Protocol Village is CoinDesk's living column chronicling blockchain tech project updates (CoinDesk)

Protocol Village: Nexus Launches 'World's First Open Prover Network' in Beta

Summary

Nexus has launched the first beta release of its zero-knowledge virtual machine zkVM, establishing the Nexus network as the world’s first open prover network. This network allows any connected device to contribute computational power, aiming to create a unified supercomputer for proving Internet computations. Apex Fusion completed its first private token sale, raising $6 million with a fully diluted valuation of $180 million, to enhance its federated multi-chain layer-1 network, which integrates UTXO and EVM transaction methods. Livepeer hosted an AI Demo Day featuring eight startups from its AI Startup Program, focusing on generative AI on decentralized infrastructure. Applications are open for the Q4 cohort, offering $20K in grant funding.

Related News