A16z Releases Open-Source Projects to Improve Zero-Knowledge Technology
A pair of open-source projects from venture giant Andreessen Horowitz (a16z) aim to enhance the performance of systems that utilize zero-knowledge technology in blockchain. The projects, Lasso and Jolt, are aimed at speeding up the core technology behind crypto projects using zero-knowledge proofs.
Key Points:
– Lasso is a method for speeding up zero-knowledge systems, providing a 10x speedup over existing tools.
– Jolt is a type of zero-knowledge virtual machine (zkVM) that offers a general-purpose framework for building certain types of zkVMs that are easier to debug.
– These open-source projects are expected to improve the performance of blockchain networks, reducing fees, increasing speeds, and preserving transaction privacy.
– The release of these projects marks a milestone for a16z, as it becomes more actively involved in developing core tech for its portfolio companies.
– By contributing to the zero-knowledge technology space, a16z aims to support the success of its portfolio companies and enhance its reputation among developers and builders.
Hot Take:
The release of Lasso and Jolt by a16z demonstrates the venture giant’s commitment to advancing zero-knowledge technology in blockchain. By providing open-source projects that improve the performance of blockchain networks, a16z aims to support its portfolio companies and establish itself as a leader in the space. This move highlights the increasing influence of venture firms in shaping the technologies they fund and showcases the potential for collaboration between traditional venture capital and deep-tech research.