Electron Quantum: ZK proof aggregation cuts verification cost 95%
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Explains how Electron's Quantum aggregates proofs from different schemes into one Superproof verified on Ethereum, amortizing cost across protocols. It is the first aggregator compatible with Boundless.
Key claims
$47M spent on ZK proof verification on Ethereum in 2023
6,000 Superproofs verified, $750k in gas saved
Verification costs about $4.20 vs >$34 directly
๐๐๐๐๐ถ๐ป๐ด ๐ญ๐ ๐ฝ๐ฟ๐ผ๐ผ๐ณ ๐๐ฒ๐ฟ๐ถ๐ณ๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป ๐ฐ๐ผ๐๐ ๐ฏ๐ ๐ต๐ฑ%
$47M was spent on proof verification for ZK rollups on Ethereum in 2023 alone, and the number of ZK proofs that need to be verified continues to rise.
It's time to dump cost to 0.
๐๐ผ๐? ๐๐ฒ๐ ๐บ๐ฒ ๐ฒ๐
๐ฝ๐น๐ฎ๐ถ๐ป. โ
Cost efficient proof verification infra that can handle this critical function at scale and provide it as a service to networks and apps, is absolutely crucial to successfully scale Web3.
@ElectronZK's Quantum, a universal ZK proof aggregator, is exactly that.
โค ๐ช๐ง๐ ๐ถ๐ ๐ค๐๐ฎ๐ป๐๐๐บ?
Quantum leverages ZK recursion to aggregate proofs from different protocols and across different proving schemes.
These are subsequently aggregated into a single Superproof.
This Superproof is then verified on Ethereum, amortizing the cost of verification among protocols and enabling cheap proof verification for any individual protocol.
It is the first aggregation solution compatible with @boundlesshq.
โค ๐ช๐ง๐ ๐ถ๐ ๐๐ผ๐๐ป๐ฑ๐น๐ฒ๐๐?
Boundless by @RiscZero is a full-stack ZK solution, enabling verifiable compute for every developer, across any blockchain.
It preserves the core ethos of blockchains (decentralization and censorship resistance), while eliminating the constraints that have held devs back and allowing us to break beyond block limits of Ethereum.
The Boundless stack streamlines ZK development and handling ZK proving, aggregation, and verification under the hood (see visual for more details).
Boundless also provides a powerful suite of R0 zkVM based components, built on the RISC-V instruction set, that allow devs to build in mature and familiar languages, including Rust and some popular Web2 languages.
This includes:
- Steel (ZK Co-Processor)
- Blobstream Zero (ZK-powered DA bridge)
- Zeth (ZK block prover for Ethereum)
โค ๐ช๐ต๐ ๐ฑ๐ผ๐ฒ๐ ๐ฎ๐น๐น ๐ผ๐ณ ๐๐ต๐ถ๐ ๐บ๐ฎ๐๐๐ฒ๐ฟ?
Developers that build the next generation of Web3 apps with Boundless, will have access to Electron's highly scalable proof aggregation layer, which offers up to 95% reduction in proof verification costs on Ethereum, enabling verification in <14K gas.
Already 6000 Superproofs have been verified on Ethereum, saving a total $750k in gas fees for verification to date (see visual for more details).
Currently, the gas cost saved per proof amounts to 87.5%. While direct verification on Ethereum for one proof would cost to >$34, Quantum allows for verification at roughly $4.20.
With each new protocol that is added to the Quantum aggregator, cost gets further reduced for each individual integrator, as the Superproof verification cost is shared among protocols.
The ZK endgame is approaching quickly anon.
Study @ElectronZK
Study @boundlesshq
Study @RiscZero
Want to DYOR on @boundlesshq?
Check my deep dive below. โ
Are you a builder?
Apply for @boundlesshq testnet access today!
QUOTING @RiscZero
ZK just got cheaper. @ElectronZK is the FIRST compatible aggregator for @boundlesshq, slashing proof verification costs by 95%. Aggregation reduces costs as network usage grows, so you can speedrun with us. t.co/PGkpqkLGHp
ZK just got cheaper. @ElectronZK is the FIRST compatible aggregator for @boundlesshq, slashing proof verification costs by 95%. Aggregation reduces costs as network usage grows, so you can speedrun with us. t.co/PGkpqkLGHp
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