rachelle Clingo Walker Smithfield Shares Her Insights on How to Tell a Story Through Dance

Popular posts

The Almas Brand New Single “BURN OUT” Is...

Binary News NetworkApril 21, 2023
April 21, 2023

The Project Giving Away $50k and a Lamborghini...

Binary News NetworkOctober 6, 2021
October 6, 2021

Super Rolex LLC Brings the Best Rolex Replicas

Binary News NetworkJune 29, 2023
June 29, 2023

Nova Fish Pack Co. Ltd. Introduces High-Quality Packaging...

Binary News NetworkJanuary 20, 2023
January 20, 2023

Business Partners Club was founded by No Waste...

Binary News NetworkFebruary 6, 2023
February 6, 2023

From Zero to Passive Income Hero – The...

Binary News NetworkJanuary 23, 2025
January 23, 2025
@2022 - mrjung.net. Manage by Binary News Network
Mrjung.net
FacebookTwitterInstagramGoogleYoutube
  • Ethereum
  • Bitcoin
  • Markets
  • Guides
  • Analytic
  • Exchange
  • Contact