The Zk track Succinct rebounded by 50% today. 📌 Zk is making a strong comeback, and there’s another giant in the Zk track that hasn’t issued tokens yet: @boundless_xyz. The project can be summed up in one word: solid. ▪️ Solid financing Three rounds of financing totaling $54 million. ▪️ Solid technology Building ultra-secure decentralized storage and cross-chain computing using zero-knowledge proofs. ▪️ Solid team Core positions in the team come from the upper management of RISC Zero. @boundless_xyz also has a background as a sub-protocol under @RiscZero. RISC Zero developed the first fully open-source, free general-purpose ZK computing platform based on the RISC-V architecture (zkVM). ▪️ The ZK field has always struggled to achieve large-scale commercial deployment, primarily due to computing costs and hardware barriers. #boundless leverages RISC Zero's zkVM technology, which precisely addresses these two core issues. In July alone, the project executed over a hundred million ZK proofs, equivalent to a supercomputer running at high load for several days. @boundless_xyz has also reduced costs by optimizing STARK/SNARK algorithms and established a decentralized computing power market through the PoVW mechanism. Recently launched silver/gold tasks allow ordinary people to participate in proof requests and computing power supply, enabling various participants to find their place from lightweight interactions to long-term online nodes.
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