QED: A zk-Native blockchain serving millions of concurrent users

Startup Open Asset Requirements has not too long ago introduced QED, the world’s first ZK 2.0 blockchain protocol. Not like current zero-knowledge blockchain protocols, QED has a novel state mannequin which is horizontally scalable, which means it’s not restricted by TPS restrictions which have beforehand prevented the adoption of blockchain applied sciences in Web2 use circumstances similar to social networks, conventional finance, and gaming.

Enabled by advances in quick recursive zero-knowledge proofs, QED is ready to obtain this scale with out compromising safety or decentralization and proves all transactions end-to-end utilizing proof recursion (verifying a zero-knowledge proof in a zero-knowledge proof ).

This means of decentralized recursive proving culminates in a single block proof that may be verified by an Ethereum good contract, making the protocol solely reliant on the Proof of Math itself, somewhat than an incentive-based consensus system susceptible to collusion, hacking, and misaligned incentives.

As the primary blockchain able to serving billions of customers in a single block, QED does away with the necessity for a zk-VM by compiling good contract features on to zero data circuits, making it the primary zk-Native blockchain.

QED’s novel strategy to ZKP permits customers to show their very own transactions on their very own system in milliseconds, enabling a brand new privacy-centric web the place transactions are personal by default and delicate information by no means has to go away a person’s system.

With its announcement of the QED Protocol, Open Asset Requirements unveiled QED’s official Dapen Sensible Contract IDE. With Dapen, Web2 builders can write zk Sensible Contracts on the earth’s 2 hottest programming languages, JavaScript and Python, which have a developer market share 357 occasions bigger than the Solidity group which solely makes up a miniscule 0.1% of the world’s builders.

Along with making blockchain accessible to extra builders than ever earlier than, Dapen has built-in assist for Markdown good contracts which permit even non-technical customers to put in writing good contracts in English utilizing their integration with a number of giant language AI fashions (LLMs) together with ChatGPT.

Backed by Animoca Manufacturers’ fund Sparkle Ventures whose Basic Companions embody Sebastien Borget, Co-founder of Sandbox, and Yat Siu, Co-founder of Animoca Manufacturers, QED is ready to see main adoption throughout the gaming house which often helps thousands and thousands of concurrent players taking part in without delay.

As a result of its horizontal scaling mannequin, QED is ready to add transaction processing capability by merely including extra proving nodes to its community, permitting large-scale gaming to combine with blockchain applied sciences similar to dynamic NFTs for the primary time.

Headed up by Founder and CEO Carter Feldman, a former childhood hacking prodigy and reverse engineer, the QED core workforce is made up of a various workforce from each Web2 tech giants and Web3 titans together with Binance, reflecting the protocol’s mission to unite Web2 and Web3.

Contact data

Web site: www.qedprotocol.com

Twitter:

• Official:  @qedprotocol
• Founder: @cmpeq 

Electronic mail: information@qedprotocol.com