Blockchain news website:
ZEROBASE can generate ZK proofs within 400 milliseconds.
By 1912212.eth, Foresight News
The ZK sector continues to attract venture capital investment.
Recently, real-time ZK proof network project ZEROBASE received $5 million in funding from investors including Binance Labs, Lightspeed Faction, Dao5, IDG, Weixing Capital, and Symbolic Capital. This is the second funding in the ZK field since a16z CSX fund led the investment in Fermah, a developer of ZK proof generation layer, in September.
With a luxurious lineup of investment institutions, why do more cautious venture capitalists see value in ZEROBASE in the crowded ZK field?
Real-time ZK proof network
ZEROBASE is a real-time ZK proof network that provides privacy and access to decentralized computing infrastructure. It is launched by Salus, a Web3 security company specializing in vulnerability analysis and security audits. Three months ago, the company received grants from Ethereum, Aztec, Polygon, Scroll, Taikoxyz, and ZKsync for its vulnerability analysis and security audits in the zero-knowledge field.
Shawnc Chong, a co-founder of ZEROBASE and Salus, is from Malaysia and graduated from King’s College London. It is worth mentioning that he is also an investor in well-known projects such as BounceBit and Sahara AI, and has been immersed in the crypto field for many years.
The core of ZK technology in the blockchain lies in two key aspects: privacy and scalability. It allows one party to verify information without exposing the underlying data, ensuring privacy and making it an ideal choice for protecting sensitive information. In addition, it improves scalability by offloading complex computations off-chain while maintaining on-chain verification integrity.
Although ZK has developed rapidly, there are still challenges in infrastructure, such as speed, cost, centralization, and scalability. Currently, ZEROBASE is working on solving these challenges.
Features and architectural design
According to its official website, ZEROBASE’s features mainly focus on three aspects.
ZEROBASE can generate ZK proofs within 400 milliseconds.
It ensures the security and privacy of proof computation and tamper-resistant data through Trusted Execution Environment (TEE).
It adopts a distributed computing architecture to eliminate single points of failure while maintaining a high degree of decentralization, with a consensus time of less than 1 second.
In previous network architecture designs, users interacted with the network hub to obtain a list of nodes and then selected nodes from the list for further interaction. In this type of architecture, all nodes must send messages to the hub to stay online, and the hub stores information for all online nodes.
The problem with this centralized architecture is the overload on the hub. Once the hub has a problem, the entire system will be greatly affected.
ZEROBASE adopts a new architecture that divides nodes into subsets, each managed by a hub. Each hub only records the status information of the nodes it is responsible for, meaning a node only communicates with its corresponding hub.
In this architecture, even if the number of nodes increases, the system can continue to operate smoothly by adding more hubs.
The ZEROBASE hub is responsible for broadcasting verification tasks. It broadcasts tasks to the ZEROBASE network, and proof generators randomly receive proof generation tasks within a specific timeframe. The ZEROBASE hub also handles user verification requests. Users must declare their tasks to the hub before sending the specific content required to generate the proof. The hub then broadcasts these tasks in the ZEROBASE network.
The functions of the ZEROBASE hub also include generating node connection credentials, processing data packets sent by nodes, and constructing payment orders.
Currently, ZEROBASE has already seen applications such as zkLogin, zkDarkPool, and Tiga processors. Its future development prospects are worth paying close attention to.