RISC Zero, a cryptocurrency venture that focuses on creating a scalable and user-friendly blockchain with zero-knowledge proofs, has announced a partnership with Worldcoin, an open-source and decentralized protocol that aims to provide access to the global economy for everyone. RISC Zero shared the news of the collaboration on its official X account.
RISC Zero Joins Forces with Worldcoin to Enhance User Experience
In a recent announcement, RISC Zero revealed its new initiative to help Worldcoin free up blockspace by utilizing proof aggregation. RISC Zero’s Universal Verifier and Steel projects enable the platform to unlock limitless compute power that can be verified. This empowers the Superchain ecosystem. The platform expressed confidence in this exciting endeavor.
Additionally, RISC Zero provided more details about the functionality of Steel in a separate blog post. Steel represents a significant shift in the interaction between developers and EVM-based chains. By utilizing zero-knowledge proofs and the RISC Zero zkVM, Steel allows developers to perform view calls and provably compute and read over Ethereum in a secure, scalable, and cost-effective manner.
This project bridges the gap between zero-knowledge technology and app development on Ethereum, making it easier for builders to leverage the capabilities of ZK for smart contracts. Steel, combined with the abilities of the RISC Zero zkVM, enables builders to create more efficient, scalable, and secure apps on Ethereum layer 1 or other EVM-equivalent chains.
The Partnership Benefits Developers and Users Alike
RISC Zero’s Universal Verifier will be available on various chains, making it affordable and convenient to post proofs on-chain. It also allows developers and blockchains to leverage off-chain computing and verifiable execution without limitations. Developers can use Rust projects in RISC Zero’s zkVM to seamlessly develop proofs and validate them on-chain. They can also access Rust crates for tasks such as parsing HTML, verifying JWTs, and developing games through game engines. On the other hand, consumers can enjoy decentralized applications on-chain that resemble Web2 apps but with the added benefit of off-chain execution. Additionally, dApps do not require performance tradeoffs, resulting in an improved overall user experience.
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