A ZK-Native Blockchain Protocol Capable of Serving Millions of Concurrent Users – Crypto News BTC

QED, the world’s first ZK 2.0 blockchain protocol, was lately launched by Open Asset Requirements. Adopting blockchain applied sciences in Web2 use circumstances like social networks, conventional finance, and gaming has beforehand been hindered by TPS restrictions. In distinction to current zero-knowledge blockchain protocols, QED has a novel state mannequin that’s horizontally scalable.

QED verifies all transactions end-to-end through proof recursion (verifying a zero-knowledge proof in a zero-knowledge proof), permitting it to scale with out sacrificing safety or decentralization. This scaling is made potential by enhancements in quick recursive zero-knowledge proofs. The results of this decentralized recursive proving course of is a single block proof that an Ethereum sensible contract can confirm. In consequence, the protocol will not be depending on an incentive-based consensus system that’s prone to collusion, hacking, and misaligned incentives however solely on the Proof of Math itself.

QED eliminates the requirement for a zk-VM by compiling sensible contract performance straight to zero data circuits. This makes it the primary zk-Native blockchain and the primary to serve billions of customers in a single block. A brand new privacy-centric web the place transactions are non-public by default and delicate information by no means has to depart a consumer’s system is made potential by QED’s revolutionary ZKP strategy, enabling customers to show their transactions on their very own system in milliseconds.

Open Asset Requirements introduced QED’s official Dapen Good Contract IDE together with the QED Protocol announcement. With Dapen, Web2 builders can create zk Good Contracts on this planet’s two most generally used programming languages, JavaScript and Python, which have a developer market share that’s 357 occasions greater than Solidity’s tiny 0.1% developer inhabitants.

Dapen has included help for Markdown sensible contracts, permitting even non-technical individuals to assemble sensible contracts in English leveraging their integration with a number of giant language AI fashions (LLMs), like ChatGPT, making blockchain accessible to extra builders than ever earlier than.

With the assistance of Animoca Manufacturers’ fund Sparkle Ventures, whose Basic Companions embody Yat Siu, co-founder of Animoca Manufacturers, and Sebastien Borget, co-founder of Sandbox, QED is poised to achieve vital traction within the gaming business, which might already accommodate tens of millions of concurrent gamers. For the primary time, large-scale gaming is ready to join with blockchain applied sciences like dynamic NFTs as a result of to QED’s horizontal scaling technique, which makes it potential to extend transaction processing capability by merely including extra proving nodes to the community.

The QED core staff is made up of a various staff from each Web2 tech giants and Web3 titans, like Binance, reflecting the protocol’s ambition to hyperlink Web2 and Web3. It’s led by founder and CEO Carter Feldman, a former baby hacking prodigy and reverse engineer.