Zug, Switzerland, June 20th, 2024, Chainwire
Aleph Zero announces significant ecosystem advancements: the first EVM-compatible ZK-Privacy Layer capable of generating zero-knowledge proofs in under one second on consumer-grade devices and zkOS, a product suite for seamless integration of on-chain privacy into various Web3 applications.
The Aleph Zero Foundation is excited to announce the testnet release of its ZK-privacy EVM Layer 2 solution powered by Arbitrum Orbit on Gelato RaaS. This marks the first EVM-compatible privacy solution capable of subsecond ZK proving times, significantly enhancing the end-user experience by making on-chain privacy virtually instantaneous.
Aleph Zero also revealed its long-term strategy to develop zkOS: a client-side, chain-agnostic zero-knowledge privacy system. zkOS aims to offer Privacy-as-a-Service (PaaS) via seamless app integrations on WASM and EVM-compatible networks. These initiatives open Aleph Zero’s ecosystem to a broader range of EVM users and mark its first step towards potential multichain growth.
With zkOS, users can conduct private transactions and interact with dApps without compromising their data. This system enables high-throughput applications, such as privacy-preserving DeFi apps, RWAs, AI, and enterprise solutions, broadening the reach of privacy technologies to a wider audience.
“Privacy is still mostly unsolved; it’s costly, complex to use and build, and its use cases lack economic incentives. With zkOS by Aleph Zero and the zk-privacy EVM layer 2, we aim to change that not only in the Aleph Zero ecosystem, but also in the broader Ethereum ecosystem thanks to the flexibility of Arbitrum Orbit’s stack and our collaboration with the idOS network.” -Antoni Zolciak, Co-founder of Aleph Zero
Aleph Zero’s Substrate-based WASM Layer 1 blockchain, launched in November 2021, offers developers subsecond finality, support for 170 validator nodes, and over 40 external teams building various applications. The Layer 1 will now also serve as the Data Availability layer for the L2 EVM layer, its applications, and its L3 appchains.
The new ZK-privacy EVM Layer 2 Developer Testnet is now live, inviting builders and early adopters. Integration examples include Rarible, the NFT company, and a yet-to-be-announced team working on novel prediction markets. The Developer Mainnet release is scheduled for Q3 2024.
Aleph Zero EVM, a ZK-privacy Layer 2 rollup on Ethereum, is built in partnership with Gelato, leveraging Arbitrum Anytrust DAC technology for a fast, secure, and scalable execution environment. It boasts up to 250ms block times with near-instant transaction finality and processes thousands of transactions per second, making it one of the fastest EVM chains on the market.
“Aleph Zero EVM uses Arbitrum Orbits’ advanced web3 scaling stack–with the most performant developer tooling–to create the most advanced privacy-enhancing blockchain infrastructure on the market.” said Luis Schliesske, Founder of Gelato. “Privacy will become a major narrative in 2024 and beyond, as more mainstream use cases emerge.
Aleph Zero EVM Layer 2 Developer Testnet includes extensive developer tooling from Gelato and third-party infrastructure like oracles, block explorers, and multi-sig, making it a versatile platform.
Aleph Zero’s zkOS uses the Halo2 with KZG commitment scheme for speed and a universally trusted setup. Although it requires more developer effort than alternatives like Noir or Risc0, Aleph Zero’s zkToolkit simplifies zkOS integration, ensuring high performance and ease of use across existing apps in both Aleph Zero and Ethereum ecosystems. Initial benchmarks show zkOS zero-knowledge proofs can be executed in 600-800 ms on standard devices using browsers like Safari or Chrome.
Development Roadmap
The EVM Testnet is unveiled today, with the Mainnet release set for Q3 2024, enabling developers to deploy production-ready apps with optional privacy features. The zkOS MVP is expected by Q3 2024, with ZK identity features in collaboration with idOS and private operations on arbitrary ERC-20 tokens by Q4 2024. Advanced features of zkOS are slated for Q1 2025. For more details, users can visit the roadmap section on alephzero.org.
Use Cases
Confirmed use cases working with Aleph Zero and zkOS include:
- Holyheld: Enhancing card payments with privacy technology.
- DRKVRS: Adding privacy to a unique action RPG game.
- Rarible: the NFT company with Rarible Marketplace being integrated with Aleph Zero.
- See3: Building a new crypto-native ZK content standard.
- idOS: Managing personal data access for dApps.
- Pieces.market: Compliant investment in fractionalized luxury RWAs.
- Upcade.xyz: Setting new standards in web3 gaming.
- Common: Expanding its Private DeFi Suite to the EVM ecosystem via Aleph Zero.
For more information about Aleph Zero EVM and zkOS, users can visit Aleph Zero or join the community on Discord and Telegram.
About Aleph Zero
Aleph Zero is a privacy-first ecosystem of blockchain solutions engineered for speed, data confidentiality, and ease of development, supporting development across WASM-based Rust and EVM-based Solidity environments. Aleph Zero showcases its adaptability across various sectors and applications, supported by an engaged community and growing ecosystem.
For inquiries, users can contact josh@serotonin.co or ana@serotonin.co.
Contact
PR Manager
Josh Adams
Aleph Zero
josh@serotonin.co
Early investors in memecoins like Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) made astronomical returns, and Queen Cardi B (CARDIQUE) presents a similar opportunity for a limited time.
Queen Cardi B (CARDIQUE), a newly launched Solana memecoin, is poised to explode over 14,000% in a matter of days, as former Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) investors pour funds into this new token.
CARDIQUE will be listed on KuCoin, one of the largest centralized exchanges in the world, within a few days – and this is a massively bullish development for the token, as millions of new investors will easily be able to buy Queen Cardi B.
Currently, Queen Cardi B can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy CARDIQUE on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Queen Cardi B by entering its contract address – GJENg6JvfcLYYD7UTAiyWrBq5PirrjV9aiN6hc1cNK7e – in the receiving field.
CARDIQUE currently has a market cap of just under $6,000, with over $2,500 in locked liquidity, meaning it has huge upside potential.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB), Dogecoin (DOGE) and Bonk (BONK) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
Bear Sniper could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Bear Sniper (BEARSNIP), a new Solana memecoin that was launched today, is poised to explode over 14,000% in price in the coming days.
This is because BEARSNIP has announced its first centralized exchange listing, which will be on KuCoin.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Bear Sniper can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Bear Sniper could become the next viral memecoin.
Bear Sniper launched with over $6,000 of locked liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Bear Sniper on Raydium or Jupiter ahead of the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Bear Sniper by entering its contract address – BEGxhgU5JQ1BYQzKbNCdBrBVTVaBxbRAhhnzrDjNzeD6 – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like BEARSNIP.
Daddy Musk (DADMUSK), a new Solana memecoin that was launched today, is poised to explode over 14,000% in price in the coming days.
Currently, Daddy Musk can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Daddy Musk could become the next viral memecoin.
In fact, many early Shiba Inu and Dogecoin investors have been pouring funds into this new Solana memecoin.
Daddy Musk launched with over $3,000 of locked liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Daddy Musk on Raydium or Jupiter ahead of the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Daddy Musk by entering its contract address – 2cknwYhfTymzjMjuWAWPfk92C9C6znpZPEraFN192gnY – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like DADMUSK.
Early investors in memecoins like Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) made astronomical returns, and Queen Cardi B (CARDIQUE) presents a similar opportunity for a limited time.
Queen Cardi B (CARDIQUE), a newly launched Solana memecoin, is poised to explode over 14,000% in a matter of days, as former Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) investors pour funds into this new token.
CARDIQUE will be listed on KuCoin, one of the largest centralized exchanges in the world, within a few days – and this is a massively bullish development for the token, as millions of new investors will easily be able to buy Queen Cardi B.
Currently, Queen Cardi B can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
To buy CARDIQUE on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Queen Cardi B by entering its contract address – GJENg6JvfcLYYD7UTAiyWrBq5PirrjV9aiN6hc1cNK7e – in the receiving field.
CARDIQUE currently has a market cap of just under $6,000, with over $2,500 in locked liquidity, meaning it has huge upside potential.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB), Dogecoin (DOGE) and Bonk (BONK) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
Bear Sniper could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Bear Sniper (BEARSNIP), a new Solana memecoin that was launched today, is poised to explode over 14,000% in price in the coming days.
This is because BEARSNIP has announced its first centralized exchange listing, which will be on KuCoin.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Bear Sniper can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Bear Sniper could become the next viral memecoin.
Bear Sniper launched with over $6,000 of locked liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Bear Sniper on Raydium or Jupiter ahead of the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Bear Sniper by entering its contract address – BEGxhgU5JQ1BYQzKbNCdBrBVTVaBxbRAhhnzrDjNzeD6 – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like BEARSNIP.
Daddy Musk (DADMUSK), a new Solana memecoin that was launched today, is poised to explode over 14,000% in price in the coming days.
Currently, Daddy Musk can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Daddy Musk could become the next viral memecoin.
In fact, many early Shiba Inu and Dogecoin investors have been pouring funds into this new Solana memecoin.
Daddy Musk launched with over $3,000 of locked liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Daddy Musk on Raydium or Jupiter ahead of the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Daddy Musk by entering its contract address – 2cknwYhfTymzjMjuWAWPfk92C9C6znpZPEraFN192gnY – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like DADMUSK.
Stealth Pepe could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Stealth Pepe (STEPEPE), a new Solana memecoin that was launched today, is poised to explode over 16,000% in price in the coming days.
This is because STEPEPE has announced its first centralized exchange listing, which will be on KuCoin.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Stealth Pepe can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Stealth Pepe could become the next viral memecoin.
Stealth Pepe launched with over $6,000 of locked liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Stealth Pepe on Raydium or Jupiter ahead of the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Stealth Pepe by entering its contract address – GrAeqL5a7oQsEZfXQChQWDWxUP4XLZdHZhqT483FN3tS – in the receiving field.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like STEPEPE.
T-Mobile Deutsche Telekom has announced its plans to start mining Bitcoin, expanding its engagement in the cryptocurrency space.
The telecommunications giant, which has been involved in crypto activities, has operated a Bitcoin node since 2023 and is currently running Bitcoin Lightning Network nodes.
At BTC Prague, Dirk Röder, head of Web3 infrastructure and solutions at Deutsche Telekom, shared:
“Since 2023, we are running a Bitcoin node, and we are running Bitcoin Lightning nodes as well […] I like to let you in on a little secret we will engage in digital monetary photosynthesis soon.”
When asked by former Cointelegraph contributor Joseph Hall to elaborate on “digital monetary photosynthesis,” Röder responded with, “We will.”
Deutsche Telekom has been deeply involved in Web3 activities as a Polygon validator since June 2023, utilizing its infrastructure to secure new revenue streams.
As one of 100 validators, Deutsche Telekom has provided staking and validation services on Polygon for over a year, supporting the platform’s proof-of-stake consensus mechanism.
In February, Deutsche Telekom partnered with Fetch.ai, a decentralized artificial intelligence (AI) platform, to establish enterprise AI initiatives.
Acting as a validator on the Fetch.ai blockchain, Deutsche Telekom supports the AI-driven autonomous agents developed by Fetch.ai.
READ MORE: Ripple Calls for Fair Penalty in SEC Case, Cites Terraform Labs Settlement
These agents offer services across various sectors, including healthcare, automotive, supply chain management, and digital identities.
They manage resources, conduct transactions, and analyze traffic flows to enhance operational efficiency.
The move to start mining Bitcoin marks a significant expansion of Deutsche Telekom’s blockchain and cryptocurrency activities.
By leveraging its existing technological infrastructure and expertise, the company aims to explore new opportunities and revenue models within the digital economy.
This step highlights Deutsche Telekom’s commitment to advancing its involvement in emerging technologies and its proactive approach to integrating blockchain solutions into its operations.
Overall, Deutsche Telekom’s entry into Bitcoin mining reflects its broader strategy to innovate and adapt to the evolving digital landscape, positioning itself at the forefront of the intersection between telecommunications and blockchain technology.
To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.
Hong Kong, Hong Kong, June 20th, 2024, Chainwire
- Zeek has completed a USD 3M seed funding round from investors including OKX Ventures, Animoca Brands, and Mask Network
- Zeek will be changing the way social collaboration works in SocialFi through the use of reputation mechanisms
- The Tier-0 Genesis NFT collection, limited to 250, will be dropped later this month
Zeek, a decentralized collaboration network for on-chain social bounty and reputation, has successfully completed a USD 3M seed funding round ahead of its official launch in July.
Investors include OKX Ventures (as part of its strategic investment in Everest Venture Group’s consumer-oriented products, which includes Zeek), Animoca Brands, Mask Network, Arche Fund, Summer Ventures, Blockchain Coinvestors, Aspen Digital, CatcherVC, Panony, Spacebar, Hardbank and super angels including Jason Kam of Folius Ventures, Ivan Li of Comma3 Ventures and Donny Chi of WeMade.
“Backing the Zeek team resonates with our goal of supporting bold founders in building the future of the open internet, and it is definitely an exciting opportunity to participate in the nascent growth of something new in the SocialFi space. Our confidence in the team’s vision and execution capabilities strengthens our commitment to helping their growth,” said Thanh Le, the Founder of Nighty Eight.
“We see significant potential in consumer-oriented initiatives like Zeek that blend real use cases with gamified experiences in social and gaming contexts. Zeek’s decentralized collaboration economy promotes organic collaboration through on-chain bounties. By monetizing the idle value of social networks and personal skills, it creates new opportunities for all participants. We are confident that this will make disruptive technologies accessible and enjoyable for mainstream audiences,” said Suji Yan, the Founder & CEO of Mask Network
In the world of Web3, users are constantly encouraged to do their due diligence before trusting a person, platform, or any information they see, which is easier said than done. Zeek aims to solve this through its on-chain reputation construct, recognizing users who create value through social collaboration.
Powered by OpenSocial Protocol, Zeek is a social network that allows users to unlock the value of their intelligence, network, access, and time through on-chain social bounty mechanics and reputation called Wish and Rizz.
(Image 1: ‘Wish’ on discovery page)
Social value is created as users create and participate in ‘Wishes’, which can be applied for different purposes, whether to seek out information and insight or expand your network and connections. Users will then be able to gain ‘Rizz’ through contributions and engagements in the network, which will naturally construct a social reputation layer for everyone and act as an on-chain recognition of the social value the user creates.
‘Rizz’ is an embodiment of karma whereby the more you give, the more you should be given in forms of economic incentive and measurable influence. Zeek’s product and token are designed to foster such collaboration and construction of on-chain reputation.
With Zeek, users will be able to check the reliability of a person based on the reputation they have built, creating a whole new way to enforce trust in the Web3 world.
“The future of SocialFi is to create new social economies through the financialization of existing social behaviors and hence, we have built Zeek as we believe the endgame of SocialFi is the reputation layer, which bridges the gap between social influence and on-chain identities,” said Angus Ko, CEO of Zeek.
Zeek is anticipated to officially launch in July, with its Private Beta running from the present until the launch date. Currently, users are able to pre-register via their X and Discord accounts here. Additionally, Zeek’s Tier-0 Genesis NFT collection, limited to 250, will be dropped later this month.
About Zeek
Zeek is a decentralized collaboration economy incentivizing reputation, and powered by innovative social bounty mechanics called ‘Wishes’. Individual behaviors and engagements contribute to the construction of a reputation layer called ‘Rizz’, which can be monetized and utilized to gauge credibility, reliability, and influence.
Contact
PR Manager
Kelvin Yeo
Everest Ventures Group
kelvin.yeo@evg.co