About RISC Zero

Risc Zero develops the Boundless Verifiable Compute Layer, utilizing Zero Knowledge Proofs to enhance blockchain scalability and accessibility. This technology enables developers to create high-performance, cost-effective applications without requiring deep cryptographic expertise, significantly reducing gas fees and accelerating the development cycle.

```xml <problem> Blockchain applications face scalability and cost challenges due to the computational overhead of on-chain execution. Developers often require specialized cryptographic expertise to implement zero-knowledge proofs, hindering broader adoption. </problem> <solution> Risc Zero offers a Boundless Verifiable Compute Layer that leverages zero-knowledge proofs to enable scalable and cost-effective off-chain computation for blockchain applications. The platform's zkVM allows developers to write code in Rust, a familiar high-level language, rather than complex cryptographic circuits. This approach significantly reduces gas fees and accelerates the development cycle by enabling computations to be performed off-chain and then verified on-chain using succinct proofs. The Universal Verifier allows seamless proof verification across major blockchains, enhancing interoperability and expanding the reach of applications. </solution> <features> - zkVM supporting popular Rust crates for rapid prototyping - SNARK wrapper for STARKs, enabling faster proof generation - Universal Verifier for cross-chain proof verification - EVM alignment, allowing execution of Solidity contracts in the zkVM - Open-source codebase continuously improved by the community - Support for rollups, EVM development, and scalable data availability </features> <target_audience> The primary target audience includes blockchain developers, Web3 entrepreneurs, and enterprises seeking to build scalable, secure, and cost-effective decentralized applications. </target_audience> ```

What does RISC Zero do?

Where is RISC Zero located?

RISC Zero is based in Seattle, United States.

When was RISC Zero founded?

RISC Zero was founded in 2022.

How much funding has RISC Zero raised?

RISC Zero has raised 54000000.

Location

Seattle, United States

Founded

2022

Funding

54000000

Employees

40 employees

Major Investors

Blockchain Capital

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RISC Zero

Score: 100/100

AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

risczero.com 2K+

Crunchbase

Founded 2022 – Seattle, United States

Funding

Estimated Funding

$54M+

Major Investors

Blockchain Capital

Team (40+)

Frank Laub

CTO

Company Description

Problem

Blockchain applications face scalability and cost challenges due to the computational overhead of on-chain execution. Developers often require specialized cryptographic expertise to implement zero-knowledge proofs, hindering broader adoption.

Solution

Risc Zero offers a Boundless Verifiable Compute Layer that leverages zero-knowledge proofs to enable scalable and cost-effective off-chain computation for blockchain applications. The platform's zkVM allows developers to write code in Rust, a familiar high-level language, rather than complex cryptographic circuits. This approach significantly reduces gas fees and accelerates the development cycle by enabling computations to be performed off-chain and then verified on-chain using succinct proofs. The Universal Verifier allows seamless proof verification across major blockchains, enhancing interoperability and expanding the reach of applications.

Features

zkVM supporting popular Rust crates for rapid prototyping

SNARK wrapper for STARKs, enabling faster proof generation

Universal Verifier for cross-chain proof verification

EVM alignment, allowing execution of Solidity contracts in the zkVM

Open-source codebase continuously improved by the community

Support for rollups, EVM development, and scalable data availability

Target Audience

The primary target audience includes blockchain developers, Web3 entrepreneurs, and enterprises seeking to build scalable, secure, and cost-effective decentralized applications.