Is blockchain too slow and expensive? Boundless is here to solve it!
Have you ever felt that today's blockchain is like a busy road during rush hour, getting congested with too many transactions and the fees are particularly high?
The main reason behind this is that every transaction needs all nodes to verify together, which is very inefficient. But there is a technology called 'Zero-Knowledge Proof' (ZKP) that can change all of that! It's like a mathematical 'magic' that can prove something is true without revealing any specific information.
And @Boundless is an expert in this area! It's like a powerful 'proof factory' that provides efficient and reliable proof services for various blockchains and applications.
In simple terms:
🔹 Off-chain computation: Move complex and time-consuming computation tasks off-chain and complete them quickly on the dedicated nodes of @Boundless .
🔹 On-chain verification: Only put the short, quickly verifiable 'proof' back on-chain.
The benefits of doing this are super obvious:
✅ Significantly reduce costs: Only simple verifications are done on-chain, so Gas fees naturally plummet!
✅ Greatly increase speed: Dedicated nodes process in parallel, and transaction throughput soars!
✅ Enhance interoperability: Different chains and applications can use the same proof system, making communication smoother.
Boundless, through its zkVM technology, is building scalable infrastructure for the entire Web3 world. This means that future DApps and Rollups will be faster, cheaper, and provide a better user experience!
Keep an eye on infrastructure projects like $ZKC , as they are paving the way for the future of the entire industry!💪
#boundless #ZKC
