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jomo 💚🌻🐯

@themostjomo

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[ lazy man's summary to @boundless_xyz whitepaper ] ◤ Summary of Boundless Whitepaper ◢ Title: The Boundless Protocol Authors: RISC Zero team Purpose: Introduce Boundless — a decentralized, marketplace-driven protocol that brings scalable, verifiable zero-knowledge (ZK) compute to any blockchain. 📌 Core Concept Boundless is a decentralized protocol that allows requestors (users or apps) to post requests for ZK proofs, which are then fulfilled by provers (nodes with GPUs or CPUs), who get paid via a reverse Dutch auction mechanism. Settlement and verification happen directly on-chain. 🧠 Key Innovations & Architecture 1. Financialization of Compute •ZK proving becomes a tradable commodity. •Enabled by a novel mechanism called Proof of Verifiable Work (PoVW) — provers earn based on real work performed (measured in zkVM cycles) and fees collected. https://x.com/jigggyzigggy/status/1937627684034474040?s=46&t=mFF2KNOo4jLf_4P-mI2VOg
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