Sunday, November 24

Horizen Labs, a company specializing in zero-knowledge cryptography, made an extensive partnership with Gateway.fm, a distributed blockchain infrastructure company, per the latest information shared with Finbold.

The primary goal of the partnership is to combine the expertise of both companies and work to innovate solutions that streamline zk-rollup deployment and help lead to better performance for decentralized applications (dApps).

In its announcement, Horizen singled out Gateway.fm’s Presto, a platform that enables developers to deploy ZK-rollups in 4. clicks.

Speaking about the partnership, Rob Viglione, the CEO of Horizon Labs, expressed his excitement about the potential benefits for the users and the wider Web3 ecosystem stemming from the partnership:

This partnership represents an exciting step forward for Horizen Labs in the modular blockchain ecosystem. By combining our areas of expertise, we’ll be able to work on innovative new solutions with Gateway.fm, for not only their users, but for the broader Web3 ecosystem. I’m very excited to see what comes next!

Horizen Labs and Gateway.fm working on proof verification blockchain

Horizen Labs and Gateway.fm are working together to develop a proof verification blockchain in 2024. The project is set to improve performance and reduce costs for all types of Verifiable Computation dApps using optimized Rust zk proof verification.

The proof verification blockchain is already live on a testnet and Horizen and Gateway.fm plan to continue working to develop and test better zk-proof and proof verification combinations for leading Web3 projects.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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