New DePIN protocol rolls out ZK-Proof processing marketplace

New DePIN protocol rolls out ZK-Proof processing marketplace

Source: Cointelegraph

Published:14:56 UTC

BTC Price:$90842

#ETH #ZKProofs #DePIN

Analysis

Price Impact

High

Brevis's provernet significantly strengthens the decentralized zero-knowledge proof (zk-proof) processing infrastructure. zk-proofs are fundamental to ethereum's scaling roadmap, particularly for zk-rollups and layer 2 solutions. the integration of brevis with key ethereum ecosystem projects like uniswap, metamask, and linea, as well as the migration of ethproofs' workloads, directly enhances ethereum's capabilities and efficiency.

Trustworthiness

High

The news is reported by cointelegraph, a reputable crypto news source, detailing an announcement from brevis. brevis itself is a well-established entity in the zk-proof space with a track record of processing over 250 million proofs and significant partnerships (uniswap, metamask, pancakeswap, linea, binance investment). the details about current usdc settlement, future brev token, and active workload migration indicate a legitimate and well-developed project.

Price Direction

Bullish

The enhancement of a critical scaling technology like zk-proofs through a decentralized marketplace directly benefits the ethereum ecosystem. by making zk-proof processing more accessible, efficient, and decentralized, brevis's provernet reduces computational burdens for developers and improves the overall scalability and privacy features of dapps on ethereum and its associated l2s, driving long-term value.

Time Effect

Long

While the provernet launch provides immediate utility and workload migration, zk-proof technology is a foundational element for the long-term scalability and privacy of blockchain networks, especially ethereum. strengthening this core infrastructure lays groundwork for sustained growth and adoption over the coming years.

Original Article:

Article Content:

Adrian Zmudzinski 2 minutes ago New DePIN protocol rolls out ZK-proof processing marketplace Brevis has launched ProverNet, a ZK-proof marketplace where provers can earn by computing proofs and apps can buy proving capacity. Listen 0:00 News COINTELEGRAPH IN YOUR SOCIAL FEED Zero-knowledge proof (ZK-proof) coprocessor Brevis launched its marketplace, allowing users to earn by computing ZK-proofs. According to a Monday Brevis announcement , the “ProverNet” decentralized physical infrastructure (DePIN) network allows applications to access ZK-proof proving capacity and computing providers to earn money by computing proofs. Currently, the network uses Circle’s USDC ( USDC ) stablecoin as the native settlement currency. Still, Brevis plans to move to the yet-to-be-launched BREV token when ProverNet comes out of beta and launches mainnet. On mainnet, the system will also introduce prover staking and slashing for “misbehavior or missed deadlines.” Currently, ProverNet allows for proving task distribution through a continuous auction, USDC payment settlement and prover registration and job matching. Provers can already register and start competing for jobs, while applications can also submit proof requests directly to the network. Source: Brevis Related: ZKPs can prove I'm old enough without telling you my age Not new to the game Computing ZK-proofs is computationally intensive, meaning it is often impractical for developers or users to compute them themselves. This is especially true when large volumes of proofs are needed, as seen in some projects. Brevis has long offered ZK-proof processing as a solution for the industry. The firm announced in late 2023 that it supported Uniswap v4 hooks to trustlessly read and compute the transaction history of liquidity providers and traders. In October, Uniswap, a decentralized crypto exchange, introduced a routing rebate program built on its technology, announcing that Brevis had been awarded a grant to develop it. Earlier this year, Brevis had also unveiled “a partnership between MetaMask, Linea, and Brevis to bring ZK Proof-powered rewards to MetaMask Card users.” PancakeSwap also integrates Brevis infrastructure for ZK-proof processing. After a 2024 Binance investment , it was also used to power trustless crosschain restaking infrastructure on BNB Chain. Brevis claims to have processed over 250 million proofs across more than 30 partners. The organization explained that it learned that ZK-proof workloads are highly variable, which led to the development of ProverNet to provide enough flexibility: “From this point on, applications get access to specialized capacity without vendor lock-in while provers can now find workloads matched to their hardware. The ecosystem gets shared infrastructure instead of fragmented silos,” it said. Related: Ethereum’s first ZK-rollup, ZKsync Lite, to be retired in 2026 A DePIN with usage from day one In its announcement, Brevis also notes that it is already “gradually migrating” production workloads to ProverNet. For now, the service is moving “a subset of Ethereum block execution proving from ETHProofs.” ETHPoofs is a public-facing service for generating ZK-proofs of Ethereum block execution — proving what is included in specific blocks. This allows crosschain verification for trust-minimized bridging, among other applications. Magazine: When privacy and AML laws conflict: Crypto projects’ impossible choice # Blockchain # zk-Rollup # DePIN Add reaction