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zkVerify integration example for on-chain zk proof verification #11

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@AndreaRettaroli AndreaRettaroli commented Dec 19, 2024

zkVerify

zkVerify is a modular blockchain focused on proof verification. It's specifically enables blockchain networks to offload the computationally heavy and expensive process of zk (zero-knowledge) proof verification, drastically reducing cost. It's support multiple verification schemes, including Groth16.

Considerations

Assessed that zkVerify can reduce proof verification costs by >90% compared to native verification on Ethereum, at Galxe's scale, this translates to a significant costs dropping - a transformation that could generate millions in savings annually.

Beyond pure cost reduction, this integration opens new possibilities for Web3 identity management. With around 1 million users actively using Galxe Passport, cheaper verification enables more frequent credential checks, enhanced privacy features, and broader accessibility to trustless credential systems for smaller projects.

On a closing thought, we want to remark how specialized verification layers can solve real problems in large-scale identity systems, with the zkVerify-Galxe integration setting a new standard for efficient, accessible credential verification in Web3.

@oyyblin oyyblin requested review from oyyblin and Stumble December 22, 2024 22:55
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