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RISC Zero
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RISC Zero Company Information
RISC Zero is a pioneering technology firm that provides a range of services aimed at enhancing blockchain functionality and security. The company offers a zkKYC demo for decentralized identity verification and Bonsai, a service that facilitates boundless computation across different blockchains. Its general-purpose zkVM (zero-knowledge virtual machine) allows for quick market entry and significantly reduces development costs. This zkVM is compatible with over 70% of the top 1000 Rust crates, facilitating rapid prototyping without requiring extensive knowledge in cryptography or circuits. RISC Zero emphasizes ease of iteration and upgrading of zero-knowledge (ZK) applications through typical software development cycles. All tools and services provided by RISC Zero are fully open source, promoting community-driven development and growth. Applications developed using RISC Zero’s technology adhere to existing computer standards, which simplifies third-party audits. The company also offers solutions that can lead to substantial gas fee savings depending on the protocol design. Recent achievements include hashing 10K bytes through SHA-256 in just 30 seconds and a 1000x faster average ZK development timeline. RISC Zero has formed partnerships with major industry players such as Amazon, Google, Intel, and Microsoft, and has successfully raised $40 million in a Series A funding round. The latest zkVM version 0.20 upgrade introduced proof composition, broadening the potential for designing multi-party applications. The leadership team includes Brian Retford as CEO, Frank Laub as CTO, and other key figures who drive the company’s innovation and market presence.
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