The Good Tech Companies - Why Does ETH 3.0 Need Lumoz's ZK Computing Network?
Episode Date: December 9, 2024This story was originally published on HackerNoon at: https://hackernoon.com/why-does-eth-30-need-lumozs-zk-computing-network. Find out why ETH 3.0 needs Lumoz's Computi...ng Network. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #ethereum-blockchain, #technology, #lumoz, #lumoz-modular-compute-layer, #key-features-of-lumoz, #lumoz-zk-computing-network, #beamchain, #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 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. Lumoz's computational nodes consist of thousands of GPU/CPU nodes.
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Why does ETH3.0 need Lumos's ZK computing network? By Lumos, formerly Opside.
Hash Lumos Modular Compute Layer 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, ZK, computational power,
supporting numerous projects such as Merlin with ZKP computing services.
Lumos continues to meet the growing demand for advanced computational support.
LUMOZ 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-state, 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 dot. Lumos's ZK computing network boosts ETH3.
Zero 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 Beamchain 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, BeamChain 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 auctions to separate validators from block production.
Faster slot times.
Reducing slot times to 4 seconds to improve block generation speed.
Backslash dot dot.
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. Backslash dot dot. 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.
Backslash dot dot. Lumos's key role in BEAMCAIN 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 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.
Backslash. 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 longstanding focus on execution layer optimization, Lumos' technology has advanced the
snarkification of the execution layer while paving the way 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.