Stay from TOKEN2049: Telos proclaims Ethereum Layer 2 partnership with Ponos Know-how

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  • Telos has revealed particulars of a brand new partnership with Ponos Know-how to develop a hardware-accelerated Ethereum L2 zkEVM community.
  • Plans for the brand new community have been formally introduced dwell in the present day at TOKEN2049 in Dubai. Telos is the title sponsor.
  • TOKEN2049 is among the world's high crypto occasions, bringing collectively 10,000 attendees from 100 international locations and over 4,000 firms to discover the way forward for crypto.

The Telos Basis has revealed particulars of a brand new partnership with Ponos Know-how, a number one zero-knowledge proof (ZKP) analysis and improvement firm. The 2 firms will now work collectively to develop an end-to-end optimized, hardware-accelerated Ethereum layer. 2 community that includes his SNARKtor, a decentralized recursive proof aggregator developed by Telos.

This new partnership was introduced in the present day at TOKEN2049 in Dubai, one of many world's main crypto conferences.

Telos and Ponos Know-how groups are co-designing {hardware} and software program that may unlock new potentialities in large scalability, higher knowledge safety, and trustless interoperability for Ethereum customers around the globe. strategy.

Ponos Know-how gives an end-to-end optimized resolution for ZK proofs. That is basically 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 crew contains a novel mix of skilled scientists and extremely expert business specialists who’ve amassed deep technical data in all features of ZKP.

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Slobodan Lukovic, CEO and co-founder of Ponos Know-how, mentioned:

“Zero-knowledge applied sciences will grow to be more and more mainstream and may open the door to elevated effectivity and safety in so many industries.

“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 know-how within the close to future.”

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

  • Digital MOB – One of many strongest groups of Ethereum builders on the earth, who’ve labored on tasks akin to MetaMask, MakerDAO, and Gnosis, amongst others.
  • ATKA – a Paris-based end-to-end Web3 incubator that helps incubate world-class tasks akin to Morpho and Mangrove, with which Telos introduced a strategic partnership in March 2024.
  • Cometh – an award-winning improvement crew led by Jerome de Tychey, President of the French Federal Institute of Know-how, who additionally joined Telos in March 2024 as Technical EVM Advisor.

Along with being a Web3 High 50 Angel Investor, Telos Govt Director John Lilic will assist lead the pioneering groups at ConsenSys and Polygon, serving to orchestrate and assist their transformation. He’s his ZK Know-how Director at Telos, SNARKtor White Paperand Jesse Schulman, CTO and Head of Engineering at Telos.

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In saying the brand new partnership, John Lyric mentioned:

“Primarily, Ethereum must undertake a {hardware} and software program co-design strategy to attain zkEVM efficiency at unimaginable scale.

“That is the strategy we’re taking with Ponos Know-how 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 consider we are going to present a compelling service to the Ethereum neighborhood and past.”

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

After TOKEN2049, extra particulars about Telos L2 will likely be introduced main as much as EthCC in July, the place Telos is a significant sponsor. The Telos crew will likely be dwell 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.

(Tag to translate) Know-how