Horizen Labs provides modular zero-knowledge (ZK) solutions that significantly reduce proof verification costs by over 90% for ZK rollups and applications. Their technology fosters a scalable and developer-friendly ecosystem for decentralized applications on an EVM-compatible smart contract platform.
Funding
$7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Zero-knowledge (ZK) rollups and applications face high proof verification costs, hindering scalability and widespread adoption. Current solutions lack modularity and developer-friendly tools, creating barriers to entry for building decentralized applications (dApps).
Solution
Horizen Labs offers modular zero-knowledge (ZK) solutions designed to significantly reduce proof verification costs for ZK rollups and applications. Their technology aims to foster a scalable and developer-friendly ecosystem for decentralized applications on an EVM-compatible smart contract platform. By reducing verification costs by over 90%, Horizen Labs enables more efficient and sustainable scaling for Web3 projects. The platform provides tools and infrastructure for developers to build and deploy ZK-enabled dApps, promoting innovation and accessibility within the ZK space.
Target Audience
The primary target audience includes Web3 developers, blockchain architects, and enterprises seeking to implement scalable and cost-effective ZK solutions for decentralized applications.
Features
- Modular ZK solutions for customizable integration into various blockchain architectures.
- Reduced proof verification costs by over 90% for enhanced scalability.
- EVM-compatible smart contract platform for seamless dApp deployment.
- Developer-friendly tools and resources to simplify ZK application development.
- Support for ZK rollups, enabling faster and cheaper transactions.
- Advanced cryptographic hash functions optimized for ZK applications, including Poseidon2 and Monolith.