QED is a zk-native blockchain protocol that enables high-speed, trustless computation with a capacity of over 1,000,000 transactions per second, utilizing a novel state model for massively parallel transaction proving. It allows Web2 developers to create smart contracts in popular programming languages like JavaScript and Python, addressing the scalability challenges that hinder blockchain adoption.
Funding
$10.4M 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
Existing blockchain protocols face scalability limitations, hindering their ability to support a large number of concurrent users and transactions, which impedes wider adoption. Developers also face challenges due to the complexity of smart contract development and the limited choice of programming languages.
Solution
QED is a zk-native blockchain protocol designed to address scalability and developer accessibility. It utilizes a novel state model called zk-PARTH, enabling massively parallel transaction proving and block generation, achieving over 1,000,000 transactions per second. The protocol supports smart contracts written in popular programming languages like JavaScript, TypeScript, and Python, allowing Web2 developers to transition to Web3 development more easily. QED's architecture aims to provide trustless computation and enhanced privacy without the overhead of a zk-VM, reducing fees and preserving user privacy.
Target Audience
The primary target audience includes Web2 developers looking to build decentralized applications, as well as enterprises seeking a scalable and efficient blockchain solution.
Features
- zk-PARTH state model for massively parallel transaction proving and block generation
- Support for smart contracts written in JavaScript, TypeScript, and Python
- Dapen Browser IDE for coding, debugging, and deploying smart contracts
- First-party IDE plugins and tooling for VSCode
- Native zk-SNARK integration for transaction proving