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To verify, zkRollups need to burn $10,000,000 each year. Surprising, right? Services like swaps, lending, voting, etc., all require verification services. ZK proofs have been widely adopted, yet issues like fragmented verification clients, high costs, and difficult integration have become common problems in the industry. Worldcoin requires burning 20 to 60 dollars of Gas for a single verification, WOW. Let’s dive in! ⬇️ The blockchain world is like a dark forest; all code must be verified multiple times to complete specific services, which is one of the characteristics brought by decentralization. It does not leak specific details but can verify results. ZK zero-knowledge proof technology has become a universal solution in the industry, but the reality is not so rosy. First, let’s talk about costs. The verification market is estimated to exceed $100 million in security spending for zkRollups alone in 2024, and by 2028, including ZK applications, it is expected to expand to $1.5 billion. To be more specific, the verification cost of a single ZK proof on Ethereum can range from $16 to $205, and it varies greatly with extremely unstable services: ▰ Fflonk: $16.13 ▰ Halo2: $28.81 ▰ Groth16: $29.39 ▰ STARK: $204.65 Note: Assuming 30 gwei and ETH price at $3k. If this is the cost, completing private DeFi transactions, voting, gaming, and identity verification becomes terrifying; this thing is too expensive. As mentioned at the beginning, Worldcoin's single verification cost is 20 to 60 dollars, and they are also forced to turn to OP, but this is just a stopgap measure; the vast majority of assets and services are still on Layer 1 networks. 9 billion ZK proofs are waiting to be generated, which also means 9 billion verifications — who will foot the bill? Now, let’s talk about fragmentation. Why are different ZK verification solutions stuck? Traditional solutions rely on L1 chain verification, but Ethereum's EIP process is too slow, severely dragging behind. The EIP-196 and 197 from 2017 introduced precompiled contracts for the BN254 curve, making zk-SNARKs verification easier, but also locked out other curves. The emerging BLS12-381 curve is more secure and efficient, yet due to EIP-2537 not being implemented, developers are forced to find a workaround: first aggregate proofs, then convert formats, extend finality time, and spend more money. STARK proofs are inherently efficient, but verification Gas fees exceed 2 million, far surpassing SNARKs. Rollups use fraud proofs instead of ZK, but the one-week challenge period is too long, posing significant security risks; Bitcoin zkRollups can only verify off-chain due to script limitations, relying on complex BitVM challenges, which come with both costs and risks. Emerging proof systems like Binius and Rinocchio are more advanced, capable of accelerating hardware implementation and supporting encrypted data proofs, but L1 does not support diverse finite fields and hash functions, causing verification costs to soar by over 90%. The result? Innovation is hijacked by DAO consensus and Gas fluctuations, and developers prefer to make do with old solutions, leaving the ZK ecosystem feeling like it’s been "standardized by curves". What to do? zkVerify @ZKVProtocol has arrived. It is a dedicated zero-knowledge proof verification chain with a very clear positioning, serving as the "verification layer" for the entire network, helping users reduce verification costs and providing developers with low-cost, low-latency, and universally compatible friendly services. How much can it save? 91%. Under the same conditions, the cost comparison after using zkVerify drops dramatically: ▰ Fflonk: $16.13 ~ $1.45 ▰ Halo2: $28.81 ~ $2.59 ▰ Groth16: $29.39 ~ $2.65 ▰ STARK: $204.65 ~ $18.42 This is quite impressive! Not only does it reduce costs, but it also accepts proofs from any client, compatible with STARKs, Plonky2, RiscZero, SP1, UltraHonk, and other zk stacks. Achieving this relies on zkVerify's architecture and advanced components, including: ▰ Main chain: L1 proof-of-stake blockchain ▰ Proof submission interface: An interface that receives various heterogeneous proofs ▰ Authentication mechanism: Creating and publishing authentication protocols ▰ zkVerify L1 contract: Storing new authentication and verification information As a product, zkVerify is not only architecturally impressive, but it also unlocks new proof systems, supports polynomial interpolation and hash innovations, and seamlessly integrates Binius and Circle STARKs; it revolutionizes Bitcoin zkRollups, reducing off-chain verification time from a week to a few minutes; simplifies zkApps, generating proofs from the browser, delegating verification, and only storing small authentications on the settlement chain. Breaking free from EIP bottlenecks, supporting diverse primitives, accelerating the Bitcoin/Ethereum roadmap, and using standardized verification to bridge L1/L2 is what zkVerify aims to achieve, making it a significant infrastructure layer for the next wave of AI × ZK applications. Therefore, from this perspective, its significance is enormous. Currently, zkVerify has been launched on the mainnet, with the TGE expected to take place on September 30. Several major projects this year have opened up the ceiling of market value for zk tracks, and this zk infrastructure project within zk deserves special attention.

$BTC, $ETH, & Top L2s Often Steal The Spotlight Yet Oracles and ZK Proofs like @Chainlink and @zksync are the foundations of scalability and security. These projects are the backbone of web3.