Horizen Labs Launches zkVerify to Slash Proof Verification Costs
Horizen Labs has launched zkVerify, a dedicated L1 blockchain for zero-knowledge proof verification. By offloading heavy computation from apps and other chains, zkVerify aims to cut verification costs by over 90% while supporting multiple proof types and multichain attestations.
cointelegraph.com/news
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New zkVerify L1 blockchain wants to speed up and lower cost of crypto ZK-proofs
According to zkVerify, ZKP verification on networks like Ethereum can cost up to $60 per proof during high congestion, with verification consuming up to 300,000 gas units. zkVerify promises to enable cost reduction of at least 90% compared to verifying directly on L1s.
“Heavy math instead of original app or chain”
To cut verification costs, zkVerify provides a dedicated verification layer by separating proof verification from settlement on L1s.