Categories: Press Release

Why Does ETH 3.0 Need Lumoz’s ZK Computing Network?

Lumoz Modular Compute Layer

Bangkok, Thailand, 10th December 2024, ZEX PR WIRE, The Lumoz 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, Lumoz 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 Rollup projects while lowering the barriers for ordinary users to participate in the zero-knowledge computing market.
Currently, Lumoz is a pioneer in the Rollup field. With its modular computing layer network, Lumoz has become a leading provider of top-tier zero-knowledge (ZK) computational power, supporting numerous projects such as Merlin with ZKP computing services. Lumoz continues to meet the growing demand for advanced computational support.
Lumoz Modular Compute Layer: Key Features
The Lumoz Modular Compute Layer serves as a powerful computational module with the following notable characteristics:
  • Decentralized Computing: The Lumoz 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 zkRollups and offers a secure data processing and model training environment for AI applications.
  • High Computational Stability: Lumoz’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: Lumoz is highly compatible with the blockchain industry’s leading Rollup 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 Lumoz 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.

Lumoz’s ZK Computing Network Boosts ETH 3.0 

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 Attester 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.
  • 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.
Lumoz’s Key Role in BeamChain Implementation
Lumoz 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: Lumoz’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: Lumoz’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, Lumoz 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: Lumoz’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, Lumoz 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, Lumoz 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, Lumoz 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

Lumoz is a pioneer in modular compute layer space, providing decentralized ZKP computing power to support the development of Ethereum 3.0 and Beam Chain. Amid the Ethereum community’s long-standing focus on execution layer optimization, Lumoz’s technology has advanced the Snarkification of the execution layer while paving the way for the Snarkification of the consensus layer.
The introduction of Beam Chain 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, Lumoz has provided Ethereum’s ecosystem with enhanced decentralization and improved performance.
Lumoz’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.
Zex PR Wire

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Zex PR Wire
1 year ago

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