✅Cross-chain asset interoperability will be enabled by Lightning Bridges decentrally operated by the Veruseum community among all #Veruseum ZK Rollup instances.🔐
✅Veruseum will also be deployed on #Polkadot and #Cosmos ecosystems.🏗️
#ZKRollUp#ETH
#Veruseum technology will be first deployed on #Ethereum mainnet.✅
It will be many times faster than any other ZK prover system on the current market.🥳
#ZKRollUp#ETH
#Veruseum technology is based on state of the art cryptography and powerful blockchain system engineering. ⚡️
💻The team consists of world renowned cryptographers, programmers, and researchers backed by the technology developed by MIT, Stanford and UC Berkeley.🔐
#ZKRollUp#ETH
📢#Veruseum features the World’s first hardware based #ZKP (Zero Knowledge Proof) optimization and acceleration #mining program. 🌍
📌Miners are equipped with #FPGA#ASIC powered hardware, specially designed to accelerate elliptic curve pairing and multipliers.🏗️
#ZKRollUp#ETH
#Veruseum is the newest ZK Rollup Solution, it's loaded with advanced features👉
⚡️Many times faster than #Ethereum Layer 1🚅
⚡️Almost zero gas fees🔆
⚡️Uses Layer 1 Security🔐
⚡️Proven technology, lab tested for years✅
#ZKRollUp#ETH
📌Veruseum solves both privacy & scalability issues.✅🥳
📌By deploying the Thunder Network based on the unique ZK Rollup technology, Veruseum allows #Ethereum to process more payments than #VISA, #MasterCard, and #Swift, without sacrificing security.⚡️
#Veruseum#ZKRollUp#ETH
Name 3 things that layer 2 protocol does better than layer 1:
1. Faster (By that, I mean way faster)
2. Secure
3. Taking off the load from ETH main-net, so its validators can validate more important things. :P
Did you know?🧐
🔏Supersonic, co-authored by Veruseum Foundation and other collaborators, is currently the most practical #ZKP with no trusted setup by a long shot.⚡️
#Veruseum#ZKRollUp#ETH
🧠Understanding ZKP solutions👉
⚡️ Zero-Knowledge proof Rollups are off-chain aggregations of transactions taking place on #Ethereum🏗️
⚡️ Enables #scalability of #blockchain from the conventional 15 tps of #ETH to more than 1000 tps 🤯
#Veruseum#ZKRollUp
🔏Data Privacy in ZKP solutions👉
✅#ZKP ensures data privacy, it provides convincing evidence that the transaction record is compliant, even though the information is encrypted and hidden to public verifiers.🔐
#Veruseum#ZKRollUp#ETH
📢What are L2 Solutions?🧠
Layer 2 is a collective term for solutions designed to handle transactions off the #Ethereum Mainnet (Layer 1) while taking advantage of the robust decentralized security model of Mainnet.🔐✨
#Veruseum#ZKRollUp#ETH
🏛️Understanding ZKP solutions👉
A zero-knowledge proof (#ZKP) enables one to convince others that a statement is true without revealing any information on why this is the case.✅⚡️
#Veruseum#ZKRollUp#ETH
📢What is Validity Proof or SNARK?🧠
Zero-knowledge rollups (ZK-rollups) bundle (or "roll-up") hundreds of transfers off-chain and generate a cryptographic proof, known as a #SNARK (Succinct Non-interactive ARgument of Knowledge).✨
#Veruseum#ZKRollUp
❗️❗️The 3️⃣ versions of #Veruseum ❗️❗️
✅ Version 1 - Proof-of-Concept
✅ Version 2 - Optimizations for lower gas cost and higher TPS
✅ Version 3 - the scalable privacy #ZK-EVM
#ZKRollup#Privacy
🤝 Join us ⤵️
https://t.co/VfyhMHP8RA
#Veruseum solves both privacy and #scalability issues by deploying the Thunder Network based on our unique #ZKRollUp technology as it allows #Ethereum to process more payments than #VISA, #MasterCard & #Swift without sacrificing security.
🤝 Join us ⤵️
https://t.co/VfyhMHP8RA
Meet the Team - #1
Steve is from #Boston University with PhD in Mathematics. He is an Honorary Scholar of Stanford University. Served as a senior researcher in several well-known companies and has extensive experience in FPGA chip algorithm and #cryptography.