From Investing.com: 2024-04-19 04:30:52

Telos Foundation partners with Ponos Technology to develop hardware-accelerated Ethereum L2 network using SNARKtor, expanding scalability and data protection for global Ethereum users. Ponos Technology’s FPGA acceleration maximizes ZK proving efficiency, with a team of experts expecting widespread adoption of ZKP technology in various industries. Telos also collaborates with Digital M.O.B, ATKA, and Cometh to enhance Ethereum’s hardware-software co-design approach for zkEVM performance at scale. Telos, formed in 2018, focuses on building a provable L2 zkEVM network, with upcoming announcements leading to a demo at EthCC in July.

Read more at Investing.com: Telos Partners with Ponos Technology to Develop Hardware-Accelerated Ethereum L2 zkEVM Network By Chainwire