Binance Labs, the esteemed venture capital division of Binance with a valuation surpassing $9 billion, has announced a strategic investment in Delphinus Lab. This collaboration underscores the rising significance of the zkWASM domain, where Delphinus Lab has made notable strides by launching the pioneering open-source zkWASM virtual machine.
At the heart of this innovation lies the amalgamation of two groundbreaking technologies. Firstly, “zk” stands for zero-knowledge proofs, a sophisticated cryptographic method that ensures data privacy by allowing one party to prove knowledge of specific information without revealing the actual data. Secondly, “WASM” represents WebAssembly, a cutting-edge binary instruction format. Designed to run code at near-native speeds in web environments, WASM has revolutionized the way developers approach web-based applications.
Together, the integration of zk and WASM in the zkWASM virtual machine offers…
