ChainCatcher news, the zero-knowledge proof acceleration platform Ulvetanna has released a research paper titled "Binius: Hardware-Optimized SNARK," which demonstrates a performance optimization construction method for SNARK based on binary fields and explains the performance improvements it can bring to the real-world ZKP generation process. In addition, the team is working on the Rust implementation of this system (named Binius).

ChainCatcher news, zero-knowledge proof (ZKP) hardware company Ulvetanna has completed a $15 million seed round financing at a valuation of $55 million, led by Bain Capital Crypto and Paradigm, with participation from Jump Crypto. This round of equity financing ended last June.It is reported that Ulvetanna is building hardware aimed at accelerating the ZKP generation process, which is a cryptographic authentication method that proves specific information without revealing the content of the information. In the field of cryptography, this technology has traditionally been used for scaling solutions in blockchain networks, especially Ethereum. (TheBlock)