Horizen Labs introduces zkVerify, A New Modular Blockchain to Reduce Proof of Costs by 91% for L2s
Horizen Labs, the development studio behind the modular Horizen Network, today launched “zkVerify” – a new modular blockchain focused on zk proof verification, specifically designed for settlement optimization. zkVerify addresses the largest expense that zkRollups and zkApps currently face. Key Takeaways: Ethereum and Bitcoin L2s struggle with high proof verification costs, especially with zk-rollup architectures,…