Telos companions with Ponos Expertise to develop hardware-accelerated Ethereum L2 zkEVM community

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Dubai, United Arab Emirates, April 19, 2024, Chainwire

The Telos Basis in the present day introduced that it’s collaborating with Ponos Expertise, a number one Zero Data Proof (ZKP) analysis and growth firm, to create an end-to-end optimized, hardware-accelerated introduced that it’ll develop a layer 2 community for Recursive proof aggregator. The group will take a {hardware} and software program co-design strategy that can assist unlock new prospects by way of large scalability, higher information safety, and trustless interoperability for Ethereum customers all over the world. .

Ponos Expertise gives an end-to-end optimized answer for ZK proofs. That is primarily achieved by leveraging FPGA acceleration, permitting {hardware} and software program to match co-designed modules and devoted execution environments to drive enterprise worth by cost-performance-optimized computation. maximize. The group contains a novel mix of skilled scientists and extremely expert business consultants who’ve gathered deep technical information in all features of ZKP.

“Zero-knowledge expertise will turn into more and more mainstream and may open the door to elevated effectivity and safety in so many industries,” stated Slobodan Luković, CEO and co-founder of Ponos Expertise. I’m. “Just like AI, regular enhancements in algorithms and advances within the underlying {hardware} infrastructure will allow the commoditization of ZKP and result in widespread adoption of this expertise within the close to future.”

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Telos will even collaborate with a number of different new companions throughout the growth cycle, together with:

  • Digital MOB – One of many strongest groups of Ethereum builders on this planet, who’ve labored on tasks reminiscent of MetaMask, MakerDAO, and Gnosis, amongst others.
  • ATKA – an end-to-end Web3 incubator primarily based in Paris that helps incubate world-class tasks reminiscent of Morpho and Mangrove, Telos introduced a strategic partnership in March 2024.
  • Cometh – Award-winning growth group. A growth group led by ETH France President Jerome de Tychey. He additionally joined Telos as a Technical EVM Advisor in March 2024.

Along with sustaining his position as a high 50 Web3 angel investor, Telos Government Director John Lilic will assist lead the pioneering groups at Consensys and Polygon, serving to orchestrate and help their transformation. Masu. He’ll work intently with Alberto Garoffolo, his ZK head of expertise at Telos and co-author of the SNARKtor white paper, and Jesse Schulman, his CTO and head of engineering at Telos.

“Primarily, Ethereum must take a {hardware} and software program co-design strategy to attain zkEVM efficiency at unbelievable scale,” Lyric stated. “That is the strategy we’re taking with Ponos Expertise and our rising community of companions as we construct the hardware-accelerated zkEVM L2. In parallel with the thrilling work we’re doing with recursive proofs, we imagine we’ll present a compelling service to the Ethereum group and past.”

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Telos was based in 2018 by the launch of the Fairdrop community, which didn’t contain an ICO or token sale. Over the previous six years, the Telos Basis has helped handle the event of her two principal networks, Telos EVM and Telos Zero, and can now concentrate on constructing a high-performance, simply provable L2 zkEVM. I’ll proceed to take action.

Additional particulars about Telos L2 will proceed to be introduced main as much as July's EthCC, the place Telos is a significant sponsor. The Telos group can be stay in Brussels from his EthCC and broadcast the primary demo of SNARKtor to the world as a precursor to the official launch of Telos L2.

About Telos

Telos is a decentralized blockchain ecosystem that features Telos EVM, examined because the world's quickest Ethereum digital machine, and its high-speed consensus layer, Telos Zero. The mission additionally focuses on extending capabilities with new zero-knowledge applied sciences by the event of a hardware-accelerated Ethereum Layer 2 community powered by SNARKtor to reinforce privateness and scalability for international use instances. It’s anticipated that. Telos is overseen by the Telos Basis, an ownerless basis devoted to the development of the Telos blockchain community and its group.

contacttelos basis[email protected]

This text was initially printed on Chainwire

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