KR1 invests $200K in zero-knowledge proofs service Starks Network

KR1 invests $200K in zero-knowledge proofs service Starks Network

KR1, a crypto & blockchain asset investment company, at present introduced its newest funding with the corporate investing a complete of USD $200,000 within the Starks Network (STN) project. KR1 took half in Stark’s seed funding spherical, which was led by IOSG Ventures and Hypersphere Ventures.

Project: Starks Network

Starks Network allows computation and evaluation of private information with out sending them to 3rd events, stopping personal information from being stolen or misused.

The Starks Network allows a novel method of Self-Sovereign Data and Self-Proving Computation and makes use of a zk-STARK primarily based digital machine for general-purpose computations, offering Zero-Knowledge Proofs as a Service (ZKPaaS) to different parachains in Polkadot or Kusama. As such, the community may grow to be a spine as a confidential computation infrastructure for the ecosystem sooner or later.

“Starks is a research-driven challenge popping out of academia and we’re excited to help such a talented crew on their mission to convey information securely into blockchain purposes whereas preserving customers’ privateness. This opens up new alternatives and can assist push the event of the blockchain house ahead.”
– George McDonaugh, Managing Director and Co-Founder of KR1

Published at Wed, 17 Mar 2021 17:55:31 +0000

ALTCOIN NEWS BITCOIN NEWS BLOCKCHAIN NEWS CRYPTOCURRENCY NEWS ETHEREUM NEWS EXCHANGES NEWS LITECOIN NEWS MARKET NEWS REGULATION NEWS
Gamestop
Important Facts of Gamestop Entering into Cryptomarket
UniFarm
UniFarm Raises $2 Million After Launching Innovative Farming Pool Featuring 17 Top DeFi Projects
XRP, FTX Token, Waves Price Analysis
#HODL #SHILL YOUR SH*T COIN! #SPOTTED! #VIRALS BITCOIN SCAM WATCH FUN QUIZZES
bitcoin-scams
Top 5 Bitcoin Scams you should be aware of!
Instagram Influencer Accused of Scamming Followers Out of $2.5M In Bitcoin Scams
five assorted color cars parked inside room
WHAT WILL YOU BUY WITH YOUR BULL MARKET GAINS?
FAQ'S INTRODUCTION TO BITCOIN INTRODUCTION TO BLOCKCHAIN INTRODUCTION TO CRYPTOCURRENCY EXCHANGES
Cryptocurrency
4 Amazing Perspectives of Cryptocurrency Characteristics, Everyone Should know
How bitcoin Transactions Work
Bitcoin For Beginners: 5 Plus Important Reasons Why You Should Understand The Future Impact of Bitcoin On Society
blockchain
5 Important points about Blockchain, Cryptocurrency, and Bitcoin(Safe or Not)
EXCHANGES WALLETS
coinbase
4 Best Crypto Coins on Coinbase
flat lay gadgets beside bearded man
ULTIMATE LIST : BEST BITCOIN AND CRYPTOCURRENCY WALLETS 2021
person shopping online
2021 BEST BITCOIN AND CRYPTOCURRENCY HARDWARE WALLETS TO STORE YOUR COINS SAFE

Get more stuff like this
in your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.