ZKVerify launches Mainnet to cute ZKP verification costs

Horizen Labs, a platform of zero-knowledge cryptography, rolls into the upcoming layer-1 blockchain for private data verification.

ZkVerify, a new L1 blockchain designed for Zero-Knowledge Proof (ZK-Proof) The verification, the Mainnet launch was announced on Tuesday.

“ZkVerify’s mission is to eliminate economic and technical barriers to the ZK adoption,” CEO of Horizen Labs and Zkverify Rob Viglione told cointelegraph.

“Although verification is commonly seen as the ‘cheapest’ part of the ZK value chain, it is still far and ineffective to support the real scale of the world,” Viglione said.

What is ZKP validation?

ZKP verification is a cryptographic procedure that gives one party to prove one statement to another without disclosing the underlying information or data itself. A common example is the verification of age -eligible to access a service without asking the disclosure of an entire ID or other personal details.

With a ZKP volume estimated to be around $ 100 million and 4.4 billion proofs up to 2025, the ZK market is expected to cost $ 1.5 billion by 2030, According to In the data from the leading platforms of the choir industry, aligned and reaching labs.

“Today, many chains and apps can be slow or more expensive because verifying those proofs in Ethereum or other chains can be more expensive,” Viglione said.

According to Zkverify, ZKP verification on networks such as Ethereum can cost up to $ 60 per proof during high congestion, with verification to consume up to 300,000 gas units. ZKVeify promises to enable cost reduction of at least 90% compared to verify directly to L1S.

“Strong math instead of original app or chain”

To cultivate verification costs, ZKVerify provides a dedicated layer of verification by separating proof validation from regulating L1.

“ZKVeify reviews a ZK-proof by making heavy mathematics instead of the original app or chain,” Viglione told Cointelegraph, adding:

“The original chain sends proof and inputs, it is route to the right checker, proved them, and recorded a pass or a failure. Other apps or chains after reading the result instead of re -redoing math, offloading computational burden to be able to verify, cutting time and cost.”

Decentralized ID, play, defi lending in cases of use

Among the real cases of use of ZKVerify, Viglione mentioned the Decentralized IDproven trading predictions, decentralized financial lendingGame and more.

“The easiest way to interact with ZKVerify is through our relayer interface, which is as easy as an API to use, and continues to grow in capabilities,” he said, adding that the blockchain “works quietly in the background,” so the user does not have to actively think about how it works.

Related: Vitalik Slams Chat Control of the EU: ‘We are all worthy of privacy and security’

He also featured Zkverify’s ability to prove many different types of proof with modular architecture as well as multichein optionality, enabling teams to prove once and prove to Ethereum, Base, Arbitrum, Optimism and other chains without lock-ins.

ZKVerify’s Mainnet launch came the month after the Ethereum Foundation announced plans to include it ZK Ethereum Virtual Machine (ZKEVM) directly to its L1 blockchain within a year.

The planned integration will bring significant changes to the implementation of the ZKEVM block, which allows validators to prove many proofs from different ZKVMs instead of re-executive of the block transactions.