Telos and Ponos Innovation Collaborate on Hardware-Accelerated Ethereum L2 zkEVM

The Telos Structure has actually revealed a tactical collaboration with Ponos Innovation, a leading Absolutely no Understanding Evidence (ZKP) research study and advancement company, to establish an end-to-end enhanced, hardware-accelerated Ethereum Layer 2 network

The brand-new L2 will include SNARKtor, a decentralized recursive evidence aggregator established by Telos and IOHK to scale SNARKs confirmations in blockchains.

TLDR

Telos has actually partnered with Ponos Innovation to establish a hardware-accelerated Ethereum Layer 2 zkEVM network including SNARKtor.
SNARKtor is a decentralized recursive evidence aggregator established by Telos and IOHK to scale SNARKs confirmations in blockchains.
The brand-new Telos L2 is being created with a hardware-software co-design technique for much better scalability, information defense, and interoperability.
Telos will team up with Digital M.O.B., ATKA, and Cometh throughout the advancement cycle.
The Telos group prepares to show SNARKtor at EthCC in July, before the main launch of the Telos L2.

The statement was made by Telos Executive Director John Lilic throughout his keynote speech at TOKEN2049 in Dubai, where Telos was a title sponsor.

The collaboration in between Telos and Ponos Innovation intends to open brand-new possibilities in regards to huge scalability, higher information defense, and trustless interoperability for Ethereum users internationally.

Ponos Innovation brings its knowledge in end-to-end enhanced options for ZK proving, leveraging FPGA velocity to optimize company worth streams through cost-performance enhanced calculation.

The group at Ponos Innovation includes skilled researchers and extremely proficient market professionals with deep technical understanding in all elements of ZKPs.

Slobodan Lukovic, CEO and co-founder of Ponos Innovation, highlighted the growing value of Absolutely no Understanding innovation, specifying that consistent improvements in algorithms and improvements in underlying hardware facilities will make it possible for the commoditization of ZKPs and lead to extensive adoption in the future.

The advancement of the Telos L2 will be a collective effort, with Telos working along with numerous other partners, consisting of Digital M.O.B., ATKA, and Cometh.

Digital M.O.B. is among the greatest Ethereum designer groups on the planet, having actually dealt with jobs such as MetaMask, MakerDAO, and Gnosis. ATKA is a Paris-based end-to-end Web3 incubator that has actually assisted nurture first-rate jobs like Morpho and Mangrove.

Cometh, led by ETH France President Jerome de Tychey, signed up with Telos as a technical EVM consultant in March 2024.

John Lilic, who has actually formerly led pioneering groups at ConsenSys and Polygon and is a Leading 50 Web3 angel financier, will collaborate and support the change.

He will work carefully with Alberto Garoffolo, Head of ZK innovation at Telos and co-author of the SNARKtor whitepaper, and Jesse Schulman, CTO and Head of Engineering at Telos.

Lilic highlighted the value of a hardware-software co-design technique for Ethereum to understand zkEVM efficiency at an incredible scale.

He thinks that the technique taken by Telos and Ponos Innovation, along with the work being finished with recursive evidence by means of SNARKtor, will use engaging services to the Ethereum neighborhood and beyond.