The first cohort of the @harmonyprotocol Zero-Knowledge University came to an end with participants building diverse Web3 products using ZK technology.
4/ Projects launched on the @harmonyprotocol mainnet can amplify their growth by presenting their vision, latest roadmaps and developments, to an audience of strategic investors with Harmony Ventures.
1/ @Harmonyprotocol’s new trustless BTC bridge offers users an opportunity to put their BTC to work and participate in DeFi protocols without liquidating.
@MessariCrypto 2/ Since Bitcoin does not have smart contracts, it is challenging to create conditioned & complex transactions.
This makes programmatic custody of bitcoin & bridging it trustlessly to other chains quite difficult and most BTC used on other chains is via centralized custodians.
@MessariCrypto 3/ The report examines the new @harmonyprotocol BTC bridge designed to be secure and completely trustless.
The bridge operation, economics and risks are evaluated as well as the implications of BTC functioning on an Ethereum Virtual Machine (EVM) compatible network.
2/Being ONE of #EthDenver sponsors, @harmonyprotocol hosted a bunch of events including Web3 talks, new launches, merchandise giveaways, ONE Big Night and more.
We also co-hosted the official ETHDenver (@EthereumDenver) After Party.
1/ @harmonyprotocol is building a multi-chain future that helps users transfer seamlessly between chains with instant transactions and extremely low fees💙
1/ #Rollups (Layer2) are blockchain technologies that help scale Layer1s (ex: Ethereum), that allow faster transactions at a cheaper cost in a trustless verifiable way.
In ZK-Rollups, validity is ensured by zero-knowledge proofs.
2/ Zero-knowledge proof (ZK Proofs) technologies enable one party to prove to another party that they know something without the prover having to convey the information itself in order to prove their knowledge.
👇Here's why it is important, and what we are doing about it
3/ ZK for Scalability 📈
Since ZK proofs allow data-sharing between two parties without transferring any information with the transaction, they can improve scalability.
With 2-second finality already achieved, @Harmonyprotocol can scale its transactions/second with sharding.