- Telos has revealed particulars of a brand new partnership with Ponos Expertise to develop a hardware-accelerated Ethereum L2 zkEVM community.
- Plans for the brand new community have been formally unveiled dwell right now at TOKEN2049 in Dubai, the place Telos is a title sponsor.
- TOKEN2049 is without doubt one of the world’s high crypto occasions, bringing collectively over 4,000 corporations and 10,000 attendees from 100 nations to discover the way forward for crypto.
The Telos Basis has revealed particulars of a brand new partnership with main Zero Data Proof (ZKP) analysis and growth agency, Ponos Expertise, during which the 2 corporations will work collectively to develop an end-to-end optimized, hardware-accelerated Ethereum layer. 2 networks that embrace SNARKtor, a decentralized recursive proof aggregator developed by Telos.
The brand new partnership was introduced right now at TOKEN2049 in Dubai, one of many world’s main crypto conferences.
groups from telos And Ponos Technology Will undertake a hardware-software co-design method that may assist unlock new potentialities by way of large scalability, higher knowledge safety, and trustless interoperability for Ethereum customers globally.
Ponos Expertise supplies an end-to-end optimized answer for ZK proving, which is basically achieved by leveraging FPGA acceleration, thus decreasing prices by matching hardware-software co-designed modules and devoted execution environments. -Enterprise worth streams are maximized by efficiency optimized calculations. The workforce contains a novel mix of skilled scientists and extremely expert business specialists who’ve accrued deep technical information on all features of ZKPs.
Slobodan Lukovic, CEO and co-founder of Ponos Expertise, stated:
“Zero information expertise is quickly turning into mainstream and may open the door to elevated effectivity and safety throughout many industries.
“Much like AI, continued development in algorithms coupled with developments within the underlying {hardware} infrastructure will allow the commoditization of ZKPs and end in widespread adoption of the expertise within the close to future.”
Telos will even work with a number of different new companions throughout the growth cycle, together with:
- DIGITAL MOB – One of many strongest Ethereum developer groups on the earth, having labored on initiatives together with MetaMask, MakerDAO, and Gnosis, amongst others.
- ATKA – a Paris-based end-to-end Web3 incubator that helped launch world-class initiatives like Morpho and Mangrove, and with which Telos introduced a strategic partnership in March 2024.
- Cometh – an award-winning dev workforce led by Jérôme de Tychy, President of ETH France, who joined Telos in March 2024 as Technical EVM Advisor.
Telos Government Director John Lillick, who helped lead main groups at ConsenSys and Polygon along with being a High 50 Web3 angel investor, will assist coordinate and help the transition. He’ll work intently with Alberto Garofolo, head of ZK Expertise at Telos and co-author SNARKtor whitepaperand Jesse Shulman, CTO and head of engineering at Telos.
Saying the brand new partnership, John Lillick stated:
“Basically, Ethereum might want to undertake a hardware-software co-design method to comprehend zkEVM efficiency at great scale.
“That is the method we’re taking with Ponos Expertise and our rising accomplice community when constructing the hardware-accelerated zkEVM L2. We imagine that this method, mixed with the thrilling work our workforce is doing with recursive proofs through SNARKtor, goes to offer engaging providers to the Ethereum group and past.
Telos was created in 2018 by a “honest drop” community launch that didn’t contain an ICO and token sale. Over the previous six years, the Telos Basis has helped develop two main networks – Telos EVM and Telos Zero – and can now additionally concentrate on constructing a high-performing and concisely confirmed L2 zkEVM.
subsequent token2049Extra particulars are anticipated to be introduced in July on Telos L2 led by EthCC, for which Telos is a main sponsor. Whereas in Brussels from EthCC, the Telos workforce plans to broadcast its first demo of SNARKtor to the world as a precursor to the official launch of Telos L2.
