The startup operates a zero-knowledge oracle network for Ethereum, utilizing zero-knowledge proofs to facilitate secure off-chain computation for tasks such as automation and machine learning inference. This technology enhances the functionality and reliability of smart contracts, enabling developers to create more sophisticated decentralized applications without compromising on trust or security.
Funding
$23M 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.
+78Founders
Product
Problem
Smart contracts on Ethereum are limited by on-chain computational constraints, making it difficult to execute complex tasks like automation and machine learning inference directly on the blockchain. This limitation restricts the functionality and sophistication of decentralized applications (dApps).
Solution
This startup provides a zero-knowledge oracle network that enables secure off-chain computation for Ethereum smart contracts. By leveraging zero-knowledge proofs, the network allows developers to execute computationally intensive tasks, such as automation rules and machine learning model inference, without compromising the security or trust assumptions of the blockchain. This approach expands the capabilities of smart contracts, allowing for more complex and feature-rich decentralized applications. The network ensures that computations are verifiable and tamper-proof, even though they are performed off-chain.
Target Audience
The primary target audience includes Ethereum developers and organizations building decentralized applications (dApps) that require complex computations or access to external data sources.
Features
- Zero-knowledge proofs for verifiable off-chain computation
- Secure oracle network for data retrieval and computation execution
- Support for automation rules and machine learning inference
- Compatibility with Ethereum smart contracts
- Trustless and tamper-proof execution environment