Telos Companions with Ponos Era to Assemble {Hardware}-Sped up Ethereum L2 zkEVM Community

[PRESS RELEASE – Dubai, United Arab Emirates, April 19th, 2024]

The Telos Substructure these days introduced that it’s going to paintings with Ponos Era, the well-known 0 Wisdom Evidence (ZKP) analysis and construction company, to form an end-to-end optimized, hardware-accelerated Ethereum Layer 2 community that includes SNARKtor, the Telos-developed decentralized recursive evidence aggregator. The groups will jerk a hardware-software co-design method that may assistance release fresh chances in the case of immense scalability, larger knowledge coverage and trustless interoperability for Ethereum customers globally.

Ponos Era supplies end-to-end optimized answers for ZK proving, which is basically accomplished by means of leveraging FPGA acceleration, thus maximizing trade worth streams thru cost-performance optimized computation by means of similar hardware-software co-designed modules and devoted execution environments. The group features a distinctive mix of skilled scientists and extremely professional trade professionals that experience collected deep technical wisdom on all sides of ZKPs.

“Zero Knowledge technology is going to become increasingly mainstream and can open the door to increased efficiency and security across so many industries,” mentioned Slobodan Lukovic, CEO and co-founder, Ponos Era. “Similarly to AI, steady enhancements in algorithms coupled with advancements in underlying hardware infrastructures will enable commoditization of ZKPs and result in the technology being widely adopted in the near future.”

Telos can be running with a number of alternative fresh companions all through the improvement cycle, together with:

• Virtual M.O.B. – Some of the most powerful Ethereum developer groups on the planet, having labored on initiatives together with MetaMask, MakerDAO and Gnosis, amongst others.
• ATKA – A Paris-based end-to-end Web3 incubator that has helped incubate global magnificence initiatives equivalent to Morpho and Mangrove, and whom Telos introduced a strategic partnership with in March 2024.
• Cometh – An award-winning dev group led by means of ETH France President Jerome de Tychey, who joined Telos as a technical EVM guide additionally in March 2024.

Telos Govt Director John Lilic, who helped manage pioneering groups at Consensys and Polygon along with keeping up his position as a Supremacy 50 Web3 angel investor, will assistance coordinate and assistance the transformation. He’ll paintings carefully with Alberto Garoffolo, Head of ZK generation at Telos and co-author of the SNARKtor whitepaper, and Jesse Schulman, CTO and Head of Engineering at Telos.

“Fundamentally, Ethereum will need to take a hardware-software co-design approach in order to realize zkEVM performance at tremendous scale,” mentioned Lilic. “That’s the approach we’re taking with Ponos Technology and our growing partner network as we build a hardware-accelerated zkEVM L2. We believe that this formula, alongside the exciting work our team is doing with recursive proofs via SNARKtor, is going to offer compelling services to the Ethereum community and beyond.”

Telos was once created in 2018 thru a good reduce community inauguration that didn’t come with an ICO nor token sale. Over the while six years, the Telos Substructure has helped steward the improvement of 2 number one networks – Telos EVM and Telos 0 – and can now additionally center of attention on development a extremely performant and succinctly provable L2 zkEVM.

Alternative main points at the Telos L2 will proceed to be introduced within the manage as much as EthCC in July, for which Telos is a number one sponsor. Reside in Brussels from EthCC, the Telos group plans to broadcast its first-ever demo of SNARKtor to the sector as a precursor to the reputable inauguration of the Telos L2.

About Telos

Telos is a decentralized blockchain ecosystem that incorporates Telos EVM, which examined because the quickest Ethereum Digital System globally, and its high-speed consensus layer, Telos 0. The venture may be occupied with increasing its functions with brochure 0 Wisdom generation throughout the construction of a hardware-accelerated Ethereum Layer 2 community powered by means of SNARKtor, which guarantees to make stronger privateness and scalability for international virtue circumstances. Telos is overseen by means of The Telos Substructure, an ownerless footing devoted to advancing the Telos blockchain community and its nation.