The Good Tech Companies - Lumoz's Zero Knowledge Computing Network Boosts ETH 3.0

Episode Date: December 12, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/lumozs-zero-knowledge-computing-network-boosts-eth-30. Lumoz has played a critical role in the implementation of BeamChain by leveraging its modular design and efficient computing capabilities. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #blockchain, #ethereum, #lumoz-zero-knowledge-computing, #lumoz-zk-computing, #eth-3.0, #beamchain-implementation, #lumoz-beamchain-implementation, #good-company, and more. This story was written by: @lumoz. Learn more about this writer by checking @lumoz's about page, and for more stories, please visit hackernoon.com. Lumoz has played a critical role in the implementation of BeamChain by leveraging its modular design and efficient computing capabilities.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Lumos's Zero Knowledge Computing Network boosts ETH 3.0. By Lumos, formerly Opside, the Lumos protocol is a globally distributed modular computing protocol dedicated to providing advanced zero-knowledge-proof, ZKP, services. It supports the development of ZK technology and provides robust computational power for cutting-edge technologies such as ZK and AI. Facing the challenges of computational costs in the zero-knowledge computing field, Lumos leverages its extensive experience in ZKP, innovatively optimizing circuits and algorithms to significantly enhance computational efficiency.

This effectively addresses the high costs and low efficiency of roll-up projects while lowering the barriers for ordinary users to participate in the zero-knowledge computing market. Currently, Lumos is a pioneer in the roll-up field. With its modular computing layer network, Lumos has become a leading provider of top-tier zero-knowledge, ZK, computational power, supporting numerous projects such as Merlin with ZKP computing services. Lumos continues to meet the growing demand for advanced computational support. Lumos Modular Compute Layer. Key features The Lumos Modular Compute Layer serves as a powerful computational module with the following notable characteristics. Decentralized computing.

The Lumos Compute layer operates on a blockchain network using a hybrid consensus mechanism of proof-of-stake, POS, and proof-of-work, POW, ensuring decentralized computing capabilities. This architecture provides continuous ZKP computation for ZK rollups and offers a secure data processing and model training environment for AI applications. High computational stability. Lumos's computational nodes consist of thousands of GPU, CPU nodes. This not only ensures the continuous computation of ZKPs but also supports the large-scale parallel computing required for AI, guaranteeing efficient execution of complex computational tasks. Strong compatibility.

Lumos is highly compatible with the blockchain industry's leading roll-up solutions such as Polygon ZKEVM, ZKSYNC, Scroll, and Starknet. It also meets diverse AI computational needs through its unique computing mechanisms, offering robust support across various technology stacks. Cost efficiency. The Lumos decentralized compute layer integrates an optimized economic model to enable low-cost ZKP generation. This cost efficiency extends to AI computing tasks, offering users an economical and efficient solution for both AI and blockchain computations. Backslash. Lumos' ZK computing network boosts ETH3.0 in Vitalik's The Verge roadmap. Ethereum's SNARKification is an important initiative aimed at enhancing

scalability and decentralization by applying zero-knowledge proofs to both the consensus layer and execution layer. This transformation is a key component of Ethereum 3.0's vision. Vitalik acknowledges that modifying the consensus layer is a significant challenge that will require continuous consideration and optimization in future work. The Beam Chain proposal, introduced by Justin Drake at DevCon, addresses this very challenge by providing a potential path to achieve SNARKification of the consensus layer. By integrating SNARK proofs and post quantum cryptography beam chain not only lowers staking barriers but also reduces block confirmation times this brings stronger

decentralization and improved performance to ethereum beamchain's goals block production goals validator isolation implementing a tester proposer separation and execution options to separate validators from block production. Faster slot times. Reducing slot times to 4 seconds to improve block generation speed. Staking goals. Lowering staking thresholds. Reducing the staking threshold from 32 ETH to 1 ETH to encourage broader participation. Achieving fast finality. Implementing single-slot finality for faster transaction finalization. Cryptographic goals. Chain snarkification. Integrating ZKVM to enhance system privacy and security. Long-term security. Ensuring the cryptographic security of Ethereum remains

resilient for decades or even centuries. Beamchain is an Ethereum 3.0 consensus layer upgrade proposal. By leveraging innovative technologies such as zero-knowledge proofs and post-quantum signatures, BeamChain significantly enhances blockchain security, efficiency, and scalability. These advancements improve transaction privacy and decentralization, reduce validation costs, and prepare the network for the challenges of future quantum computing developments. This series of innovations creates new opportunities for the blockchain industry. Lumos's key role in BAMCAIN implementation Lumos has played a critical role in the

implementation of Beamchain by leveraging its modular design and efficient computing capabilities to drive the achievement of multiple goals efficient validator isolation. Lumos's modular architecture provides efficient computational power to separate validators from block production. This optimization streamlines validator operations, enhancing the overall decentralization and security of the network. Faster block generation speed. Lumos's high-performance execution layer supports the reduction of slot times, which is crucial for speeding up block generation. This acceleration ensures the network can quickly respond to and process a higher volume of transactions. Supporting chain snarkification by integrating ZKVM, Lumos delivers powerful computational capabilities to support complex

zero-knowledge proof operations. This support strengthens system privacy, improves overall security, and ensures the confidentiality and integrity of transaction data. Ensuring long-term security, Lumos's computing infrastructure provides continuous cryptographic support to Ethereum, ensuring its security remains intact for decades or even centuries. This long-term security is intact for decades or even centuries. This long-term security is essential for maintaining user trust and network stability. Economically efficient computational support, through its decentralized computing layer and optimized economic model, Lumos has achieved low-cost ZKP generation. This cost efficiency is not only applicable to blockchain computation tasks but also offers

economically efficient solutions for AI applications. Through these contributions, Lumos has not only enhanced the functionality and performance of Beamchain but also laid a solid foundation for the future development of the Ethereum ecosystem. By enabling efficient validator computation, accelerated block generation, enhanced privacy and security, and economically efficient computational support, Lumos has addressed the blockchain trilemma, achieving scalability without compromising decentralization or security. This breakthrough allows Ethereum to significantly improve network scalability and user experience while maintaining decentralization and security, creating broader opportunities for future

innovation and application development. Conclusion Lumos is a pioneer in modular compute layer space, providing decentralized ZKP computing power to support the development of Ethereum 3.0 and Beamchain. Amid the Ethereum community's long-standing focus on execution layer optimization, Lumos's technology has advanced the snarkification of the execution layer while paving the way for the snarkification of the consensus layer. The introduction of Beamchain will shift community attention toward the transformation of the consensus layer, ushering in exciting innovations. By combining zero-knowledge proof, ZKP, technology with post-quantum cryptography, Lumos has provided Ethereum's

ecosystem with enhanced decentralization and improved performance. Lumos's robust computational stability, low-cost ZKP generation, multi-chain compatibility, and efficient computing power offer economically efficient solutions for blockchain and AI applications. These advantages have collectively driven innovation and expansion within the Ethereum ecosystem, completing a key piece of the Ethereum snarkification puzzle. Thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.