{"id":57289,"date":"2023-08-21T17:30:41","date_gmt":"2023-08-21T21:30:41","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=57289"},"modified":"2023-08-21T17:56:12","modified_gmt":"2023-08-21T21:56:12","slug":"binance-labs-invests-in-delphinus-lab","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/binance-labs-invests-in-delphinus-lab\/","title":{"rendered":"Binance Labs Invests in Delphinus Lab"},"content":{"rendered":"\n

Binance Labs<\/a> is accelerating the Web3 revolution by investing in Delphinus Lab, a pioneering infrastructure provider in the zkWASM market. <\/p>\n\n\n\n

\"Binance
Binance Labs Invests in Delphinus Lab<\/figcaption><\/figure>\n\n\n\n

This investment, made on August 21, marks the beginning of a new era for Web3 apps<\/a>, promising increased security, privacy, and flexibility for developers and users.<\/p>\n\n\n\n

zkWASM is a technology that combines zero-knowledge (ZK) encryption with WebAssembly (WASM) environments. Delphinus Lab has developed the first open-source zkWASM virtual machine to enhance Web3 DApps. <\/p>\n\n\n\n

WASM virtual machine, created jointly by Google, Mozilla, Microsoft, and Apple in 2017, allows code to run seamlessly in browsers using widely-used programming languages.<\/p>\n\n\n\n

Delphinus Lab's innovation lies in merging ZK-proof technology with WASM, bolstering the security and privacy of applications and contributing to a more decentralized and trustless digital ecosystem. Sinka Gao, the Founder, and CEO of Delphinus Lab\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> explains, <\/p>\n\n\n\n

\n

“With our zkWASM Hub, we're introducing an efficient multi-chain execution layer for developers to deploy and manage their WASM-backed apps in a dynamic rollup environment. We aim to empower next-gen Web3 DApps that combine Web2's robustness with Web3's decentralized, trustless nature”. <\/p>\n<\/blockquote>\n\n\n\n

Binance Labs' investment will support the development of Delphinus Lab's zkWASM-based application rollup platform, zkWASM Hub. This platform offers customizable WASM extensions, automated proving, batching services, and an auto-compilation and updating service for GitHub applications.<\/p>\n\n\n\n

Yi He, Binance's co-founder and head of labs, reaffirms the company's commitment to supporting initiatives that build essential infrastructure for the growth of Web3 apps. <\/p>\n\n\n\n

He expresses excitement about Delphinus Lab's zkWASM implementation and its potential to attract Web2 developers to Web3.The partnership between Delphinus Lab and Binance Lab highlights the increasing importance of zkWASM technology<\/a> for upcoming Web3 applications. <\/p>\n\n\n\n

Combining ZK-proof technology with WASM's adaptability and usability opens up new possibilities for developers and end users, paving the way for a more secure, private, and decentralized digital world.<\/p>\n","protected":false},"excerpt":{"rendered":"

Binance Labs is accelerating the Web3 revolution by investing in Delphinus Lab, a pioneering infrastructure provider in the zkWASM market. This investment, made on August 21, marks the beginning of a new era for Web3 apps, promising increased security, privacy, and flexibility for developers and users. zkWASM is a technology that combines zero-knowledge (ZK) encryption […]<\/p>\n","protected":false},"author":43,"featured_media":57291,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[834],"tags":[326,16040],"class_list":["post-57289","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-binance","tag-binance","tag-delphinus-lab"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/08\/croc_1692651921085.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/57289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=57289"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/57289\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/57291"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=57289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=57289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=57289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}