Telos Foundation Collaborates with Ponos Technology to Develop Hardware-Accelerated Ethereum L2 zkEVM Network

Dubai, United Arab Emirates, April 19th, 2024, Chainwire

Telos Foundation and Ponos Technology Partnership

The Telos Foundation has announced its partnership with Ponos Technology, a prominent Zero Knowledge Proof (ZKP) research and development firm, to create an optimized, hardware-accelerated Layer 2 network. This network will showcase SNARKtor, Telos’ decentralized recursive proof aggregator, offering enhanced scalability, data protection, and interoperability for Ethereum users worldwide.

Ponos Technology’s Expertise

Ponos Technology specializes in providing optimized solutions for ZK proving through FPGA acceleration. Their team, comprising experienced scientists and industry experts, is adept at leveraging hardware-software co-design modules to maximize business value streams and computation efficiency.

The Future of Zero Knowledge Technology

CEO and co-founder of Ponos Technology, Slobodan Lukovic, emphasizes the increasing significance of Zero Knowledge technology for various industries. He envisions steady advancements in algorithms and hardware infrastructure leading to widespread adoption and improved efficiency and security.

Collaboration with New Partners

Digital M.O.B. – A leading Ethereum developer team with a strong track record.
ATKA – A Paris-based Web3 incubator known for incubating top-notch projects.
Cometh – An award-winning dev team led by ETH France President Jerome de Tychey.

Driving Innovation Together

John Lilic, Telos Executive Director, spearheads the collaborative effort with partners like Ponos Technology to build a hardware-accelerated zkEVM L2 network. This approach aims to revolutionize performance and scalability, offering compelling services to the Ethereum community and beyond.

About Telos

Telos is a decentralized blockchain ecosystem focusing on Telos EVM, Telos Zero, and emerging Zero Knowledge technology. The Telos Foundation, dedicated to advancing the Telos network, oversees these innovative developments.

ContactThe Telos Foundation[email protected]