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Brevis revolutionizes Ethereum: Lightning-fast validation for everyone!
Brevis Achieves Breakthrough 99.6% Verification Speed on Ethereum, Revolutionizing Cost and Efficiency for Developers.
Brevis revolutionizes Ethereum: Lightning-fast validation for everyone!
Brevis has made a remarkable advancement in technology for the Ethereum blockchain. Loud Crypto News Real-time coverage of 96.8% was achieved for Ethereum blocks, which is very close to the Ethereum Foundation's goals of sub-ten second proof time. This development shows that the Pico Prism zkVM has achieved an impressive 99.6% coverage for Ethereum blocks under 12 seconds, significantly expanding the possibilities for the platform.
The technology provided enables a 50% reduction in the cost of GPU hardware required for operation. Brevis CEO Mo Dong notes that the infrastructure is capable of handling Ethereum’s current production levels, indicating a transition to a production-ready system.
Increased efficiency through innovative technology
Ethereum's current consensus mechanism, where over 800,000 validators re-execute every transaction, results in significant computational effort and wasted resources. Pico Prism technology developed by Brevis enables proof through cryptographic proof, enabling a single prover to generate proof that the network can quickly verify.
Brevis is also aiming for full integration of the Ethereum Layer-1 zkEVM, aiming to achieve 99% coverage, sub-ten second proof times, and low-cost hardware by July 2025. These advances could significantly improve Ethereum’s scalability and security.
Practical Applications of Brevis Technology
Developers are already using Brevis' technology for various use cases, such as advanced trading, trustless reward payouts, and verification across different protocols. Platforms benefiting from this innovation include well-known services such as PancakeSwap, Usual and Frax. These broad applications offer a glimpse into an Ethereum future characterized by improved scalability and security.
The progress Brevis has made now puts it in a position where it is just 2.2% away from the proof benchmarks set by the Ethereum Foundation by 2025. The company is working tirelessly to optimize existing infrastructure and develop future-proof solutions that will benefit the Ethereum community.