Introducing QED: The World’s First ZK 2.0 Blockchain Protocol
Open Asset Standards has announced QED, a groundbreaking blockchain protocol that aims to overcome the limitations of existing zero-knowledge protocols. Unlike its predecessors, QED features a horizontally scalable state model, allowing for increased transaction processing capacity without compromising security or decentralization. The protocol achieves this through fast recursive zero-knowledge proofs, which enable users to verify transactions end-to-end using proof recursion. QED also eliminates the need for a zk-VM by compiling smart contract functions directly to zero knowledge circuits, making it the first zk-Native blockchain. With the launch of the QED Protocol, Open Asset Standards introduced the Dapen Smart Contract IDE, enabling Web2 developers to write zk Smart Contracts in popular programming languages like JavaScript and Python. The protocol is expected to find significant adoption in the gaming industry, thanks to its ability to serve billions of users in a single block.
Key Points:
– QED is the world’s first ZK 2.0 blockchain protocol, offering a horizontally scalable state model.
– The protocol utilizes fast recursive zero-knowledge proofs to achieve scalability without compromising security.
– QED eliminates the need for a zk-VM by compiling smart contract functions directly to zero knowledge circuits.
– Open Asset Standards introduced the Dapen Smart Contract IDE, enabling Web2 developers to write zk Smart Contracts in popular programming languages.
– QED is set to see major adoption in the gaming industry due to its ability to serve billions of users in a single block.
QED: Uniting Web2 and Web3
QED, the world’s first zk-Native blockchain protocol, is poised to revolutionize the internet by scaling trustless computation and privacy. With its horizontally scalable state model and fast recursive zero-knowledge proofs, QED offers unparalleled transaction processing capacity without sacrificing security. The protocol’s integration with popular programming languages through the Dapen Smart Contract IDE makes it accessible to a wide range of developers. Additionally, QED’s potential for adoption in the gaming industry, backed by Animoca Brands’ fund Sparkle Ventures, promises to bring blockchain technology to millions of concurrent gamers. Led by Founder and CEO Carter Feldman, the QED team is a diverse group from both Web2 and Web3 backgrounds, reflecting the protocol’s mission to unite the two worlds. QED is set to redefine the future of the internet, enabling a new era of privacy-centric and scalable applications.
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