Dwell from TOKEN2049: Telos publicizes Ethereum Layer 2 partnership with Ponos Expertise

• Telos has revealed the main points of a brand new partnership with Ponos Expertise to develop a hardware-accelerated Ethereum L2 zkEVM community
• Plans for the brand new community have been formally unveiled dwell right now at TOKEN2049 in Dubai, the place Telos is a title sponsor
• TOKEN2049 is without doubt one of the world’s high crypto occasions, bringing collectively 10,000 attendees from greater than 4,000 firms and 100 international locations to discover the way forward for crypto

The Telos Basis has revealed the main points of a brand new partnership with Ponos Expertise, the main Zero Information Proof (ZKP) analysis and growth agency, which is able to see the 2 firms work collectively develop an end-to-end optimized, hardware-accelerated Ethereum Layer 2 community that includes SNARKtor, the Telos-developed decentralized recursive proof aggregator.

The brand new partnership was introduced right now at TOKEN2049 in Dubai, one of many world’s premier crypto conferences.

Groups from Telos and Ponos Expertise will take a hardware-software co-design method that can assist unlock new prospects by way of huge scalability, larger knowledge safety and trustless interoperability for Ethereum customers globally.

Ponos Expertise gives end-to-end optimized options for ZK proving, which is basically achieved by leveraging FPGA acceleration, thus maximizing enterprise worth streams by cost-performance optimized computation by matching hardware-software co-designed modules and devoted execution environments. The workforce features a distinctive mix of skilled scientists and extremely expert trade consultants which have accrued deep technical data on all facets of ZKPs.

Slobodan Lukovic, CEO and co-founder, Ponos Expertise, mentioned:

“Zero Information know-how goes to develop into more and more mainstream and might open the door to elevated effectivity and safety throughout so many industries.

“Equally to AI, regular enhancements in algorithms coupled with developments in underlying {hardware} infrastructures will allow commoditization of ZKPs and end result within the know-how being extensively adopted within the close to future.”

Telos may even be working with a number of different new companions throughout the growth cycle, together with:

• Digital M.O.B. – One of many strongest Ethereum developer groups on this planet, having labored on initiatives together with MetaMask, MakerDAO and Gnosis, amongst others. 
• ATKA – A Paris-based end-to-end web3 incubator who helped incubate world class initiatives resembling Morpho and Mangrove, and whom Telos introduced a strategic partnership with in March 2024. 
• Cometh – An award-winning dev workforce led by ETH France President Jerome de Tychey, who joined Telos as a technical EVM advisor additionally in March 2024.

Telos Govt Director John Lilic, who helped lead pioneering groups at ConsenSys and Polygon along with being a High 50 Web3 angel investor, will assist coordinate and assist the transformation. He’ll work intently with Alberto Garoffolo, Head of ZK know-how at Telos and co-author of the SNARKtor whitepaper, and Jesse Schulman, CTO and Head of Engineering at Telos. 

Saying the brand new partnership, John Lilic mentioned:

“Basically, Ethereum might want to take a hardware-software co-design method as a way to understand zkEVM efficiency at large scale.

“That’s the method we’re taking with Ponos Expertise and our rising accomplice community as we construct a hardware-accelerated zkEVM L2. We consider that this system, alongside the thrilling work our workforce is doing with recursive proofs through SNARKtor, goes to supply compelling companies to the Ethereum neighborhood and past.”

Telos was created in 2018 by a “honest drop” community launch that didn’t embody an ICO nor token sale. Over the previous six years, the Telos Basis has helped steward the event of two main networks – Telos EVM and Telos Zero – and can now additionally deal with constructing a  extremely performant and succinctly provable L2 zkEVM.

Following TOKEN2049, extra particulars on the Telos L2 are anticipated to be introduced within the lead as much as EthCC in July, for which Telos is a main sponsor. Dwell in Brussels from EthCC, the Telos workforce plans to broadcast its first-ever demo of SNARKtor to the world as a precursor to the official launch of the Telos L2.