Zero-knowledge proofs: the crypto problem-solvers! 💡 Curious how this emerging tech can fix things in the crypto space? Dive into what the ZK industry is up to right now. 🧵 👇
Given the increasing focus on ZK technology and the benefits it can bring to crypto, it’s no surprise it will be one of the hot topics of discussion during the upcoming annual Ethereum Community Conference , taking place in Paris from July 17–20.
Forest Bai, co-founder and general partner at Foresight Ventures — a Singapore-based VC firm with over $400 million in assets under management — believes the bear market presented a chance for growth, stating: “The collapse of certain crypto institutions presents opportunities for the emergence of new ones.
Although factors such as the collapse of FTX, enforcement actions by the United States Securities and Exchange Commission, and the implosion of Terra have cast a shadow on the sector, Bai remains optimistic about the industry’s recovery, stating, “We can see that crypto tech remains dynamic in regions like Hong Kong, Montenegro, Southeast Asia and South America.”The motto for the current bear market has been to “build.
According to Li, the primary focus has been to create real use cases for ZK technology. “We are concentrating on on-chain identity paired with the safety and privacy of each user’s wallets and transactions,” he said. The next stage is to apply such solutions to a multitude of use cases across over 80 ecosystem projects and allow them to adopt the technology.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The most promising reproductive and fertility tech startups, per VCsPeople are having babies later and fertility rates are down. Venture capitalists see an opportunity in these 10 reproductive tech startups.
Read more »
I Used Flipper Zero to Score Steeds in 'Tears of the Kingdom''For me, the 'Flipper Zero' has brought back an aspect of gaming that I’d thought was long lost: the art of cheat codes.'
Read more »
Axiom’s Zero-Knowledge Proofs Might One Day Help Detect DeepfakesThe startup is working to build ZK technology that can be used en masse for AI applications. The protocol, which just launched its main network, can retrieve historical Ethereum data and make intensive off-chain computations, and transport the data with zero-knowledge proofs.
Read more »
Oakland police issue zero illegal fireworks citations for 2nd year in a rowOakland police issued zero illegal fireworks citations for the second year in a row. 'I will say, this is the worst that I've seen it,' said one Oakland city councilmember. Here's a look at the aftermath.
Read more »
The inside story of how Larry Doby broke the American League’s color line 76 years ago – Terry PlutoTerry Pluto: 'Imagine being Larry Doby. You were 23. You didn’t know your teammates, they didn’t know you. While you didn’t realize it at the time, you had none of the advantages of Jackie Robinson in Brooklyn.'
Read more »
The high court’s ruling that race can no longer be used in college admissions has zero to do with justice, or equity: Eric FosterThe 'Winning Team' has changed the rules again. And it did so because it believes that the teams are equal. My question for the U.S. Supreme Court (and readers) is a simple one: How will the 'Other Team' ever come back? asks Eric Foster in his column today.
Read more »