Zpoken, in partnership with Neon EVM, is thrilled to announce the successful integration of zkSVM Zero-Knowledge Scalable Virtual Machine) on the Solana blockchain. This groundbreaking development leverages zero-knowledge proofs to significantly enhance scalability and efficiency on Solana, addressing key challenges faced by blockchain platforms.
Introduction to zkSVM
Over the past few months, Zpoken and Neon EVM have closely collaborated to develop scalable and trustless SVM Rollups, which power high-throughput applications on Solana. The zkSVM technology combines zero-knowledge proofs with a scalable virtual machine architecture, ensuring both enhanced privacy and reduced on-chain data processing, which directly contributes to improved scalability.
How zkSVM Works
zkSVM enables the proof of inference for programs deployed on Solana VM, with verification on Neon EVM through three simple steps:
- Execution on zkVM: Run the Solana Virtual Machine SVM on RISC0ʼs zkVM host to process transactions and extract relevant data, including addresses, programs, and system instructions.
- Virtual Machine Creation: Create a virtual machine and runtime for execution within the RISC0 program.
- Proof Generation: Generate a STARK proof from zkVM, compress it into a Groth16 proof, and pass it to a Solidity verifier deployed on Neon EVM.
Key Innovations
To accelerate proving and handle more transactions per block on Solana, Zpoken has introduced parallelization of proof generation using GPU acceleration. This approach compresses multiple proofs into a single one, significantly enhancing processing efficiency.
Cost Efficiency
The zkSVM provides an efficient and verifiable solution for Solana. The proof generation cost is approximately $0.75 per 1 billion cycles, translating to an average transaction cost of around $0.016. Proof verification on Solana is highly cost-effective, costing approximately $0.002.
Why Solana?
Solanaʼs existing infrastructure, known for its high performance and low costs, makes it an ideal candidate for zkSVM integration. By incorporating zkSVM, Solana aims to maintain its impressive throughput while adding a robust layer of security and privacy through zero-knowledge proofs. This integration is expected to enhance Solanaʼs ability to support a wide range of decentralized applications (dApps) and transactions without compromising speed or cost.
Potential Use Cases:
Scalable dApps: Developers can build more scalable and efficient decentralized applications (dApps), benefiting from Solanaʼs already impressive performance enhanced by zkSVM.
Future Implications
The integration of zkSVM into Solana represents a significant advancement in blockchain technology. It not only enhances the performance of the Solana network but also broadens the scope of applications that can be developed on it. This integration paves the way for more robust and secure blockchain solutions, enabling developers to create applications that were previously not feasible due to privacy and scalability constraints.
For further details, please visit the original announcement on Zpokenʼs Twitter.
Media Contact
Company Name: Zpoken
Contact Person: Mike Yezhov
Email: Send Email
Country: United States
Website: https://zpoken.io
