Pi Squared Raises $12.5 Million in Seed Funding Led by Polychain Capital to Construct a Common ZK Circuit Powered by Proof of Proof

Champaign, Illinois, United States, July 2nd, 2024, Chainwire

Pi Squared, (Proof of Proof), introduced the closure of their first capital increase. Led by Polychain Capital, the syndicate consists of ABCDE, Bloccelerate, Generative Ventures, Robotic Ventures, and Samsung (KS:) Subsequent. Angel traders embrace Shumo Chu, Harish Devarajan, Justin Drake, Sreeram Kanaan, Csongor Kiss, George Lambeth, Yilong Li, Calvin Liu, Lucian Mincu, Karthik Raju, and Widespread Prefix.

Utilizing zero-knowledge (ZK) know-how in a correct-by-construction and essentially distinctive means, Pi Squared will allow trustless distant computing, AI, and interoperable sensible contracts for any blockchain or dApp. This shall be made doable via the creation of a common and disarmingly small ZK circuit that checks the integrity of mathematical proofs, which can present verifiable-computing correctness ensures to all languages and digital machines (VMs) alike immediately from their formal semantics, with none translation to a standard language, VM, or instruction set structure (ISA).

“Our mission is to revolutionize verifiable computing, making it common for all languages and digital machines, inherently correct-by-construction, and lightning-fast,” says Grigore Roșu, CEO of Pi Squared and CS Professor at College of Illinois Urbana-Champaign. “It will have many purposes, together with a common settlement layer (USL) so all Blockchains, L1s and L2s, may be common, appropriate, inter-operable and environment friendly. It doesn’t finish there, our long-term mission is to settle all science and information on USL.”

“Pi Squared’s proof of proof know-how can have a transformative impression throughout Web3 and past,” mentioned Karthik Raju, GP at Polychain Capital. “Pi Squared’s common ZK circuit will considerably improve the attain and applicability of Web3 for everybody, from builders to finish customers.”

Pi Squared will allow the following technology of verifiable computing that’s common and scalable with an optimally minimal belief base. The primary product powered by Pi Squared is the Common Settlement Layer (USL), an structure for modular blockchains that permits the next traits:

Universality

Computations may be expressed in any high-level or digital machine language, with out the necessity for compilers or translators.

Provable correctness

Computations verified by the USL are mathematically confirmed to be appropriate, and any exterior entity can independently confirm the correctness of the state of the USL.

Belief Base Minimality

USL exposes any belief assumptions in upper-layer computations for elevated transparency, end-user consciousness, and can decrease the belief base via correctness proofs.

App Interoperability

The USL will help interoperability between completely different utility modules and networks (e.g. appchains).

Determinism and reproducibility

The validation is reproducible and independently verifiable by any exterior entity.

Pi Squared’s USL subsequently offers end-to-end correctness ensures for generic computations whereas minimizing the belief base underlying these computations. USL promotes verifiable computing as the usual distributed computing paradigm with out requiring or selling specific domain-specific languages (DSLs), VMs, or execution environments, all whereas being environment friendly and scalable.

Pi Squared shall be presenting and exhibiting at occasions round EthCC in Brussels from July eighth to eleventh. Attendees can take heed to Pi Squared’s CEO, Grigore Roșu, converse at Restaking & Infra Day on July eighth and L2con on July ninth.

About Pi Squared

Pi Squared means ZK proofs of mathematical proofs. Pi Squared makes use of ZK know-how in a correct-by-construction and essentially distinctive means. A common and disarmingly small ZK circuit offers verifiable-computing correctness ensures to all languages and VMs alike, with none translation to a standard language, VM, or ISA. Pi Squared is led by UIUC professor Grigore Rosu, founding father of the Ok framework and of Runtime Verification, and consists of researchers and founders of profitable initiatives in formal strategies, blockchain, and AI/ML.

To e book a gathering with Pi Squared’s CEO and crew, attendees can attain out to contact@pi2.community.

To study extra about Pi Squared’s imaginative and prescient and Proof of Proof, go to pi2.community and observe Pi Squared on social media.

ContactHead of AdvertisingChris HazeltonPi Squared Incmedia@pi2.community

This text was initially revealed on Chainwire