Polkadot Pioneers Prize Contributes 750K for Manta to Architect Advanced Zero-Knowledge Challenge
press release

Polkadot Pioneers Prize Contributes 750K for Manta to Architect Advanced Zero-Knowledge Challenge

THELOGICALINDIAN - The Pioneers Prize looks to armamentarium two categories of addition zeroknowledge accompanying advancements and Polkadot infrastructure

Manta has been awarded as the artist of the first-ever Polkadot Pioneers Award-winning of 750K to advice the advance of zero-knowledge technology. The Pioneers Award-winning award-winning is advised to break some of the better challenges adverse Polkadot and Web3. Polkadot allotted over 20 actor DOT tokens to the accomplishment and represents a absolutely new paradigm, area decentralized networks accept the banking bureau ahead bound to centralized organizations.

Accelerating the Advancement of Zero-knowledge Prover Technology

This zero-knowledge claiming is allotment of the beyond ZPrize, which is an action modeled afterwards the XPRIZE aimed at employing clandestine funds to advance the advance of zero-knowledge prover technology capital for extending blockchain appearance to board abundant boilerplate use cases. Manta Network is attractive to break the multiscalar multiplication (MSM) and number-theoretic transform (NTT) operations, which are capital architecture blocks for ZK computations. The award-winning will focus on maximizing throughput/minimizing cessation of these operations on client-type accessories and blockchain-based VMs, accurately the WebAssembly (WASM) runtime.

 Shoumo Chu, co-founder and amount contributor to Manta Network, said:

“We are aiming to break the ‘last mile problem’ for accumulation ZKP adoption, in adjustment to added massive ZKP and aloofness adoption. This will accredit a better, faster and added seamless user acquaintance and acquiesce the association to body out added calmly chip use cases.”

From Manta’s centralized benchmark, WASM will accord users a 10x – 15x achievement amends compared with built-in speed.

The Pioneers Prize looks to armamentarium two categories of innovation, zero-knowledge accompanying advancements, and Polkadot infrastructure.

Polkadot Pioneers Prize Curator noted:

“By partnering with Zprize, the Pioneers Prize curators forth with Manta are able to coact in a bunch of zero-knowledge analysis experts who are accurately attractive to advance aloofness and access ZKP appulse aural the blockchain ecosystem. We feel Zprize and its challenges are a abundant aboriginal compensation to bang off the ZK class of the Pioneers Prize and will accept a absolute appulse on the beyond Polkadot community.”

The accent of addition in the ZKP amplitude cannot be chaste and this could be the game-changing technology in this century. Winners of the antagonism charge open-source their claiming solutions so that the absolute association can admission and account from them fully. The approaching possibilities that this will accessible up for the absolute ecosystem are vast. All of these efforts would not be accessible after the accord of the abounding projects that accept appear calm to barrage this. The achievement is we will attending aback at this time as a cardinal time in the development of ZK and the alpha of the big bound advanced for decentralized protocols and applications to accredit secure, interoperable and scalable applications.

Manta Network is committed to architecture a bigger Web3 apple through aloofness protection. Manta’s artefact architecture starts from aboriginal attempt and provides end-to-end aloofness aegis for blockchain users through arch cryptography architectures such as zkSNARK. While ensuring privacy, Manta offers interoperability, convenience, aerial performance, and auditability, acceptance users to conduct clandestine transfers and affairs amid any alongside alternation of assets. Manta’s eyes is to accommodate added acceptable aloofness aegis casework for the absolute blockchain world.

The Polkadot Pioneers Prize was advised to break some of the better challenges adverse Polkadot and Web3. Polkadot appearance an on-chain treasury managed by the network’s badge holders via Polkadot’s on-chain babyminding system. Currently absolute over 20 actor DOT tokens, the treasury is advised to armamentarium projects that account the Polkadot ecosystem. The Polkadot Treasury represents a absolutely new paradigm, area decentralized networks accept the banking bureau ahead bound to centralized organizations.

ZPrize is modeled afterwards the XPRIZE and added agnate contests and aimed at employing clandestine funds to advance the advance of zero-knowledge prover technology capital for extending blockchain appearance to board abundant boilerplate use cases. ZPrize sponsors include, in alphabetical order, 0xPARC, Aleo, Algorand, Anoma, Aztec Protocol, Celo, CoreWeave, DZK, Espresso Systems, Ethereum Foundation, Findora, Harmony One, Kora, Manta Network, Mina Protocol, the Polkadot Pioneers Prize, Polychain Capital, Polygon, RISC0, Trapdoor Tech, Zero-Knowledge Validator.