Bittime - Good news from EthStorage, a dynamic storage Layer 2. Two of their proposals succeeded in receiving grant funds from Optimism (OP), respectively amounting to 30,000 OP and 50,000 OP. The funds will be used to achieve breakthroughs in "multi-part dispute game" and "zero-knowledge fault proof using WASM" research.
EthStorage Proposal Details
The first proposal focuses on research and development of "multi-part dispute games". This concept is not yet completely clear, but is likely related to more efficient arbitration or dispute resolution mechanisms at Layer 2.
The second proposal focuses on “zero-knowledge fault proof using WASM”. Zero-knowledge proof is a cryptographic technology that allows proving ownership of information without disclosing the information itself.
Meanwhile, WASM (WebAssembly) is a code format that can be run on various blockchain platforms. In other words, this proposal aims to develop a zero-knowledge proof method that is more efficient and compatible with WASM.
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OP Grant Funds for EthStorage
Support from Optimism through this grant program is important for EthStorage. The funds will not only help finance their research and development, but also be a validation of their expertise in the field of ZK-Fraud Proof.
For your information, ZK-Fraud Proof is a technology that is currently being developed in the blockchain realm. This technology allows efficient transaction verification without the need to store all transaction data on the blockchain.
Meanwhile, EthStorage has demonstrated significant progress in this area since the launch of their zkGo compiler in September 2023. zkGo allows compiling Go code into a WASM format compatible with the ZK prover.
Optimism Grant Program
Optimism regularly offers grant programs to support developers in their ecosystem. These grants can be awarded at the start of the project (Collective Grants) or after the project is completed based on its impact (Retro Funding). This grant program demonstrates Optimism's commitment to driving innovation and development across its network.
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Selected from Hundreds of Proposals
In the Optimism Season 5 grant program, the EthStorage proposal was successfully selected from hundreds of other proposals. This is proof that EthStorage's research and development in the field of ZK-Fraud Proof is considered promising. EthStorage was even named as one of the three best ZK teams along with Mina and RiscZero.
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