CoinWorld reports:
The widespread applicability of cloud computing hinges largely on its trustworthiness. In practical applications, all data on cloud computing platforms must be complete, and during program execution, they must exhibit high accuracy to effectively expand the scope of cloud computing applications. Additionally, cloud computing protocols can ascertain all feedback results within servers without needing to re-operate related programs remotely. In recent years, verifiable computing has garnered significant attention from researchers and has become a major trend in the development of trusted cloud computing.
Led by Professor Grigore Rosu of the University of Illinois at Urbana-Champaign, Pi Squared is committed to achieving verifiable computing through zero-knowledge techniques. The company’s core concept stems from Rosu’s extensive academic research, culminating in the formation of Pi Squared.
Industry experts believe that Pi Squared could revolutionize verifiable computing, potentially extending its applications beyond blockchain’s Universal Settlement Layer (USL) to include trusted cloud computing, scientific and knowledge validation domains, applicable across all languages and virtual machines, inherently correct and high-speed.
Pi Squared distinguishes itself from other ZK technology-based innovations like ZKsync, ZK-native, and ZK Chain primarily through its universality and verification approach. While ZKsync, ZK-native, and ZK Chain focus on enhancing specific blockchain performance and privacy, Pi Squared offers a universal solution for verifiable computing across all blockchains, virtual machines, and programming languages through its USL. Pi Squared’s PoP technology extends beyond blockchain, enabling ubiquitous computing.
Pi Squared’s debut product, the Universal Settlement Layer (USL), features a modular blockchain architecture characterized by:
(1) Universality, supporting computations in any language or virtual machine without requiring a compiler.
(2) Provably correct computations through mathematical verification, allowing independent entities to verify the correctness of USL states.
(3) Minimal trust foundations by transparently exposing trust assumptions in upper-layer computations, thereby enhancing user trust and transparency.
(4) Application interoperability, supporting interaction between different application modules and networks such as appchains.
(5) Determinism and reproducibility in verification processes.
The USL architecture comprises multiple layers and components crucial for efficient and verifiable computations:
– Calculation Layer for executing computations in various languages and virtual machines.
– Sequencer Network facilitating transaction processing between the computation layer and USL.
– Execution Layer Interface enabling communication between the computation layer system and USL.
– Pi Squared’s USL layer operating as an optimistic rollup that interprets computation transactions as mathematical assertions, generating proofs of correctness through its π² network and Prover Pool.
Pi Squared envisions USL as a language and virtual machine agnostic layer, enhancing cross-chain applications and liquidity access within the Web3 industry, including rollup-in-a-box services, multi-chain bridging, cross-chain financial applications, and heterogeneous ZK verification.
In summary, Pi Squared sets a new benchmark in verifiable computing with its innovative PoP technology and Universal Settlement Layer (USL). While excelling in many aspects, USL faces limitations such as not primarily focusing on enhanced privacy and the need for specific trust dependency specifications in transaction structures. Nevertheless, Pi Squared’s technological breakthroughs demonstrate its capability to address practical challenges and innovate within the blockchain industry.
Looking ahead, with the rise of more applications and infrastructure enhancements, Pi Squared promises further innovations and transformations in the blockchain sector.