Muhammad Aleem
@bholaaleem
ZEROBASE 👀
ZEROBASE, the real-time ZK prover network rolled out by Salus, raised $5M to create a privacy-preserving compute network tailored for ZK use cases and backed by prominent investors like Binance Labs, Lightspeed Faction, Dao5, Matrix Partners , IDG, Symbolic Capital and many others
It is projected that Web3 services will require nearly 90 billion ZK proofs to be executed by 2030, with a market-wide capacity of 83,000 transactions per second, according to Crypto,com.
For comparison, the Visa network processes up to 65,000 transactions per second. Additionally, the market for generating ZK proofs is estimated to reach $10 billion by 2030.
https://www.coindesk.com/press-release/2024/10/18/zerobase-raises-5m-to-build-privacy-preserving-prover-network/ 0 reply
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