New zkVerify L1 blockchain wants to speed up and lower cost of crypto ZK-proofs
Horizen Labs, a zero-knowledge cryptography platform, is rolling out its devoted layer-1 blockchain for personal information verification.
ZkVerify, a brand new L1 blockchain designed for zero-knowledge proof (ZK-proof) verification, introduced its mainnet launch on Tuesday.
“ZkVerify’s mission is to take away the financial and technical obstacles to ZK adoption,” Horizen Labs CEO and zkVerify founder Rob Viglione advised Cointelegraph.
“Though verification is often seen because the ‘least expensive’ a part of the ZK worth chain, it’s nonetheless far too expensive and inefficient to assist real-world scale,” Viglione stated.
What’s ZKP verification?
ZKP verification is a cryptographic methodology that enables one social gathering to show an announcement to a different with out disclosing the underlying info or information itself. A standard instance is verifying age eligibility to entry a service with out requiring the disclosure of a complete ID or different private particulars.
With a ZKP quantity estimated at round $100 million and 4.4 billion proofs as of 2025, the ZK proving market is predicted to achieve $1.5 billion by 2030, in response to information from main trade platforms Refrain, Aligned and Horizen Labs.
ZK proving market predictions. Supply: Delphi Digital
“Proper now, many chains and apps will be slowed down or costlier as a result of verifying these proofs on Ethereum or one other chain will be considerably costlier,” Viglione stated.
In keeping with zkVerify, ZKP verification on networks like Ethereum can price as much as $60 per proof throughout excessive congestion, with verification consuming as much as 300,000 gasoline items. zkVerify guarantees to allow price discount of a minimum of 90% in comparison with verifying instantly on L1s.
“Heavy math as an alternative of unique app or chain”
To chop verification prices, zkVerify offers a devoted verification layer by separating proof verification from settlement on L1s.
“zkVerify checks a ZK-proof by doing the heavy math as an alternative of the unique app or chain,” Viglione advised Cointelegraph, including:
“The unique chain sends proof and inputs, it routes to the proper checker, validates them, and information a cross or a fail. Different apps or chains then learn that end result as an alternative of redoing the mathematics, offloading the computational burden to zkVerify, reducing time and value.”
Decentralized ID, gaming, DeFi lending amongst use instances
Amongst actual zkVerify use instances, Viglione talked about the decentralized ID, verified buying and selling predictions, decentralized finance lending, gaming and extra.
“The best technique to work together with zkVerify is by way of our relayer interface, which is as simple as an API to make use of, and continuously rising in capabilities,” he stated, including that the blockchain “works quietly within the background,” so the person shouldn’t have to actively take into consideration the way it works.
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He additionally highlighted zkVerify’s functionality to confirm many alternative proof sorts with its modular structure in addition to multichain optionality, enabling groups to confirm as soon as and attest to Ethereum, Base, Arbitrum, Optimism and different chains with out lock-ins.
ZkVerify’s mainnet launch comes months after the Ethereum Basis introduced plans to combine its ZK Ethereum Digital Machine (zkEVM) instantly into its L1 blockchain inside a yr.
The deliberate integration would convey important modifications to zkEVM’s block execution, letting validators confirm a number of proofs from completely different zkVMs as an alternative of re-executing block transactions.
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