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Home»Blockchain»Horizen partners with Gateway to drive leading Web3 projects
Blockchain

Horizen partners with Gateway to drive leading Web3 projects

2024-05-07No Comments2 Mins Read
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Horizen Labs, a company specializing in zero-knowledge cryptography, has entered into an expanded partnership with Gateway.fm, a distributed blockchain infrastructure company, according to the latest information shared with Finbold.

The primary goal of the partnership is to combine the expertise of both companies and work on innovative solutions that streamline zk-rollup implementation and help drive better performance for decentralized applications (dApps).

In its announcement, Horizen mentioned Gateway.fm’s Presto, a platform that allows developers to deploy ZK rollups in 4. clicks.

Speaking about the partnership, Rob Viglione, CEO of Horizon Labs, expressed his excitement about the potential benefits to users and the broader Web3 ecosystem that will result from the partnership:

This collaboration represents an exciting step forward for Horizen Labs in the modular blockchain ecosystem. By combining our areas of expertise, Gateway.fm allows us to work on innovative new solutions, not just for their users, but for the wider Web3 ecosystem. I’m really excited to see what comes next!

Horizen Labs and Gateway.fm are working on blockchain for evidence verification

Horizen Labs and Gateway.fm are working together to develop a proof-verification blockchain by 2024. The project aims to improve performance and reduce costs for all types of Verifiable Computation dApps using optimized Rust zk-proof verification.

The proof-verification blockchain is already live on a testnet, and Horizen and Gateway.fm plan to continue working on developing and testing better zk-proof and proof-verification combinations for leading Web3 projects.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

See also  Web3's Killer app is... | Web3 Daily

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