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Crypto Prune > News > Crypto > Blockchain > Risc Zero’s “Infinite” Incentive Testnet is now available
Blockchain

Risc Zero’s “Infinite” Incentive Testnet is now available

6 months ago 3 Min Read

Infinitely, the distributed zero knowledge (ZK) computing marketplace with RISC zero has launched a base-incentived testnet (calling “mainnet beta”) which is Coinbase’s Ethereum Layer-2 network.

With the endless “incentivized testnet, developers can build and test applications in their environments as if the protocol was in full live format. The network has already gained early support from industry heavyweights such as Ethereum Foundation, Wormhole, and Eigenlayer.

The distributed market for zero-knowledge computing connects people who need zero-knowledge proofs, such as by developers building roll-ups, bridges, or privacy-providing applications, with independent “ZK Prover or Miner” distributed networks that generate and verify those proofs. Instead of relying on centralized stakeholders, this model can be rewarded by donating computing power and doing the encryption work for anyone with the right hardware.

Zero-Knowledge (ZK) technology allows parties to prove that a transaction is valid without revealing confidential details such as identity or amount. ZK Proof is widely seen as extremely important for next-generation privacy and scaling focus blockchain projects.

Networks rely on proof of verifiable work (POVW) consensus mechanisms. “POVW is an open proof market where ZK miners, such as agencies and individuals with high-performance GPUs, are rewarded by successfully checking the evidence,” the team wrote in a press release shared with Coindesk. “Unlike traditional proof of work, miners are rewarded with validation within ZK virtual machines, ensuring efficiency, fairness and security.”

Additionally, those participating in the incentived testnet will be able to earn an early allocation of the network’s upcoming token $ZKC at an airdrop event scheduled for later this year. Rewards are distributed based on the amount, speed and complexity of proofs generated.

See also  What are babydoge properties?

The team also shares that the network’s real mainnet is planned for the third quarter of 2025, and the tokens will also be live.

“Boundless makes blockchain more scalable by allowing secure, cross-chain computing without repeating the same tasks. This increases efficiency, enhances security and allows developers and mining to participate in a wide range of ecosystems.”

Read more: Blockchain Capital leads a $40 million round for crypto company RISC Zero

TAGGED:BlockchainBlockchain News
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