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

Revolutionizing Verifiable Computing: Pi Squared's Groundbreaking Technology

user avatar

by Giorgi Kostiuk

2 years ago


Revolutionizing Verifiable Computing: Pi Squared's Groundbreaking Technology

Pi Squared, known as Proof of Proof (PoP), has successfully concluded its inaugural capital raise under the guidance of Polychain Capital. The funding round saw a consortium comprising ABCDE, Bloccelerate, Generative Ventures, Robot Ventures, and Samsung Next, alongside notable angel investors like Shumo Chu, Harish Devarajan, Justin Drake, Sreeram Kanaan, Csongor Kiss, George Lambeth, Yilong Li, Calvin Liu, Lucian Mincu, Karthik Raju, and Common Prefix, coming onboard.

Pi Squared is poised to revolutionize trustless remote computing, artificial intelligence (AI), and interoperable smart contracts for any blockchain or decentralized application (dApp) through the innovative utilization of zero-knowledge (ZK) technology. The core of Pi Squared's approach lies in the creation of a universal and remarkably compact ZK circuit that validates mathematical proofs' integrity. This pioneering method ensures verifiable-computing correctness guarantees for various programming languages and virtual machines (VMs) directly from their formal semantics, eliminating the need for translation to a common language, VM, or instruction set architecture (ISA).

Grigore Roșu, the CEO of Pi Squared and a Computer Science Professor at the University of Illinois Urbana-Champaign, envisions a future where verifiable computing is universally accessible across all languages and VMs, inherently correct-by-construction, and incredibly fast. The mission extends beyond enabling a universal settlement layer (USL) for seamless interoperability among all Blockchains, L1s, and L2s to a broader goal of settling all scientific and knowledge-based advancements on the USL.

Karthik Raju, General Partner at Polychain Capital, emphasized the transformative impact of Pi Squared’s proof of proof technology on Web3 and its applications. The development of a universal ZK circuit by Pi Squared is expected to enhance the accessibility and applicability of Web3 for developers and end users alike.

Pi Squared's forthcoming verifiable computing solutions entail a universal and scalable approach with a minimal trust base. The flagship product, the Universal Settlement Layer (USL), introduces several key features:

  • Universality: Expressing computations in any high-level or virtual machine language without the need for compilers or translators.
  • Provable correctness: Ensuring computations verified by the USL are mathematically verified correct, allowing external validation of the USL's state.
  • Trust Base Minimality: Increasing transparency by exposing trust assumptions in upper-layer computations and minimizing the trust base through correctness proofs.
  • App Interoperability: Supporting interoperability among different application modules and networks.
  • Determinism and reproducibility: Facilitating reproducible validation independently verified by external entities.

Pi Squared’s USL guarantees end-to-end correctness for generic computations while minimizing the trust base. It advances verifiable computing as a standard distributed computing paradigm without favoring specific domain-specific languages, VMs, or execution environments, ensuring efficiency and scalability.

Pi Squared will be showcasing its innovations at events during the EthCC in Brussels from July 8th to 11th. Attendees can learn more about Pi Squared’s vision and initiatives directly from CEO Grigore Roșu at Restaking & Infra Day on July 8th and L2con on July 9th.

About Pi Squared

Pi Squared stands for ZK proofs of mathematical proofs and pioneers the utilization of ZK technology to offer verifiable-computing correctness guarantees without language or VM translations. Headed by UIUC professor Grigore Rosu, a leading figure in the K framework and Runtime Verification, the team comprises experts in formal methods, blockchain, and AI/ML. To schedule a meeting with Pi Squared’s leadership team, contact them via email at contact@pi2.network.

For more insights into Pi Squared's vision and Proof of Proof technology, visit their official website at pi2.network.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Western Union Introduces USDPT Stablecoin to Enhance Digital Payments

chest

Western Union has launched USDPT, a US dollar-backed stablecoin, to enhance digital payments for 130 million people in Bolivia and the Philippines.

user avatarAisha Farooq

Zcash Surges to New High as Institutional Interest Grows

chest

Zcash (ZEC) has surged to a new year-to-date high of 590, driven by significant institutional investment from Multicoin Capital.

user avatarTenzin Dorje

Sabadell Joins European Banking Consortium for Stablecoin Initiative

chest

Spanish bank Sabadell has joined the Qivalis consortium aimed at launching a Europe-pegged stablecoin.

user avatarBayarjavkhlan Ganbaatar

Ripple CEO Highlights Critical Hearing for CLARITY Act's Future

chest

Ripple CEO Brad Garlinghouse emphasizes the importance of the upcoming Senate Banking Committee hearing for the CLARITY Act's progress.

user avatarMohamed Farouk

Bitcoin Holds Steady Above 80,000 as Market Recovery is Tested

chest

Bitcoin's price remains above 80,000, indicating a recovery from March lows, with differing behaviors observed among large holders.

user avatarElias Mukuru

Gerstein Harrow LLP Files Restraining Notice Over Ethereum Linked to Kelp DAO Hack

chest

Gerstein Harrow LLP has filed a restraining notice in a New York district court, claiming legal rights to approximately 30,766 Ethereum frozen after the Kelp DAO hack.

user avatarDiego Alvarez

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.