ZEROBASE Raises $5M to Build Privacy-Preserving Prover Network

ZEROBASE, the real-time ZK prover network rolled out by Salus, raised $5M to create a privacy-preserving compute network tailored for ZK use cases and backed by prominent investors like Binance Labs, Lightspeed Faction, Dao5, Matrix Partners , IDG, Symbolic Capital and many others.

It is projected that Web3 services will require nearly 90 billion ZK proofs to be executed by 2030, with a market-wide capacity of 83,000 transactions per second, according to Crypto.com. For comparison, the Visa network processes up to 65,000 transactions per second. Additionally, the market for generating ZK proofs is estimated to reach $10 billion by 2030.

The core of ZK technology in blockchain lies in two key aspects: privacy and scalability. It ensures privacy by enabling one party to verify information without exposing the underlying data, making it ideal for safeguarding sensitive information. Additionally, it boosts scalability by shifting complex computations off-chain while preserving the integrity of on-chain verification. The role of a prover network is to generate hundreds of thousands of ZK proofs in rapid sequence, effectively managing the heavy lifting of off-chain computations.

Proving the World

ZEROBASE is a real-time ZK prover network, providing privacy and access to the fastest decentralized computing infrastructure in the world.

“The ZK ecosystem is evolving rapidly, driven by increasing demand for privacy, scalability, and decentralized applications. However, core infrastructure challenges persist, particularly regarding speed, cost, centralization, and scalability, with proof generation and verification remaining resource-intensive. ZEROBASE is addressing these challenges directly, being the final piece of the ZK puzzle and delivering a seamless experience for ecosystems, applications, and end users alike.” — Mirror Tang, CEO.

Here’s what makes ZEROBASE the most competitive ZK prover network:

• Speed: We generate proofs in under 400 milliseconds, enabling the largest-scale ZK use cases at a fraction of the cost of existing solutions.
• Privacy: We are the only prover network that guarantees complete confidentiality by utilizing TEE for secure, private proof computation and tamper-proof data.
• Decentralization: Our distributed compute architecture eliminates single points of failure, ensuring resilience and scalability across global nodes while maintaining decentralization with consensus times under one second.

Whether it’s an institutional use case requiring the highest levels of privacy and security, an AI application running zkML sequences, a high-throughput dark pool needing rapid ZK proving, or a ZK L1 with a unique design and proof system, ZEROBASE offers the most competitive prover network in terms of speed, cost, and security, while being the only one that keeps your secrets safe.

ZEROBASE is rapidly expanding and aims to enhance its prover network with proprietary acceleration algorithms for all major proof systems, while also decentralizing its node network and extending its reach across key L1 and L2 ecosystems.

To benefit the broader blockchain ecosystem and drive the adoption of ZK technology, ZEROBASE is developing an open-source ZK library built on a decryption-enabled ZK framework. This decryption-enabled ZK framework, combined with a high-performance computing network, allows ZEROBASE to onboard a diverse array of real-world applications and users to Web3—applications that were previously beyond the reach of blockchain technology.