Fabric Cryptography and Nil Foundation Disrupt Centralized Marketplaces with Decentralization

Key Points:

• Nil Foundation partnered with Fabric Cryptography to build a decentralized marketplace for cryptography and outsourced proof generation.
• Nil Foundation’s zero-knowledge builder zkLLVM allows developers to use popular coding languages such as C++ to build Ethereum chains and applications.
• The goal is to facilitate faster, more scalable, more private and interoperable zero-knowledge computing.

The partnership between Nil Foundation and Fabric Cryptography to build a decentralized marketplace for cryptography and outsourced proof generation is a significant step towards facilitating faster, more scalable, more private, and interoperable zero-knowledge computing.

The marketplace will enable developers to use popular coding languages like C++ to build Ethereum chains and applications, bypassing the need to learn new programming languages. The Nil Foundation’s zero-knowledge builder, zkLLVM, which was unveiled earlier this year, is an essential tool for developers who want to build Ethereum chains and applications without worrying about learning new programming languages. This partnership will enable them to leverage their skills while building a decentralized marketplace for cryptography and outsourced proof generation.

Michael Gao, Fabric CEO, said that cryptography has a problem. Every day, new protocols, coins, and projects emerge, and the public continues to associate blockchain technology with speculation and a lack of real-world application. The partnership between Nil Foundation and Fabric Cryptography aims to overcome this problem by introducing a new marketplace for cryptography and outsourced proof generation. This marketplace will facilitate faster, more scalable, more private, and interoperable zero-knowledge computing and help developers and proof generators to leverage their skills.

Mikhail Komarov, Nil Foundation’s founder, believes that developers will appreciate the hardware-accelerated performance of zkLLVM circuits for proving computations. Proof generators can also enjoy enhanced profitability with Fabric’s VPU on the Proof Market. This partnership will enable developers and proof generators to leverage their skills while building a decentralized marketplace for cryptography and outsourced proof generation. Nil Foundation and Fabric Cryptography hope that this partnership will help to overcome the issues associated with blockchain technology and help to move the industry forward.

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