Anaxi Labs and Carnegie Mellon University develop compiler framework for cryptography, enhancing security and scalability.
From Investing.com
December 6, 2024 10:30 AM:
Anaxi Labs and Carnegie Mellon University’s CyLab have developed a compiler framework for cryptography that eliminates trade-offs in building scalable applications with Zero-Knowledge. This breakthrough allows for the creation of cryptographically-secured and decentralized applications, previously considered impossible, enabling mass adoption.
The collaboration aims to enhance Ethereum’s security and scalability beyond 120 TPS by simplifying the complex process of developing Zero-Knowledge proofs. By automatically converting high-level software into forms needed for proof systems, the framework drastically improves performance while ensuring security, revolutionizing industries in Web3 and beyond.
Carnegie Mellon researchers and Anaxi Labs are working together to overcome trade-offs in decentralized applications by breaking down programs into specific units and creating low-level representations for proof systems. This new approach eliminates manual work, enhances performance, and ensures the security of the process, marking a significant advancement in the industry.
The partnership between Anaxi Labs and CyLab through the CMU Secure Blockchain Initiative has led to the development of a compiler framework that bridges the gap between academic research and real-world applications. This collaboration enables researchers to address major issues in blockchain technology, paving the way for mass adoption and providing commercial solutions for Web3 and Web 2.0 applications.
Read more at Investing.com: Anaxi Labs and Carnegie Mellon University’s CyLab Unveil a Breakthrough Proof System By Chainwire