zkVerify announces integration with ApeChain to improve gaming performance and reduce costs

[PRESS RELEASE – New York, NY, June 28th, 2024]

ApeChain constructed on behalf of ApeCoin DAO will now be capable of help environment friendly, low-cost zero-knowledge proof verification

zk verificationa modular protocol optimized for zero-knowledge proof verification, consisting of Horizon Labs, has been efficiently built-in into ApeChain’s Jenkins check community, the extremely anticipated Arbitrum Orbit Chain. This integration is meant to considerably increase the varieties of Web3 video games that may be launched effectively and cost-effectively on ApeChain. Builders constructing on ApeChain and optimized as a gaming-first platform will be capable of leverage zkVerify’s zero-knowledge proof verification know-how to optimize transaction processing and scale back proof verification prices by over 90% – doubtlessly saving tens of millions for tasks constructed on ApeChain Annual charge in USD. This effectivity achieve will allow builders to leverage zkVerify to create extra advanced gaming experiences, corresponding to card video games, fog of battle video games, and prediction market-based video games. ApeChain was first introduced in February 2024 by the ApeCoin DAO, the decentralized autonomous group behind ApeCoin (APE).

Improve Web3 video games with zkVerify on ApeChain

Whereas zero-knowledge proofs provide important advantages for privateness, scalability, and safety in blockchain functions, they’re expensive and computationally intensive. This can be a important barrier to widespread adoption of Web3 video games and dApps, which require quick, frequent transactions to supply a easy person expertise. zkVerify addresses these points head-on by offloading the proof verification course of from the principle chain. By doing so, it considerably reduces the computational burden on the blockchain, enabling quicker and more cost effective transactions.

Rob Viglione, co-founder and CEO of Horizen Labs, stated: “We’re proud to leverage zkVerify’s know-how to reinforce ApeChain. By considerably decreasing the price of proof verification and supporting advanced transaction-intensive video games by way of zkVerify, we’re making ApeChain a Web3 The premier vacation spot for gaming. This integration marks a serious step ahead in offering environment friendly and scalable blockchain options for builders and customers.

By means of the combination, builders can now create modern ZK-based video games that leverage numerous varieties of proof-of-proofs, together with video games which have historically been troublesome to confirm on Ethereum. This development streamlines the event course of for ZK tasks, making it extra accessible to a wider vary of builders. Moreover, the implementation of zkVerify as a Substrate pallet permits for a excessive diploma of customization, guaranteeing optimum efficiency and safety for tasks constructed on ApeChain.

About zkVerify

zkVerify is a modular blockchain devoted to effectively verifying zk proofs throughout stacks of various blockchains. It allows any developer of Layer 2 tasks and dApps leveraging zero-knowledge to scale rapidly and cost-effectively by dramatically decreasing proof verification prices with out impacting community efficiency.

zkVerify is designed to combine seamlessly with present blockchain networks, minimizing technical overhead and offering a developer-friendly surroundings. By simplifying the zk proof verification course of and decreasing related prices, zkVerify enhances the efficiency of present blockchain networks and unlocks new capabilities throughout the broader Web3 ecosystem.

For extra info, customers can go to https://zkverify.io

About Horizon Labs

Based in 2019, Horizon Labs It’s a main blockchain know-how firm specializing in zero-knowledge cryptography. Dedicated to scaling the decentralized net, Horizen Labs is taking blockchain know-how to unprecedented ranges of effectivity. By specializing in growing the following technology of modular structure, Horizen Labs is setting new requirements in efficiency, safety and cost-effectiveness. Horizen Labs is trusted by trade giants corresponding to Yuga Labs, Animoca Manufacturers, and Offchain Labs. As well as, additionally it is the event firm employed by Ape DAO and Horizen DAO to develop main tasks corresponding to ApeChain and Horizen. Horizen Labs is a globally distributed staff with places of work in Milan and New York.

For extra info, customers can go to https://horizenlabs.io.