Runtime Verification launches universal ZK rollup PI Squared on MultiversX

1 year ago

Runtime Verification, an Illinois-based information audit firm, unveiled a cosmopolitan zero-knowledge (ZK) rollup ‘PI Squared’ during the 3rd time of the xDay league organized by MultiversX. PI Squared leverages the MultiversX blockchain arsenic its statement layer.

PI Squared is designed to revolutionize however computational claims are verified by shifting the absorption from accepted methods to mathematical proofs. This volition beryllium facilitated done a cosmopolitan impervious checker, implemented arsenic a customized parallel ZK circuit, according to a property merchandise shared with CryptoSlate.

A ZK rollup is simply a blockchain scaling solution that bundles and verifies aggregate transactions off-chain utilizing cryptographic proofs to amended ratio and trim costs connected the main blockchain.

Runtime Verification is known for applying NASA-developed ceremonial verification methods to heighten the information and reliability of computing systems. Runtime Verification is present bringing its expertise to the blockchain space, wherever the complexity of astute declaration composability and blockchain architecture necessitates rigorous information measures.

With the accelerated enlargement of the blockchain space, determination has been a corresponding summation successful hacking incidents and astute declaration exploits. This has underscored the request for higher information standards. Runtime Verification’s ZK rollup-based solution aims to code these issues, arsenic it goes beyond simply enhancing the scalability of Layer 1 networks.

According to Runtime Verification, PI Squared is simply a programming connection and virtual instrumentality (VM) agnostic. This makes it accessible to developers, users, and enterprises utilizing the MultiversX blockchain successful their workflows. PI Squared volition alteration them to effortlessly, trustlessly, and programmatically verify the correctness of proofs, claiming to supply a much unafraid and reliable blockchain ecosystem.

By providing a improvement toolkit that tin observe subtle bugs and logic flaws from the plan phase, MultiversX aims to go an appealing level for businesses looking to guarantee the integrity of their blockchain-based projects.

The station Runtime Verification launches cosmopolitan ZK rollup PI Squared connected MultiversX appeared archetypal connected CryptoSlate.

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