Live Markets, Charts & Financial News

Polyhedra Network launches Proof Cloud in open beta

0 7

Polyhedra Network announced the launch of the open beta version of Proof Cloud at Google ZK Summit.

Proof Cloud is designed to make ZK proofs more accessible in both Web 2 and Web 3 environments. Backed by Google Cloud, Polygon (MATIC), Linea, and Lita, Proof Cloud aims to meet the growing demand for efficient and cost-effective zero-knowledge proof technology.

ZK-proof technology allows one party to prove to another party that they know a value or statement is true without revealing any information about the value itself.

It is commonly used in blockchain and cryptocurrencies for privacy and security. The Polyhedra network connects over 25 blockchains through the zkBridge interoperability solution.

Proof Square

One of the most important features of Proof Cloud is a tool called Proof Arena that provides transparency into ZK-proof technology. This platform allows developers to run benchmarks, test performance, and compare results. Proof Arena supports a variety of ZK-proof systems, including Expander from Polyhedra, Plonky3 from Polygon, Stwo from StarkWare, and Gnark from Linea.

Eric Freeland, chief strategy officer at PolyHydra Network, emphasized the platform’s potential to reduce computational costs.

“With Proof Arena, developers will be able to maximize the performance of their zk proofers and use the proofer that best suits their needs. By using the Proof Cloud ZK-as-a-service platform, developers can take advantage of the fastest and most efficient zk proofers, reducing their computing costs by up to 90%,” said Freeland.

Sandeep Nailwal, co-founder of Polygon Labs, emphasized the importance of tools like Proof Cloud in making ZK technology more accessible and transparent. Polygon’s proof-of-concept technology will be available on Proof Cloud, helping to lower costs for developers.

“Zero-knowledge technology continues to advance at a very rapid pace. Tools like Polyhedra’s Proof Cloud are essential to lowering the barrier to entry for building with ZK and adding much-needed transparency to the space,” said Nailwal.

Leave A Reply

Your email address will not be published.