Astar Receives Web3 Grant

Published on: 13.07.2021
Astar Receives Web3 Grant

Astar Network received a Web3 Open Grant to implement a Zk Plonk pallet on Polkadot.

The ZK Plonk is originally created by Aztec. The ZK proofs are a type of proof where a prover can prove a statement without disclosing any information. There are some famous ZK systems like zk-SNARKs, zk-STARKs. In terms of ZK proofs, there are two different main procedures, sender’s proof generation, and prover’s proof verification.

The ZK plonk is called “Universal zkSNARK” because of the following two reasons. First, the verification times are constant and the original reference string can be used to build proofs with any type of Circuit. This means that the reference string is universal, and we do not need to re-create a trusted setup for every circuit created. These features bring significant benefits to both users and developers.

For example, the verification times are the same so users don’t have to wait so long even though they try to prove a complicated proof, and the original reference string can be reused many times so that developers don’t have to set up a trusted environment for each Circuit. The plonk will be a core technology in terms of scaling and privacy solutions.

Through this grant, they are going to make a plonk Substrate pallet in order for Polkadot developers to implement the ZK Plonk on Substrate easily. ZK is the key privacy and scaling solution in the long run. Astar Network is the dApp hub on Polkadot supporting Ethereum Virtual Machine, WebAssembly, and Layer2 solutions. Currently, layer2 is one of the features for us that won’t be needed in the very short run. However, they believe it is very important to implement the latest layer2 solution on Astar Network since we are making an open, transparent, and decentralized public blockchain for billions of people.

What is Astar?

Astar Network is a dApp hub on Polkadot that supports Ethereum and layer 2 solutions like ZK Rollups. Astar aims to be a multi-chain smart contract platform that will support multiple blockchains and virtual machines like EVM and WASM.

📰 INFO:

https://medium.com/astar-network/astar-receives-a-web3-grant-to-implement-zk-plonk-on-polkadot-c9d31aed197b

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