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Details: ht
Amidst the clamor of various get-rich-quick myths in the current Web3 space, there are some projects that quietly lay the foundation for the future of the entire industry. Although these projects are not good at storytelling, their technological innovations and ideas may shape the next decade of Web3.
Today, let's focus on a project called Boundless. Unlike those heart-pounding meme coins or instantly playable blockchain games, Boundless is attempting to transform the 'proof' in Web3 into a shareable and rentable 'computational commodity'. This concept may sound a bit abstract at first, but it could be the key to addressing a significant challenge that the industry has faced for a long time.
In recent years, Zero-Knowledge Proof (ZKP) technology has gained significant attention in the Web3 space, regarded as a potential solution to scalability and privacy issues. However, we rarely delve into the difficulty and cost of generating zero-knowledge proofs. In fact, this process is exceptionally complex and expensive, comparable to mathematical problems that require supercomputers to solve.
Currently, most projects involving ZK technology have to invest heavily to build their own 'proof factories' (Prover). This practice leads to redundant resource investment and waste, and limits the widespread application of ZK technology.
The innovation of Boundless lies in its attempt to establish a free market for 'zero-knowledge proofs'. This idea could fundamentally change the current situation, making it affordable for small projects to utilize ZK technology, thereby promoting the development of the entire ecosystem.
While projects like Boundless may not attract the interest of the average investor, the issues they address are crucial for the long-term development of Web3. They demonstrate to us that true innovation often occurs outside the public eye, and these seemingly insignificant technological breakthroughs could bring about revolutionary changes for the entire industry.
As observers and participants in the industry, we should pay more attention to these projects that are silently working on the Web3 infrastructure. They may not bring instant returns, but they are paving the way for the future of the entire industry. While pursuing short-term gains, we should not forget these unsung heroes who are changing the game.