• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Partnership of io.net and Nexus to Enhance zkVM

user avatar

by Giorgi Kostiuk

10 months ago


Io.net and Nexus have announced a collaboration to enhance infrastructure and accessibility of zero-knowledge proof technologies through Io.net platform integration.

Objectives and Principles of Collaboration

The partnership aims to provide broad access to zero-knowledge proof services. Nexus will be able to use an expanded network of validators and other components in web3 ecosystems.

Technical Advantages of Integration

The integration of Io.net's IaaS platform significantly increases Nexus's computational power for zero-knowledge proof generation. This will enhance the scalability, reliability, and accessibility of the network.

Our partnership with io.net marks a pivotal step forward in advancing the capabilities of Nexus network.Alex Fowler, Chief Strategy Officer at Nexus

Impact on web3 Network Development

The collaboration will strengthen the foundation for a more interconnected and scalable web3 ecosystem. It will open up new opportunities for developers and users, enhancing the network's robustness.

The collaboration between io.net and Nexus creates a powerful momentum for the development and optimization of web3 technologies, making them more accessible and efficient for all market participants.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Yala Faces Liquidity Issues and Investigation

chest

Yala is facing liquidity issues and investigating suspicious borrowing activities affecting its USDC and YU stablecoin.

user avatarRajesh Kumar

Johnny Krypto Advises XRP Investors to Manage Expectations

chest

Crypto commentator Johnny Krypto urges XRP investors to temper their expectations regarding price rallies following the launch of spot XRP ETFs.

user avatarJesper Sørensen

Market Metrics Support Early Recovery Attempt for ROSE

chest

Recent market metrics indicate strengthening demand for ROSE as it approaches a key technical level, with ROSEUSDT showing a 9.11% increase over 24 hours and a 6.51% increase over four hours.

user avatarTomas Novak

Long-Term Wedge Structure Nears Critical Breakout Point

chest

The broader ROSEUSDT chart reflects a falling wedge that has shaped market behavior for nearly two years, with expectations for an upside breakout as the price presses against the upper boundary of this structure.

user avatarFilippo Romano

ROSE Rebounds from Support Level as Short-Term Momentum Improves

chest

ROSEUSDT shows signs of recovery after rebounding from a key support level, indicating improved short-term sentiment among traders.

user avatarLucas Weissmann

Chainlink's Critical Support Level at 14 for Potential Surge

chest

Chainlink's price analysis indicates that maintaining the support level at 14 is crucial for a potential rise to 2050.

user avatarEmily Carter

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.