Zero-knowledge proofs experts predict continued growth and adoption of the technology ZKPs in 2025. They highlight improvements in proving performance and developer tools among changes that will make the technology more practical for privacy and scalability. Zero-Knowledge Proofs Poised to Revolutionize Finance and Other Sectors While the concept of zero-knowledge proofs (ZKPs) emerged in the […]
Remembering Hal Finney’s Vision: The 20th Anniversary of Reusable Proofs of Work
This week marks the 20th anniversary of Hal Finney’s introduction of Reusable Proofs of Work (RPOW), a groundbreaking concept that paved the way for today’s digital currencies. Finney’s visionary work continues to echo throughout the cryptocurrency community, underscoring his deep insight into the development of digital cash systems. From RPOW to Bitcoin Hal Finney was […]
Early Crypto Adopter: Unmatched Privacy of ZK Proofs Outweighs the Technology’s Perceived Disadvantages
Although zero-knowledge (ZK) proofs are often considered complex to set up, Iva Wisher, co-founder of the Layer two platform Prom, argues that the technology’s unparalleled privacy, faster transaction finality, and overall efficiency outweigh any developmental complexity. Wisher, an early adopter of cryptocurrency, acknowledges that the industry is currently working to address usability concerns associated with […]
Aligned Layer Secures $2.6M in Funding to Become a Faster and Cheaper Settlement Layer for Validity Proofs on Top of EigenLayer
PRESS RELEASE. April 15th, 2024 –– Aligned Layer has successfully raised $ 2.6 million in a funding round led by Lemniscap, a VC firm specializing in emerging crypto assets and early-stage blockchain startups. The round also won investment from Paper Ventures, Bankless Ventures and industry angels. The raise marks a significant milestone in Aligned …
Succinct Labs Raises $55M to Propel Zero-Knowledge Proofs Into Mainstream Development
On Thursday, Succinct Labs, a startup dedicated to democratizing zero-knowledge proofs, unveiled that it had secured $ 55 million in funding through both seed and Series A rounds. Paradigm took the lead in this financial boost, with additional support from entities like Robot Ventures, Bankless Ventures, Geometry, and ZK Validator, among others. Succinct Labs …