RISC Zero, a cryptocurrency project dedicated to creating a scalable and user-friendly blockchain with zero-knowledge proofs, has announced a new partnership. The company has joined forces with Worldcoin, an open-source protocol designed to make the global economy accessible to all. RISC Zero shared the news of the collaboration on its official X account.
RISC Zero and Worldcoin Collaborate to Enhance User Experience
In a recent announcement, RISC Zero revealed its plans to assist World Chain in freeing up block space using proof aggregation. The company’s Universal Verifier and Steel projects enable it to unlock limitless, verifiable computing power, which will benefit the Superchain ecosystem. RISC Zero expressed confidence in the success of this new venture.
Additionally, RISC Zero provided more details about the functionality of Steel in a separate blog post. Steel represents a significant advancement in the interaction between developers and EVM-based chains. By utilizing zero-knowledge proofs and the RISC Zero zkVM, Steel allows developers to execute view calls, compute provably, and read over Ethereum in a secure, cost-effective, and scalable manner.
This project bridges the gap between zero-knowledge technology and app development on Ethereum, making it easier for developers to leverage ZK capabilities for smart contracts. Through the combination of Steel and the RISC Zero zkVM, developers can create more efficient, scalable, and secure applications on Ethereum layer 1 and other EVM-equivalent chains.
Benefits for Developers and Users
The Universal Verifier from RISC Zero will be available on various chains, enabling affordable and convenient posting of proofs on-chain. It also allows developers and blockchains to leverage off-chain computing and verifiable execution without limitations. Developers can utilize Rust projects in the RISC Zero zkVM to seamlessly create and validate proofs on-chain.
Furthermore, developers can use Rust crates for tasks such as HTML parsing, JWT verification, and game development through game engines. Users, on the other hand, can enjoy decentralized on-chain applications that resemble Web2 apps while taking advantage of off-chain execution benefits. This eliminates the need for performance trade-offs, ultimately enhancing the overall user experience.
Tags: WLD