Large Computations Market based on zero-knowledge proofs. The core algorithm is based on Zero-Knowledge Succinct Non-Interactive Argument of Knowledge (SNARKs) generations and verification in EVM based smart contracts.
Prize Pool
ZkComputations is a platform where everyone can list a large computation problem and set a reward for the one who solves it. This platform could be used for incentivizing public good movements on different blockchain communities. You can imagine multiple grants for funding the next prime number or Mersenne prime discovery or solving np-hard problem which is ultimately improving the whole cryptography sector.
How it works?
This process addresses several key challenges:
Establishing a platform for tackling significant computational problems. Incentivizing participants to contribute solutions by offering rewards. Safeguarding participants from front-running attempts. Ensuring that the solution submitter can verify their reward eligibility. Conducting on-chain verification of substantial computations. Ultimately, making the solution to complex computations publicly accessible, thereby contributing to the public good.
Technologies employed include: