Telos Companions with Ponos Expertise to Develop {Hardware}-Accelerated Ethereum L2 zkEVM Community

Dubai, United Arab Emirates, April nineteenth, 2024, Chainwire

The Telos Basis immediately introduced that it’ll work with Ponos Expertise, the main Zero Information Proof (ZKP) analysis and growth agency, to develop an end-to-end optimized, hardware-accelerated Layer 2 community that includes SNARKtor, the Telos-developed decentralized recursive proof aggregator. The groups will take a hardware-software co-design strategy that can assist unlock new potentialities by way of huge scalability, larger knowledge safety and trustless interoperability for Ethereum customers globally.

Ponos Expertise offers end-to-end optimized options for ZK proving, which is basically achieved by leveraging FPGA acceleration, thus maximizing enterprise worth streams by way of 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 business specialists which have gathered deep technical data on all elements of ZKPs.

“Zero Information know-how goes to grow to be more and more mainstream and may open the door to elevated effectivity and safety throughout so many industries,” stated Slobodan Lukovic, CEO and co-founder, Ponos Expertise. “Equally to AI, regular enhancements in algorithms coupled with developments in underlying {hardware} infrastructures will allow commoditization of ZKPs and outcome within the know-how being broadly adopted within the close to future.”

Telos may also 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 the planet, having labored on tasks together with MetaMask, MakerDAO and Gnosis, amongst others.
• ATKA – A Paris-based end-to-end Web3 incubator that has helped incubate world class tasks reminiscent of 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 sustaining his position as a Prime 50 Web3 angel investor, will assist coordinate and help the transformation. He’ll work carefully 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.

“Essentially, Ethereum might want to take a hardware-software co-design strategy to be able to understand zkEVM efficiency at super scale,” stated Lilic. “That’s the strategy we’re taking with Ponos Expertise and our rising accomplice community as we construct a hardware-accelerated zkEVM L2. We imagine that this system, alongside the thrilling work our workforce is doing with recursive proofs by way of SNARKtor, goes to supply compelling providers to the Ethereum neighborhood and past.”

Telos was created in 2018 by way of a good drop community launch that didn’t embrace an ICO nor token sale. Over the previous six years, the Telos Basis has helped steward the event of two major networks – Telos EVM and Telos Zero – and can now additionally concentrate on constructing a extremely performant and succinctly provable L2 zkEVM.

Extra particulars on the Telos L2 will proceed to be introduced within the lead as much as EthCC in July, for which Telos is a major sponsor. Reside 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.

About Telos

Telos is a decentralized blockchain ecosystem that features Telos EVM, which examined because the quickest Ethereum Digital Machine globally, and its high-speed consensus layer, Telos Zero. The venture can also be centered on increasing its capabilities with novel Zero Information know-how by way of the event of a hardware-accelerated Ethereum Layer 2 community powered by SNARKtor, which guarantees to boost privateness and scalability for international use circumstances. Telos is overseen by The Telos Basis, an ownerless basis devoted to advancing the Telos blockchain community and its neighborhood.

ContactThe Telos Basispress@telos.internet

This text was initially printed on Chainwire