ChainCatcher news, the ZKsync community has voted on-chain to approve the "Distribute 325 million ZK tokens to DeFi users within 9 months" TPP 001 proposal. This proposal suggests distributing 325 million ZK tokens over 9 months, with 300 million allocated to users through six minters (with a cap of 50 million each), and an additional 25 million tokens managed by four minters to cover management and unforeseen costs. The proposal aims to establish a DeFi liquidity center on the ZKsync Era and enhance the liquidity of all interoperable ZK chains (Elastic Chain).Previously on November 6, ZKsync community ZK Nation posted on X stating that the ZKsync Ignite Program TPP 001 proposal "Distribute 325 million ZK tokens within 9 months" has opened for voting, with a standard voting period of 7 days, and the current approval rate reaching 99.73%.

ChainCatcher news, according to market news, ZK International Group (ZKIN) is seeking to accept cryptocurrency payments, including Bitcoin, to enhance transactions with global suppliers, vendors, and customers.

ChainCatcher news, a16z stated that several improvements have been made to the performance and usability of its zkVM Jolt, with validator costs significantly reduced, dropping from several MB proof sizes in April to about 200 KB, and can be further reduced to 25 KB; the prover is expected to accelerate by 3 times; supports the Rust standard library, etc.

ChainCatcher news, ZK full-chain data proof platform Brevis Network announced the completion of a $7.5 million seed round financing, led by Polychain Capital and Binance Labs, with participation from IOSG Ventures, Nomad Capital, Bankless Ventures, HashKey Capital, and others.According to reports, Brevis is a ZK co-processor or computing network designed to enhance blockchain scalability through ZK proofs. By performing complex tasks such as data processing off-chain and only sending verified proofs back to the blockchain, Brevis aims to alleviate the workload of the blockchain, increase speed, and reduce costs.

ChainCatcher news, Zypher co-founder Maggie Wang announced at the "DeInsight 2024" annual summit during the "Insights from Innovators" roundtable that the Zypher Network, in collaboration with Linea, has launched the world's first ZK-driven game-specific Layer 3 network, Zytron Pioneer, which has achieved stable operation after testing. Zytron Pioneer will kick off the L3 Player Carnival event this month in partnership with the Galxe platform, inviting players to win generous rewards such as game assets, stablecoins, and loyalty points through cross-chain bridging, gaming, and staking.Maggie stated that Zypher Network is the first project to combine ZK and AI technologies to build a universal data verification layer, focusing on the security and verifiability of game assets. Through ZK-Proof mining incentives, Zypher ensures data privacy protection and credibility, allowing Web 2.0 games to seamlessly migrate to the blockchain ecosystem. Its modular zero-knowledge proof technology and server abstraction support the public verification of each game asset's state, ensuring players have a high-quality gaming experience while enhancing the flexibility and efficiency of game deployment. Zypher Network aims to create more potential opportunities for on-chain gaming through these innovative technologies.

ChainCatcher news, the ZKsync community ZK Nation posted on X stating that the ZKsync Ignite Program TPP 001 proposal "Distribute 325 million ZK tokens within 9 months" has opened for voting, with a standard voting period of 7 days, and the current approval rate is 99.73%.The proposal suggests distributing 325 million ZK tokens within 9 months, of which 300 million will be allocated to users through six minters (with a cap of 50 million each), and an additional 25 million tokens will be managed by four minters to cover management and unforeseen costs. The proposal aims to establish a DeFi liquidity hub on the ZKsync Era and enhance the liquidity of all interoperable ZK chains (Elastic Chain).

ChainCatcher message, Polygon Zero team member Daniel Lubarov posted on X: "Plonky3 can now process over 2 million Poseidon2 hashes per second. The recent acceleration is mainly related to memory: avoiding copies, skipping zeroing, merging some FFT steps to keep content in cache, etc."In response, Vitalik Buterin stated: "2 million hash/s = 62 MB/s of Merkling is enough to completely re-hash the theoretically maximum size Ethereum consensus state within a single slot, now please execute blake3 or sha256."Polygon co-founder Sandeep expressed gratitude for Vitalik's praise of Polygon's ZK contributions and stated that they will continue to work hard.

ChainCatcher news, the ZKsync community ZK Nation stated that the ZKsync Ignite Program TPP 001 proposal "Distributing 325 million ZK tokens within 9 months" has been submitted on-chain after feedback from representatives and multiple iterations, with voting set to begin around 01:00 on November 6.The proposal suggests distributing 325 million ZK tokens over 9 months, with 300 million allocated to users through six minters (with a cap of 50 million each), and an additional 25 million tokens managed by four minters to cover management and unforeseen costs. This proposal aims to establish a DeFi liquidity hub on ZKsync Era and enhance the liquidity of all interoperable ZK chains (Elastic Chain).

ChainCatcher news, zkLink Core DAO has decided to postpone its token allocation plan (originally scheduled to start on October 22) by six months, involving 40.5% of the total supply of ZKL.The zkLink team and advisors will start receiving tokens from early private sale buyers on April 22, 2025, and the total amount of vested tokens will remain unchanged.This move comes ahead of a series of planned token unlocks.

ChainCatcher message, Ethereum co-founder Vitalik Buterin mocked the marketing copy of software company Splunk, which calls its project XSIAM using zero-knowledge proof technology an "unverified solution," saying, "This is what ZK project advertising looks like to the average person."

ChainCatcher news, according to the official announcement, Binance has now completed the integration of USDC on the ZKsync Era network and has opened deposit and withdrawal services.

ChainCatcher message, Wombat Exchange posted on X that it has received reports that the DEX Velocore on the ZKsync chain has forked Wombat's design without authorization. Please proceed with caution, as unauthorized copies may pose risks.

ChainCatcher news, Oak Grove Ventures announced an investment in the real-time ZK proof network service provider ZEROBASE. The participants in this round of financing also include several well-known institutions such as Binance Labs, Lightspeed Faction, Matrix Partners, and IDG.ZEROBASE, launched by Salus, is dedicated to creating a privacy-preserving computing network tailored for ZK use cases. The project aims to be an innovator in ZK technology, providing a solution that coexists privacy and transparency without compromise. ZEROBASE has built the fastest privacy-preserving prover network, directly addressing the efficiency and confidentiality issues associated with ZK proof generation.Oak Grove Ventures is a fund focused on early investments in the cryptocurrency and Web3 space. This investment demonstrates confidence in ZEROBASE's potential to advance the development of ZK technology and privacy-preserving computing. This investment is expected to accelerate the adoption of ZK technology across various application scenarios and promote the development of innovative solutions that balance privacy protection and transparency.

ChainCatcher news, according to official sources, the real-time ZK proof network ZEROBASE launched by Salus has announced the completion of a $5 million financing round. The main investors include Binance Labs, Faction VC, and DAO5, with other investors such as MPCI, IDG Capital, Symbolic Capital, OAK Grove Ventures, 10K Ventures, PAKA, Web3port, K24 Ventures, and Rootz Labs.ZEROBASE is used to build a real-time zero-knowledge (ZK) proof network, aiming to provide privacy protection and the fastest decentralized computing infrastructure globally.

ChainCatcher news, the privacy data oracle protocol zkPass has completed a $12.5 million Series A funding round with a token valuation of $100 million, with participation from dao5, Animoca Brands, Flow Traders, Amber Group, IOBC Capital, Signum Capital, MH Ventures, and WAGMI Ventures. The Series A funding brings zkPass's total funding to $15 million.The zkPass token is expected to launch in the first quarter of next year.According to RootData, zkPass is a privacy data protocol that utilizes 3P-TLS and hybrid ZK technology, providing tools and applications for secure and verifiable data sharing from any HTTPS website without the need for Oauth API, while ensuring privacy and integrity guarantees.

ChainCatcher news, ZKsync has released its first governance proposal, named ZKsync Ignite. This proposal plans to transform ZKsync Era into a liquidity hub for Elastic Chains.To achieve this goal, 300 million ZK tokens will be distributed to DeFi users over the next 9 months. The proposal has been published on the ZK Nation forum, aiming to further promote and expand the development of the ZKsync ecosystem.

ChainCatcher news, Lightec founder Weji delivered a speech titled "Building a Fully Decentralized Crypto World" at the Web3 Ecosystem Consensus Conference during Blockchain International Week.In the speech, Weji introduced the concept of full lifecycle decentralization and elaborated in detail on various aspects such as product design, technology development, economic models and revenue distribution, as well as operations and governance, using Lightec's flagship product zkBTC as an example.At the same time, Weji revealed that zkBTC will drive large-scale airdrops, which, based on ICP Chain Fusion technology, can support airdrop actions for hundreds of thousands of users.

ChainCatcher news, the ZKP acceleration project Cysic Network announced a partnership with Ethereum L2 Scroll to integrate zero-knowledge computing capabilities into the blockchain to accelerate Ethereum's scalability.It is reported that the focus of this collaboration is to enhance the transaction efficiency and security on the Ethereum blockchain by integrating Cysic's cutting-edge zero-knowledge (ZK) computing technology.Cysic is known to be developing two hardware products, ZK Air and ZK Pro, which are planned to be launched in 2025. These two products are designed to manage a large number of transactions without compromising speed or security. Cysic stated that it will prioritize "supporting the latest verification technology of Scroll on hardware products." ZK Air is a portable solution that accelerates the generation of ZK proofs in various environments. ZK Pro is designed similarly to traditional mining equipment, focusing on enhancing the generation of ZK proofs for large-scale applications.At the same time, Cysic's testnet Cysic Network is set to launch Phase II this month, allowing users to participate in Scroll's ZKP proofs and acceleration by contributing computing power and earning rewards.