• 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

a year 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

Potential Surge in Coinbase's USDC Revenue with Increased Adoption

chest

Bloomberg analysts estimate that Coinbase's USDC-related revenue could grow significantly with broader adoption and regulatory clarity.

user avatarFilippo Romano

Ethereum Faces Increased Selling Pressure Amid Market Caution

chest

Ethereum is experiencing significant selling pressure as market sentiment shifts towards caution, with a notable increase in user deposits to exchanges.

user avatarEmily Carter

Attempted Murder Charges Filed in Crypto Investment Dispute

chest

A man in his thirties has been charged with attempted murder after allegedly poisoning his business partner over a dispute related to failed crypto investments.

user avatarTomas Novak

XRP Faces Resistance and Support Levels

chest

XRP price is currently trading above key support levels but faces resistance near 1460 and 150.

user avatarKaterina Papadopoulou

Bitwise Expands Staking Infrastructure with Chorus One Acquisition

chest

Bitwise has acquired Chorus One, enhancing its staking capabilities across multiple blockchain networks.

user avatarMaya Lundqvist

Vitalik Buterin Calls for Enhanced Security in Ethereum's DeFi Ecosystem

chest

Ethereum cofounder Vitalik Buterin emphasizes the need for prioritizing oracle design and decentralization as critical security issues within the DeFi sector.

user avatarLeo van der Veen

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.