Press Release
Gevulot Sets Firestarter Mainnet Launch on July 15, Explains ZK Endgame Approach
Helsinki, Finland, 22nd May 2024, ZEX PR WIRE, Gevulot, a purpose-built L1, is launching the first shared prover layer optimized exclusively for zero-knowledge (ZK) proof generation and verification, starting with its mainnet prover network, Firestarter, going live on July 15. Whitelisted projects will receive public good access to the mainnet. Gevulot also provides an in-depth explanation of ZK Endgame and its approach to ZK, to ultimately bring the compute and cost overhead of verifiability to near zero.
The Gevulot Devnet is currently a free public good testnet for registered users and Galxe community participation is encouraged. Interested developers can start offloading provable compute or start benchmarking proof systems to enjoy production-ready proof generation to offset their existing overhead costs. As Gevulot scales, organizations interested in running prover nodes can apply here for the ZkCloud compute network, which currently has a pipeline of over 10,000 CPUs and GPUs which meet institutional requirements.
Gevulot’s Approach to ZK Endgame
The Gevulot team believes zero-knowledge proving will characterize distributed systems in the near future. Zero-knowledge proofs enhance a blockchain network’s scalability, compatibility with other networks and applications, and privacy. Their purpose is validating computations and improving transaction integrity without revealing additional information.
A growing niche in the industry, including Gevulot, believes today’s infrastructure is not ready to embrace ZK proving yet. On the contrary, most applications rely on permissioned proving from a single prover, drifting away from the fundamental definition of a decentralized ecosystem, which should embody credible neutrality and censorship resistance.
Gevulot aims to solve the issues of present-day proving infrastructures and accelerate zero-knowledge proving adoption by building the ZkCloud, a decentralized compute network optimized for offloading arbitrary provable compute. This solution is slated to help unlock the near limitless compute capacity on blockchains via decentralized zero-knowledge proofs, which would represent the apex of distributed systems evolution. In other words, it would be the zero-knowledge endgame and, as the team puts it on their blog, “nothing short of all the world’s compute being verifiable or as close to that as is allowed by physics.”
Zero-knowledge proving is rapidly evolving, drastically reducing the cost of verifying the accuracy of a third party’s computation. This solves the “cost of verifiability” dilemma, which has bothered industry experts since the dawn of distributed systems technology. It also means we can rely on the performance and redundancy characteristics of trusted computation without requiring trust.
The ZK Endgame aims for the compute and cost overhead of verifiability to approach zero. In other words, to reach its goal, zero-knowledge proving must also bring the required compute time to zero, and not only its financial costs.
Reaching absolute zero costs of verifiability is most likely unachievable. However, getting as close as possible to zero for verifiability and compute time may be possible by getting ZK proving on a trend line that involves several new breakthroughs in cryptography, hardware, and other essential metrics, such as bandwidth and/or electricity costs.
Gevulot is building ZkCloud to take zero-knowledge, proving on a trend line to the ZK Endgame while pushing technological frontiers. The project considers itself a contributor to reaching the pinnacle of zero-knowledge proving in distributed systems. As Teemu Päivinen, CEO and Co-founder of Gevulot, describes it:
“In our vision, we are the compute portion of this future cloud and world computer. We believe other teams will provide the data storage and other aspects of this cloud. I don’t think it’s going to be a single monolithic service. The only realistic chance of getting there is to utilize zero-knowledge proofs. Our short-term goal, which we’re very much executing on currently and very excited about, is just lowering the cost considerably and then letting the cryptographers work their magic to make things faster.”
ZkCloud is redefining cloud infrastructure with a product that is decentralized, censorship-resistant, and permissionless while providing universal access for proving.
About Gevulot
Gevulot offers the first shared prover layer for the modular stack, with internet-scale ZkCloud compute optimized for zero-knowledge proofs. It is designed to aggregate proving workloads from across the blockchain industry, improving economics for all participants and unlocking unprecedented use cases. Behind Gevulot is a veteran team of builders led by the founder of Equilibrium Labs, a group renowned for their protocol level R&D on projects such as Starknet, Solana, Aleo, Avail, and other significant industry projects.
Gevulot’s mainnet prover network, Firestarter, will launch as a public good on July 15. The project has a growing list of prestigious partners, including Espresso, Gelato, Radius, Hylé, 0G labs, AltLayer, ZKM, Snapchain, Horizen Labs, Karnot, Airchains, Zeeve, and over 50 more to be announced. Their mission is to contribute to the ZK Endgame. Interested teams can contact Gevulot now for a potential grant.
Moreover, Gevulot enjoys the support of recognized VC backers with the project raising $6 million in a seed round in mid 2023. They include lead investor Variant and other industry-leading brands, such as Supranational, P2P.org, Staking Facilities, RockawayX Infrastructure, Marc Boiron (Polygon Labs), Shumo Chu (founder of Manta Network & NEBRA), Calvin Liu (CSO of Eigenlayer), George Lamberth (EIR dao5), and Mo Dong (founder of Celer & Brevis Network). Additional funding is still to be announced.
Other important milestones in Gevulot’s roadmap include the release of an incentivized compute network in Q3 of 2024 and the ZkCloud mainnet launch, which should occur by 2025’s first financial quarter.
You can follow the project’s development and stay up to date at these links: Website | X (Twitter) | Telegram | GitHub | LinkedIn | Docs | Galxe Campaign | Discord
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
RichKiidNick Unveils His Versatility and True Emotions in New Single “OCEAN EYES” Dropping December 3, 2024
Miami, FL — Rising star RichKiidNick is ready to showcase a new dimension of his artistry with the release of his highly anticipated single, “OCEAN EYES,” which will be available on all major streaming platforms on December 3, 2024.
Produced by Florida’s Heatmaker EJ1K, “OCEAN EYES” is a deeply personal track that highlights RichKiidNick’s versatility and lays bare his genuine emotions in his love life. The single offers fans a raw and intimate glimpse into his world, delivering a sound and narrative that stands apart from the rest.
The single’s sonic brilliance is brought to life with the help of Vinny DeLeon, CEO and Founder of the prestigious House of Hits Miami Recording Studio, a legend with 375 platinum and 11 diamond records. Also contributing to the track’s polished sound is acclaimed engineer Berler, whose credits include Famous Dex’s platinum-certified single “Japan.” They’ve ensured “OCEAN EYES” meets the highest industry standards.
“This track is special because it allows me to express my versatility and show a side of myself that fans haven’t seen before,” RichKiidNick shares. “‘OCEAN EYES’ captures real emotions and tells a story straight from my heart.”
Listeners can expect a blend of compelling lyrics, innovative production, and an emotional resonance that will leave a lasting impression.
Don’t miss the “OCEAN EYES” release on December 3, 2024. Experience the journey of love, passion, and growth through the lens of RichKiidNick’s artistry.
For press and media inquiries, please get in touch with RichKiidz Entertainment LLC
Email: richkidnickent@gmail.com
Follow RichKiidNick:
Instagram: @richkiidnick
YouTube: @realrichkiidnick
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Entrepreneur Joseph Majeesh Shares Insightful Blog on Achieving Work-Life Balance Without Sacrificing Success
Calgary, Canada, 26th November 2024, ZEX PR WIRE, Entrepreneur and business leader Joseph Majeesh has been featured in an exclusive online blog discussing one of the most pressing challenges for today’s entrepreneurs: achieving work-life balance while maintaining productivity. In his thought-provoking article, Work-Life Balance for Entrepreneurs: How to Stay Productive Without Burning Out, Majeesh shares his personal experiences and strategies for navigating the demands of entrepreneurship without losing sight of personal well-being.
Majeesh, an experienced professional known for his success in franchise development and recruitment, delves into the importance of balance for sustainable growth. Drawing from years of building businesses across industries, including managing major projects in Canada and operating renowned franchises like Dairy Queen, he offers actionable advice tailored for entrepreneurs.
“Entrepreneurship is exciting but also demanding. Achieving a balance between work and life isn’t about reducing ambition—it’s about ensuring you have the energy, focus, and clarity to excel in both areas,” Majeesh explains in the blog.
Key Takeaways from the Blog
Majeesh highlights several strategies for avoiding burnout and achieving sustainable success:
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Time Management: Entrepreneurs should prioritize tasks based on urgency and importance, allowing for a focus on high-impact work while delegating less critical responsibilities.
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Setting Boundaries: Defining work hours and communicating them to clients and teams helps maintain separation between professional and personal life.
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Self-Care: Incorporating exercise, healthy eating, and mindfulness into daily routines ensures physical and mental well-being.
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Learning to Say No: By focusing on projects and opportunities that align with their goals, entrepreneurs can avoid unnecessary distractions.
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Leveraging Technology: Tools for automation and scheduling can improve efficiency without overwhelming personal time.
Through these practical approaches, Majeesh emphasizes that achieving balance is not only possible but also vital for long-term success.
Majeesh’s Commitment to Entrepreneurial Growth
With a career spanning multiple industries, Joseph Majeesh’s journey is marked by resilience, innovation, and a commitment to creating opportunities. His ability to manage diverse ventures while fostering personal growth and community engagement has earned him respect in the business world.
This latest blog reflects his dedication to empowering fellow entrepreneurs with actionable insights and personal experiences. “Success isn’t just about building a thriving business; it’s about living a fulfilling life,” Majeesh says.
About Joseph Majeesh
Joseph Majeesh is a Calgary-based entrepreneur with expertise in recruitment, franchise development, and business management. From humble beginnings in Kerala, India, to leading successful ventures in Canada, Majeesh’s career is a testament to vision and hard work. He is known for his innovative approach to business and his passion for building opportunities that impact lives positively.
To read the full blog, click here.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Miami Beach CPA Firm, LLC Expands Forensic Accounting Services to Combat Financial Fraud Across Key Industries
Miami, FL, 26th November 2024, ZEX PR WIRE, Miami Beach CPA Firm, LLC, a leading provider of accounting, tax, and consulting services, has announced an expansion of its forensic accounting services to strengthen its fight against financial fraud across essential sectors, including real estate, healthcare, hospitality, and technology. With increased threats of fraud across industries, the firm’s enhanced forensic accounting services are designed to help businesses identify financial discrepancies, investigate fraudulent activity, and implement effective strategies to safeguard financial integrity.
According to the firm, the expansion comes in response to a growing demand for specialized accounting expertise to address complex financial fraud cases, especially in industries vulnerable to financial crimes. With a team of seasoned Certified Public Accountants (CPAs) skilled in forensic analysis, Miami Beach CPA Firm leverages advanced data analytics tools and a meticulous approach to uncovering financial irregularities and fraudulent patterns.
“At Miami Beach CPA Firm, we recognize that the stakes for businesses today are higher than ever when it comes to protecting financial assets from fraud,” says the company spokesperson. “Our forensic accounting services are built on precision, confidentiality, and the ability to adapt to each client’s unique industry challenges. This expansion underscores our commitment to offering specialized services that directly support our clients’ need to combat financial fraud effectively.”
The firm’s forensic accounting services cater to various scenarios, including embezzlement, insurance fraud, misappropriation of funds, and financial statement manipulation. Leveraging Miami Beach CPA Firm’s depth of experience, the forensic accounting team follows a multi-phase approach: gathering and analyzing financial data, identifying potential indicators of fraud, and presenting clear, defensible findings for legal proceedings when required. The firm’s services are especially beneficial in legal contexts, where expert testimony and detailed financial analysis are essential for successful outcomes.
Miami Beach CPA Firm has built a reputation for excellence in accounting and tax services, serving a diverse client base across Miami and beyond. Their services are customized to meet the demands of each client, with a focus on protecting their financial interests through advanced, client-centric solutions. By expanding its forensic accounting capabilities, Miami Beach CPA Firm, LLC aims to reinforce its leadership position in the accounting sector while making a positive impact on the financial security of businesses across multiple industries.
For more information on Miami Beach CPA Firm’s forensic accounting services and how they can support your business in the fight against financial fraud, please visit https://miamibeachcpafirm.com/.
About Miami Beach CPA Firm, LLC
Miami Beach CPA Firm, LLC is a full-service accounting firm based in Miami, Florida, specializing in accounting, tax, and consulting services for individuals and businesses across various sectors. With a commitment to personalized and expert service, the firm assists clients with tax planning, financial consulting, forensic accounting, and more.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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