Horizen Labs announces zkVerif, a modular blockchain for ZK Proof verification
According to news on May 23, Horizen Labs launched zkVerify, a dedicated zero-knowledge proof verification network designed for settlement optimization. Horizen Labs estimates that proof verification costs for zk-rollups on Ethereum will reach $47 million in 2023. zkVerify eliminates the cost and complexity of computationally intensive proof verification for developers building with zk-rollups for decentralized applications. Program scalability and adoption present key unlocking options.
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