Blockchain Privacy Firm Horizen Labs Partners With ApeChain
Blockchain privacy firm Horizen Labs has partnered with the ApeChain project to integrate its zkVerify technology helping reduce proof verification costs.
The zkVerify integration aims to improve gaming performance as well as reduce operational costs, and address challenges faced by Web3 gaming platforms.
Developers building on ApeChain will be able to use zkVerify’s zero-knowledge proof verification tech to optimize transaction processing and reduce proof verification costs by around 90%.
“By significantly reducing proof verification costs and supporting complex, transaction-heavy games through zkVerify, we’re making ApeChain a premier destination for Web3 gaming,” said Rob Viglione, co-founder and CEO at Horizen Labs.
“This integration marks a significant step forward in delivering efficient and scalable blockchain solutions for developers and users alike,”said Viglione.
zkVerify is blockchain tech designed for Zero-Knowledge (ZK) proofs. ZK proofs are cryptographic methods that allow one party to prove to another that a statement is true without revealing too much information.
The zkVerify technology is pivotal for privacy, scalability, and security within blockchain ecosystems. ZK proofs are known for being resource-intensive and costly. This in turn can impact the performance and economic viability of decentralized applications (dApps) and games that require rapid transactions.
zkVerify addresses this by offloading the verification process. This reduces the computational burden and associated costs. By integrating zkVerify, platforms can achieve faster transaction processing times and lower operational expenses.
ApeChain is an Arbitrum Orbit Chain specifically designed for Web3 gaming. The platform aims to provide a
