Can you prove you're rich without pulling out your wallet? 🤩 This blockchain project that became popular with 'zero knowledge' has even attracted Coinbase's attention! 🚀
Today, I'll chat with the brothers about project $LA . To put it simply, it's a blockchain project focused on data encryption. The core technology used is zero-knowledge proof (ZKP), which is quite an illustrative concept—it's like telling your friend you have money without actually pulling out your wallet for him to count, yet he still believes you. Nowadays, everyone values privacy protection more and more, and what LA is doing is just that, allowing different blockchains to 'verify identities' with each other, which is pretty practical. #lagrange
Currently, LA is focused on three core tasks:
1️⃣ They've built a ZK proof network that has partnered with major exchanges like Coinbase and Kraken, with around 85 institutions using it. This network is like a 'fake detection squad' for blockchain, specifically monitoring AI-calculated data and on-chain information to check their reliability.
2️⃣ They created a ZK co-processor, which is a 'blessing' for programmers. Previously, searching blockchain data was like flipping through a huge dictionary, having to search bit by bit; now, it can be done with simple commands similar to SQL, making it more convenient than ordering takeout. Many DeFi projects are now leveraging it to improve efficiency.
3️⃣ They developed DeepProve (zkML), dedicated to acting as a 'data bodyguard' for sensitive industries like finance and healthcare. For instance, if a hospital wants to use AI to predict medical conditions, it can enable AI to work normally without leaking patient privacy, truly achieving a win-win situation.
LA has a total token supply of 1 billion, and it has already airdropped 15 million to early users. The project is also developing well, having raised 17.2 million dollars. Its most impressive aspect is transforming those cryptographic technologies that seem like 'heavenly books' into tools that ordinary people can use. As the blockchain industry increasingly emphasizes privacy protection, practical and secure projects like LA are sure to become more popular in the future. @Lagrange Official