Lumoz, a leading ZK & AI modular compute layer, has achieved significant milestones in its third incentivized testnet. The event attracted over 1 million users and garnered support from 30 leading ecosystem projects, setting records for market interest and community growth. The Lumoz team has made substantial optimizations to the ZK-PoW algorithm, enhancing ZKP generation efficiency by approximately 50%. These improvements include a streamlined verification process, reducing on-chain costs by 50-60% and the time to reach a trusted state by 30%. The team also introduced recursion to improve proof generation efficiency, allowing for more granular task division and efficient allocation of computational power. Additionally, they optimized the allocation of computational power by reusing computation results and leveraging precomputation to utilize idle resources. These optimizations retain the decentralized and market-driven pricing mechanism for ZK computational power while reducing costs for miners and enhancing ZKP generation efficiency.
hackernoon.com
hackernoon.com
Create attached notes ...