Polyhedra网络筹集了2000万美元用于全球扩张和发展zkBridge协议

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Polyhedra Network Raises $20M at $1B Valuation

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Singapore-based Web 3 infrastructure provider, Polyhedra Network, has successfully completed a $20 million funding round led by Polychain Capital. The round also saw participation from Animoca Brands, Emirates Consortium, Mapleblock Capital, Hashkey Capital, UoB Ventures, Symbolic Capital, Longhash Ventures, MH Ventures, Arkstream Capital, and Web3Port Foundation. This latest investment values the company at an impressive $1 billion.

Zero-Knowledge Proofs and zkBridge Protocol

Polyhedra Network relies on zero-knowledge proofs as the foundation of its products, offering users enhanced security and scalability. By utilizing zero-knowledge proofs, which are protocols that validate statements on blockchains without revealing any identifiable information, the company ensures transparency while protecting user privacy.

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The flagship product of Polyhedra Network, the zkBridge protocol, facilitates interoperability between networks and has successfully processed over 20 million cross-chain transactions across more than 25 blockchains. Through unforgeable zero-knowledge proofs, zkBridge validates the state and consensus of the sender chain, allowing verification at the destination.

Eric Vreeland, the chief strategy officer of Polyhedra Network, emphasizes the revolutionary nature of blockchain technology, stating, “Blockchain technology is revolutionary because it allows for individuals and institutions to transact without a trusted intermediary. Zero-knowledge technology is the key to unlocking blockchain’s full potential.”

Expanding Globally and Hiring New Talent

With the newly raised funds, Polyhedra Network plans to expand its operations on a global scale and strengthen its workforce by hiring new employees. This round of financing marks the company’s fifth successful funding endeavor within the last two years.

Q&A

Q: How does zero-knowledge technology benefit blockchain transactions?

A: Zero-knowledge technology ensures the privacy and security of blockchain transactions by allowing statements to be validated without revealing any identifiable information. This enables individuals and institutions to maintain their confidentiality while engaging in transparent and trustless transactions.

Q: How does zkBridge facilitate interoperability between networks?

A: zkBridge utilizes zero-knowledge proofs to validate the state and consensus of the sender chain, ensuring its integrity before verification at the destination chain. This interoperability allows for seamless communication and transaction execution between different blockchain networks.

Q: What are the advantages of cross-chain transactions?

A: Cross-chain transactions enable assets and data to be transferred between different blockchain networks efficiently. This promotes collaboration and integration among various blockchain ecosystems, improving scalability and expanding the functionality of decentralized applications.

Q: What are the future prospects for Polyhedra Network?

A: With its latest funding round and impressive valuation, Polyhedra Network is set for exponential growth in the Web 3 industry. As the demand for secure and scalable blockchain solutions continues to rise, the company’s zero-knowledge protocol, zkBridge, positions it as a leading player in the field of blockchain interoperability.

🌐 Relevant Links

1. Polyhedra Network Official Website
2. Polychain Capital
3. Animoca Brands
4. Zero-Knowledge Proofs Explained
5. Web 3 and Interoperability

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