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Cryptocurrency News Articles

Ankr and Brevis Join Forces to Revolutionize Web3 with Zero-Knowledge Technology

Apr 16, 2024 at 06:58 pm

Ankr and Brevis coChain have partnered to transform Web3 with zero-knowledge technology. Brevis enables smart contracts to securely use blockchain data for innovative applications, while Ankr's RaaS platform enhances scalability and interoperability for decentralized services. Together, they aim to revolutionize the blockchain industry by addressing challenges such as functionality, security, and interoperability.

Ankr and Brevis Join Forces to Revolutionize Web3 with Zero-Knowledge Technology

Ankr and Brevis coChain Forge Partnership to Usher in Web3 Revolution with Zero-Knowledge Technology

In a groundbreaking development that promises to transform the Web3 landscape, leading blockchain infrastructure provider Ankr has joined forces with Brevis coChain, a pioneer in zero-knowledge (ZK) technology. This partnership marks a watershed moment in the industry, aiming to address fundamental challenges that have hindered the widespread adoption of Web3 networks.

Zero-Knowledge Technology: A Game-Changer for Smart Contracts

Brevis coChain brings to the table its cutting-edge ZK coprocessing technology, which empowers smart contracts to securely access and utilize historical blockchain data for computations. This breakthrough unlocks a world of possibilities for decentralized applications (DApps), enabling them to leverage the vast data available on blockchain networks for innovative use cases.

The integration of Brevis coChain's ZK technology into Ankr's platform marks a significant advancement in smart contract functionality. Developers can now create complex DApps that harness the power of ZK coprocessing, opening up new frontiers for decentralized applications.

Ankr's Role as Mainnet AVS Operator: Ensuring Scalability and Interoperability

Ankr, renowned for its expertise in providing robust infrastructure for blockchain networks, assumes the crucial role of Mainnet AVS Operator in this partnership. By leveraging Ankr's Rollups as a Service (RaaS) platform, developers can seamlessly create and deploy DApps that leverage Brevis coChain's ZK coprocessing capabilities. This ensures scalability and interoperability, enhancing the overall performance and efficiency of Web3 networks.

EigenLayer Integration: Enhancing Capabilities and Efficiency

Brevis coChain's integration with EigenLayer further strengthens its capabilities. EigenLayer's advanced technology powers the coChain AVS (Account Verification System), enabling the seamless verification of transactions through zk-rollup proofs. This not only reduces operational costs but also significantly improves processing time, creating a win-win scenario for both users and developers.

Fostering an Inclusive and Interconnected Blockchain Ecosystem

The collaboration between Ankr and Brevis coChain extends beyond technological advancements. It aims to foster a more inclusive and interconnected blockchain ecosystem. By promoting cross-chain compatibility and secure information sharing, they pave the way for the widespread adoption of decentralized finance (DeFi) and other blockchain applications.

This partnership marks a pivotal moment in the evolution of Web3 networks, addressing key challenges and unlocking new possibilities for decentralized applications. With the combined expertise of Ankr and Brevis coChain, the industry is poised for significant growth and innovation.

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