ProverNet's ZK Marketplace Drives DeFi Expansion Through Scalable Verification
- Brevis launches ProverNet, a decentralized ZK proof marketplace using TODA auctions to scale blockchain verification. - Platform processes 250M+ proofs via zkVM execution and recursive aggregation, achieving 99.6% Ethereum block verification under 12 seconds. - BREV token enables staking, governance, and payments while partners like PancakeSwap and Linea leverage infrastructure for DeFi applications. - Entering a competitive ZK market with Proof Market and Prover Network, ProverNet targets DEX hooks and
Brevis, a platform focused on zero-knowledge (ZK) verifiable computation, has introduced ProverNet—a decentralized marketplace for generating ZK proofs aimed at improving blockchain verification scalability and performance. Outlined in a whitepaper published on Nov. 17,
The TODA framework breaks down complex proof tasks into smaller units, allowing multiple provers to collaborate while maintaining fair bidding and balanced budgets.
The BREV token acts as both the utility and governance token for the protocol, enabling payments for proof services, staking for provers, and decentralized governance.
ProverNet joins a competitive ZK infrastructure landscape, going up against decentralized proof marketplaces such as
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ARK Supports Nvidia's Dominance in AI Despite Concerns of a Market Bubble
- ARK Invest re-allocates $17M to Nvidia , betting on AI-driven growth amid crypto-linked equity purchases during a market slump. - Nvidia reports $57B revenue, exceeding forecasts by $2.1B, with $500B Blackwell/Rubin order backlog and 73.6% gross margin. - $15B Nvidia-Microsoft Anthropic deal intensifies generative AI competition, while analysts raise $250-$272 price targets for AI infrastructure leadership. - Market anxieties persist over AI sustainability: 61% Q3 revenue from four clients, AI "bubble" f
Treasury Targets Crypto: Sanctions Reveal Worldwide Network of Illegal Finance
- U.S. Treasury sanctions Canadian Olympian Ryan Wedding for leading a global drug network, designating 9 individuals/entities and cryptocurrency addresses linked to Bitcoin/Ethereum. - Actions target cross-border illicit finance, including Indian firms aiding Iran's oil trade and UK crypto networks laundering funds for Russian oligarchs/military suppliers. - Crackdown aligns with national security priorities, blocking crypto mining near nuclear sites and blacklisting Chinese AI firms tied to Huawei, while
PENGU Price Forecast: Managing Immediate Market Fluctuations and Key Drivers in the Altcoin Landscape After 2025
- Pudgy Penguins (PENGU) faced 2025 price volatility, surging 450% in July but dropping 28.5% by October, with critical support at $0.023. - Cboe's PENGU ETF filing could attract institutional capital if approved, while rejection risks exacerbating market instability. - Pudgy Party game and DreamWorks partnership aim to boost utility and brand visibility, though token value remains unproven. - Regulatory pressures (GENIUS Act, MiCA) and macroeconomic factors compound risks, urging hedging via stop-loss ord
Bitcoin Updates: Ark Invest Increases Crypto Portfolio by $39.6M During Market Downturn, Shows Confidence in Future Growth
- U.S. crypto stocks fell 1.45%-4.48% pre-market on Nov 21, mirroring Bitcoin's $91,600 drop and $3.79B ETF outflows. - Ark Invest defied the selloff by adding $39.6M to Bullish, Circle , and Bitmine shares, betting on long-term crypto value. - MicroStrategy's $1.5B Bitcoin accumulation contrasts with its 60% stock decline amid dilution concerns and leveraged liquidations. - Bitmine defends crypto's 12-36 month recovery timeline, citing Ethereum upgrades and asset tokenization potential. - AI/HPC miners su
Trending news
MoreCrypto prices
More
