fbpx
  • Price Tracker
  • Guest Post
  • Advertising & Partnership
  • Press Release
  • Editorial Policy
Coin Culture
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Business
    • Policy & Regulation
    • Tech
    • People
  • Markets
    • Forecast
      • Ethereum Price Predictions
      • Bitcoin Price Predictions
  • 101 Guide
    • Blockchain Guide
    • Trading Guide
    • Bitcoin Guide
    • DeFi Guide
    • Ethereum Guide
  • Product Reviews
    • Crypto Exchange Reviews
      • CoinSpot Review
      • Swyftx Review
      • Binance Australia Review
      • MEXC Review
      • BitMart Exchange Review
      • Bybit Australia Review
      • CoinSpot Mastercard Review
    • Exchange Comparisons
      • CoinSpot vs Swyftx vs Binance
      • Coinspot vs Binance
      • Crypto.com vs. Binance
      • CoinSpot vs Kraken
      • Swyftx vs Coinbase
  • Contact
    • About Us
    • Submit Press Release
    • Submit Querry
    • Submit Guest Post
  • Crypto Wiki
No Result
View All Result
Coin Culture
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Business
    • Policy & Regulation
    • Tech
    • People
  • Markets
    • Forecast
      • Ethereum Price Predictions
      • Bitcoin Price Predictions
  • 101 Guide
    • Blockchain Guide
    • Trading Guide
    • Bitcoin Guide
    • DeFi Guide
    • Ethereum Guide
  • Product Reviews
    • Crypto Exchange Reviews
      • CoinSpot Review
      • Swyftx Review
      • Binance Australia Review
      • MEXC Review
      • BitMart Exchange Review
      • Bybit Australia Review
      • CoinSpot Mastercard Review
    • Exchange Comparisons
      • CoinSpot vs Swyftx vs Binance
      • Coinspot vs Binance
      • Crypto.com vs. Binance
      • CoinSpot vs Kraken
      • Swyftx vs Coinbase
  • Contact
    • About Us
    • Submit Press Release
    • Submit Querry
    • Submit Guest Post
  • Crypto Wiki
No Result
View All Result
Coin Culture Logo
No Result
View All Result

Home » Wormhole to Use AMD Chips for Scaling ‘Light Client’ Proofs on Interoperability Platform

Wormhole to Use AMD Chips for Scaling ‘Light Client’ Proofs on Interoperability Platform

Lucas N by Lucas N
February 23, 2024
in Tech
Wormhole to Use AMD Chips for Scaling 'Light Client' Proofs on Interoperability Platform
Share on FacebookShare on Twitter

Interoperability platform Wormhole is set to harness the power of AMD’s enterprise-grade FPGA hardware accelerator chips to scale cross-chain communication. This move aims to bolster the platform’s capacity for secure cross-chain messages using zero-knowledge proofs (ZKPs).

You might also like

Ethereum EIP 7742 added to Pectra Upgrade

TON Struck by Network Outage: No New Blocks for Over 3 Hours

Mac Users Alerted to New ‘Cthulhu Stealer’ Malware Targeting Crypto Wallets

As Wormhole serves as a bridge connecting over 30 blockchains, integrating zero-knowledge proofs into its platform has become essential. The project is currently developing “light client” implementations to enable secure transfers across different chains, leveraging ZKPs to establish secure “corridors” between blockchains for messaging.

However, generating and verifying proofs across networks requires significant compute power, which is where AMD’s chips come in. These FPGA chips, commonly used for compute-intensive tasks like training machine learning models, will be optimised for Wormhole’s platform.

Dan Reecer, co-founder and chief operating officer at Wormhole Foundation, highlighted AMD’s crucial role in providing enterprise-grade FPGA and GPU hardware and offering deep hardware expertise to Wormhole ZK engineers, ensuring efficiency and speed.

Beyond hardware provision, AMD will also share its expertise in hardware acceleration to enhance the scalability of applications developed within the Wormhole ecosystem.

In the coming months, organisations contributing to Wormhole will begin deploying mainnet implementations of various zero-knowledge (ZK) light clients. Recently, Wormhole announced a collaboration with Succinct Labs to improve the development and performance of an Ethereum-based ZK light client.

Wormhole’s objective is to establish secure communication channels across major blockchains such as Ethereum, Near, Solana, Aptos, Sui, and Cosmos. Scaling proof generation and verification in the light clients will be supported by AMD devices.

Highlighting the critical importance of product security, Wormhole’s core contributors stress the significance of ZK-based light clients in enhancing security and decentralisation. This emphasis stems from a security breach in February 2022, where a flaw in signature verification on the Wormhole network led to the theft of over $320 million in ETH, although the compromised funds were eventually recovered.

Tags: Feature
Lucas N

Lucas N

Lucas N is Coin Culture's managing editor for people and market, covering opinon, interview and market analysis. He owns Near, Aurora and Chainlink

Recommended For You

Ethereum EIP 7742 added to Pectra Upgrade

by John Hobbs
October 18, 2024
0
Ethereum EIP 7742 added to Pectra Upgrade

Ethereum has just released a new update for Ethereum Pectra. Vice President of Galaxy Christine Kim stated that the development team addressed the upgrade during their 144th All...

Read more

TON Struck by Network Outage: No New Blocks for Over 3 Hours

by John Hobbs
August 29, 2024
0
TON Struck by Network Outage: No New Blocks for Over 3 Hours

The Open Network (TON) has halted transaction validation and hasn't produced any new blocks for more than three hours. On August 28, Tonk Inu, a TON-based community platform,...

Read more

Mac Users Alerted to New ‘Cthulhu Stealer’ Malware Targeting Crypto Wallets

by John Hobbs
August 27, 2024
0
Mac Users Alerted to New 'Cthulhu Stealer' Malware Targeting Crypto Wallets

Apple Mac users are being alerted to a new malware threat called "Cthulhu Stealer" that steals personal information and targets cryptocurrency wallets. “For years, there has been a...

Read more

Ethereum’s Dencun Upgrade Spurs Surge in L2 Bot Activity and Transaction Failures: Galaxy Research

by John Hobbs
August 24, 2024
0
Ethereum's Dencun Upgrade Spurs Surge in L2 Bot Activity and Transaction Failures: Galaxy Research

The Ethereum Dencun upgrade in March inadvertently led to an increase in transaction failures across layer-2 (L2) networks, Galaxy Research says.  Christine Kim, a Galaxy researcher, highlighted this...

Read more

Starknet-Based ZKX Protocol Closes Due to Low User Engagement

by John Hobbs
August 1, 2024
0
Starknet-Based ZKX Protocol Closes Due to Low User Engagement

The ZKX Protocol, a social derivatives trading platform built on the Ethereum Layer-2 network Starknet, has closed down due to insufficient user engagement. Founder Eduard Jubany Tur announced...

Read more
Next Post
England's Legal Commission Seeks Input on Proposed Legislation to Recognize Cryptocurrency as Property

England's Legal Commission Seeks Input on Proposed Legislation to Recognize Cryptocurrency as Property

Most popular

  • Why Brands Should Adopt A ‘Hybrid DAO’ Model

    Why Brands Should Adopt A ‘Hybrid DAO’ Model

    172 shares
    Share 69 Tweet 43
  • 11 Best Crypto Debit Cards In Australia: A Curated List 2024

    424 shares
    Share 170 Tweet 106
  • Cryptocurrency Regulations in Australia: A Brief Overview 2024

    165 shares
    Share 66 Tweet 41
  • Best Crypto Youtube Channels For Crypto Enthusiasts 2024

    741 shares
    Share 296 Tweet 185
  • Kucoin Review 2024: Features, Fees & More

    147 shares
    Share 59 Tweet 37

Recommended

Ethereum Foundation Reveals $788 Million in Crypto Holdings, Mostly in Ether, Amid Transparency Push

Ethereum Foundation Reveals $788 Million in Crypto Holdings, Mostly in Ether, Amid Transparency Push

November 9, 2024
Solana Surpasses Binance Coin (BNB) as Fourth-Largest Cryptocurrency

Solana Surpasses Binance Coin (BNB) as Fourth-Largest Cryptocurrency

November 8, 2024
Trump Declares Victory - What will the US Crypto be?

Trump Declares Victory – What will the US Crypto be?

November 6, 2024
Kraken Introduces Crypto Derivatives Suite for Australian Wholesale Clients

Kraken Introduces Crypto Derivatives Suite for Australian Wholesale Clients

November 5, 2024
coin culture logo

Your Australian news source for all things cryptocurrency. Coin Culture is an independent media outlet that aims to provide an Aussie take on crypto, digital assets, and investing.

Hot Topics

  • DeFi
  • NFT
  • Gaming

Top articles

CoinSpot Review
Swyftx Review
Best Crypto Exchanges Australia
CoinSpot vs Swyftx

BROWSE BY TAG

Altcoin News Bitcoin CoinSpot Cryptocurrencies Crypto Exchange Crypto Tax DeFi Dogecoin Dogecoin News ETF Ethereum Feature FED FTX Games hacks Layer2 Markets meme Metaverse Mining NFT Opinion People Policy and Regulation Polygon SEC Security Solana News Stablecoins Tech Top Crypto News Australia | CoinCulture Trading US web3 XRP News

RECENT POSTS

  • Ethereum Foundation Reveals $788 Million in Crypto Holdings, Mostly in Ether, Amid Transparency Push
  • Solana Surpasses Binance Coin (BNB) as Fourth-Largest Cryptocurrency
  • Trump Declares Victory – What will the US Crypto be?

© 2023 CoinCulture. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.
  • bitcoinBitcoin(BTC)$103,594.000.690%
    BITCOIN
    24H : 0.690%
    Volume : $34,672,319,286.00
    Marketcap : $2,058,596,956,784.00
  • ethereumEthereum(ETH)$2,556.472.14%
    ETHEREUM
    24H : 2.14%
    Volume : $26,787,819,993.00
    Marketcap : $308,504,553,132.00
  • tetherTether(USDT)$1.0000.0100%
    TETHER
    24H : 0.0100%
    Volume : $61,541,244,835.00
    Marketcap : $150,080,941,387.00
  • rippleXRP(XRP)$2.54-1.37%
    XRP
    24H : -1.37%
    Volume : $7,612,427,669.00
    Marketcap : $148,796,455,994.00
  • binancecoinBNB(BNB)$654.55-1.82%
    BNB
    24H : -1.82%
    Volume : $1,452,260,256.00
    Marketcap : $95,489,947,859.00
  • solanaSolana(SOL)$174.73-0.55%
    SOLANA
    24H : -0.55%
    Volume : $5,571,941,420.00
    Marketcap : $90,733,788,732.00
  • usd-coinUSDC(USDC)$1.0000.00%
    USDC
    24H : 0.00%
    Volume : $11,027,163,117.00
    Marketcap : $60,767,509,777.00
  • dogecoinDogecoin(DOGE)$0.229-2.08%
    DOGECOIN
    24H : -2.08%
    Volume : $3,064,118,664.00
    Marketcap : $34,128,535,582.00
  • cardanoCardano(ADA)$0.801-2.67%
    CARDANO
    24H : -2.67%
    Volume : $1,373,587,419.00
    Marketcap : $28,874,182,723.00
  • tronTRON(TRX)$0.268-2.63%
    TRON
    24H : -2.63%
    Volume : $1,563,276,631.00
    Marketcap : $25,417,468,823.00

Add New Playlist

No Result
View All Result
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Business
    • Policy & Regulation
    • Tech
    • People
  • Markets
    • Forecast
      • Ethereum Price Predictions
      • Bitcoin Price Predictions
  • 101 Guide
    • Blockchain Guide
    • Trading Guide
    • Bitcoin Guide
    • DeFi Guide
    • Ethereum Guide
  • Product Reviews
    • Crypto Exchange Reviews
      • CoinSpot Review
      • Swyftx Review
      • Binance Australia Review
      • MEXC Review
      • BitMart Exchange Review
      • Bybit Australia Review
      • CoinSpot Mastercard Review
    • Exchange Comparisons
      • CoinSpot vs Swyftx vs Binance
      • Coinspot vs Binance
      • Crypto.com vs. Binance
      • CoinSpot vs Kraken
      • Swyftx vs Coinbase
  • Contact
    • About Us
    • Submit Press Release
    • Submit Querry
    • Submit Guest Post
  • Crypto Wiki

© 2023 CoinCulture. All rights reserved.