The post zkVerify Launches Mainnet To Cut ZKP Verification Costs appeared on BitcoinEthereumNews.com. Horizen Labs, a zero-knowledge cryptography platform, is rolling out its dedicated layer-1 blockchain for private data verification. ZkVerify, a new L1 blockchain designed for zero-knowledge proof (ZK-proof) verification, announced its mainnet launch on Tuesday. “ZkVerify’s mission is to remove the economic and technical barriers to ZK adoption,” Horizen Labs CEO and zkVerify founder Rob Viglione told Cointelegraph. “Even though verification is typically seen as the ‘cheapest’ part of the ZK value chain, it is still far too costly and inefficient to support real-world scale,” Viglione said. What is ZKP verification? ZKP verification is a cryptographic method that allows one party to prove a statement to another without disclosing the underlying information or data itself. A common example is verifying age eligibility to access a service without requiring the disclosure of an entire ID or other personal details. With a ZKP volume estimated at around $100 million and 4.4 billion proofs as of 2025, the ZK proving market is expected to reach $1.5 billion by 2030, according to data from leading industry platforms Chorus, Aligned and Horizen Labs. ZK proving market predictions. Source: Delphi Digital “Right now, many chains and apps can be slowed down or more expensive because verifying those proofs on Ethereum or another chain can be significantly more expensive,” Viglione said. According to zkVerify, ZKP verification on networks like Ethereum can cost up to $60 per proof during high congestion, with verification consuming up to 300,000 gas units. zkVerify promises to enable cost reduction of at least 90% compared to verifying directly on L1s. “Heavy math instead of original app or chain” To cut verification costs, zkVerify provides a dedicated verification layer by separating proof verification from settlement on L1s. “zkVerify checks a ZK-proof by doing the heavy math instead of the original app or chain,” Viglione told… The post zkVerify Launches Mainnet To Cut ZKP Verification Costs appeared on BitcoinEthereumNews.com. Horizen Labs, a zero-knowledge cryptography platform, is rolling out its dedicated layer-1 blockchain for private data verification. ZkVerify, a new L1 blockchain designed for zero-knowledge proof (ZK-proof) verification, announced its mainnet launch on Tuesday. “ZkVerify’s mission is to remove the economic and technical barriers to ZK adoption,” Horizen Labs CEO and zkVerify founder Rob Viglione told Cointelegraph. “Even though verification is typically seen as the ‘cheapest’ part of the ZK value chain, it is still far too costly and inefficient to support real-world scale,” Viglione said. What is ZKP verification? ZKP verification is a cryptographic method that allows one party to prove a statement to another without disclosing the underlying information or data itself. A common example is verifying age eligibility to access a service without requiring the disclosure of an entire ID or other personal details. With a ZKP volume estimated at around $100 million and 4.4 billion proofs as of 2025, the ZK proving market is expected to reach $1.5 billion by 2030, according to data from leading industry platforms Chorus, Aligned and Horizen Labs. ZK proving market predictions. Source: Delphi Digital “Right now, many chains and apps can be slowed down or more expensive because verifying those proofs on Ethereum or another chain can be significantly more expensive,” Viglione said. According to zkVerify, ZKP verification on networks like Ethereum can cost up to $60 per proof during high congestion, with verification consuming up to 300,000 gas units. zkVerify promises to enable cost reduction of at least 90% compared to verifying directly on L1s. “Heavy math instead of original app or chain” To cut verification costs, zkVerify provides a dedicated verification layer by separating proof verification from settlement on L1s. “zkVerify checks a ZK-proof by doing the heavy math instead of the original app or chain,” Viglione told…

zkVerify Launches Mainnet To Cut ZKP Verification Costs

3 min read

Horizen Labs, a zero-knowledge cryptography platform, is rolling out its dedicated layer-1 blockchain for private data verification.

ZkVerify, a new L1 blockchain designed for zero-knowledge proof (ZK-proof) verification, announced its mainnet launch on Tuesday.

“ZkVerify’s mission is to remove the economic and technical barriers to ZK adoption,” Horizen Labs CEO and zkVerify founder Rob Viglione told Cointelegraph.

“Even though verification is typically seen as the ‘cheapest’ part of the ZK value chain, it is still far too costly and inefficient to support real-world scale,” Viglione said.

What is ZKP verification?

ZKP verification is a cryptographic method that allows one party to prove a statement to another without disclosing the underlying information or data itself. A common example is verifying age eligibility to access a service without requiring the disclosure of an entire ID or other personal details.

With a ZKP volume estimated at around $100 million and 4.4 billion proofs as of 2025, the ZK proving market is expected to reach $1.5 billion by 2030, according to data from leading industry platforms Chorus, Aligned and Horizen Labs.

ZK proving market predictions. Source: Delphi Digital

“Right now, many chains and apps can be slowed down or more expensive because verifying those proofs on Ethereum or another chain can be significantly more expensive,” Viglione said.

According to zkVerify, ZKP verification on networks like Ethereum can cost up to $60 per proof during high congestion, with verification consuming up to 300,000 gas units. zkVerify promises to enable cost reduction of at least 90% compared to verifying directly on L1s.

“Heavy math instead of original app or chain”

To cut verification costs, zkVerify provides a dedicated verification layer by separating proof verification from settlement on L1s.

“zkVerify checks a ZK-proof by doing the heavy math instead of the original app or chain,” Viglione told Cointelegraph, adding:

Decentralized ID, gaming, DeFi lending among use cases

Among real zkVerify use cases, Viglione mentioned the decentralized ID, verified trading predictions, decentralized finance lending, gaming and more.

“The easiest way to interact with zkVerify is via our relayer interface, which is as easy as an API to use, and constantly growing in capabilities,” he said, adding that the blockchain “works quietly in the background,” so the user should not need to actively think about how it works.

Related: Vitalik slams EU’s Chat Control: ‘We all deserve privacy and security’

He also highlighted zkVerify’s capability to verify many different proof types with its modular architecture as well as multichain optionality, enabling teams to verify once and attest to Ethereum, Base, Arbitrum, Optimism and other chains without lock-ins.

ZkVerify’s mainnet launch comes months after the Ethereum Foundation announced plans to integrate its ZK Ethereum Virtual Machine (zkEVM) directly into its L1 blockchain within a year.

The planned integration would bring significant changes to zkEVM’s block execution, letting validators verify multiple proofs from different zkVMs instead of re-executing block transactions.

Magazine: Can privacy survive in US crypto policy after Roman Storm’s conviction?

Source: https://cointelegraph.com/news/zkp-verification-layer1-blockchain-zkverify-mainnet-launch?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

Market Opportunity
zkPass Logo
zkPass Price(ZKP)
$0.07793
$0.07793$0.07793
-4.70%
USD
zkPass (ZKP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

GBP/USD rises as Fed rate cut odds boost Sterling

GBP/USD rises as Fed rate cut odds boost Sterling

The post GBP/USD rises as Fed rate cut odds boost Sterling appeared on BitcoinEthereumNews.com. GBP/USD resumes its uptrend on Friday, trimming some of Thursday’s losses as the US Dollar (USD) recovers some ground. Inflation data in the US kept steady the chances of a Federal Reserve (Fed) cut at the December meeting, weighing on the Greenback. At the time of writing, the pair trades at 1.3349, up 0.19%. GBP/USD rallies as US Core PCE reaffirms Fed rate cut in December The Core Personal Consumption Expenditures (PCE) Price Index, the Fed’s favorite inflation gauge, which excludes food and energy, rose by 0.2% MoM in September, unchanged from August and aligned with estimates. In the twelve months to September, it ticked lower from 2.9% to 2.8%. At the same time, the University of Michigan Consumer Sentiment in December rose to 53.3, above estimates of 52 and up from November’s final reading of 51. Joanne Hsu, the Director of the Surveys of Consumer, noted that “consumers see modest improvements from November on a few dimensions, but the overall tenor of views is broadly somber.” Americans’ one-year inflation expectations in December dipped from 4.5% to 4.1%. For a five-year period, it decreased from 3.4% in November to 3.2%. Given the backdrop, expectations for a 25 basis points (bps) Fed rate cut next week remained unchanged at 84%, as revealed by Capital Edge Rate Expectations Overview data. Source: Capital Edge After the data release, GBP/USD bounced towards 1.3350 after meandering around 1.3340 as the US Dollar tumbled to expectations of further easing. In a note, Morgan Stanley said it expects a 25-bps cut in December, in January, and in April of 2026. They expect the Fed funds rate to end at 3%-3.25%. The British Pound (GBP) shrugged off worries about last month’s budget, while business activity showed some improvement, according to S&P Global. Despite this, the Bank of England…
Share
BitcoinEthereumNews2025/12/06 02:24
Crossmint Partners with MoneyGram for USDC Remittances in Colombia

Crossmint Partners with MoneyGram for USDC Remittances in Colombia

TLDR Crossmint enables MoneyGram’s new stablecoin payment app for cross-border transfers. The new app allows USDC transfers from the US to Colombia, boosting financial inclusion. MoneyGram offers USDC savings and Visa-linked spending for Colombian users. The collaboration simplifies cross-border payments with enterprise-grade blockchain tech. MoneyGram, a global leader in remittance services, launched its stablecoin-powered cross-border [...] The post Crossmint Partners with MoneyGram for USDC Remittances in Colombia appeared first on CoinCentral.
Share
Coincentral2025/09/18 21:02
MOEX to Launch $XRP Indices/Futures: $MAXI Adoption Grows

MOEX to Launch $XRP Indices/Futures: $MAXI Adoption Grows

The post MOEX to Launch $XRP Indices/Futures: $MAXI Adoption Grows appeared on BitcoinEthereumNews.com. MOEX to Launch $XRP Indices/Futures: $MAXI Adoption
Share
BitcoinEthereumNews2026/02/04 06:00