Zprize has announced the winners of the first ZPrize competition that took place earlier this year. Around March 2022, ZKP’s leading protocol, Aleo, launched the ZPrize competition. This competition emanates from an industry-wide initiative that aims to promote ZK hardware development and hyper-charge the organization of zero-knowledge proofs (ZKPs).
This competition has effectively upgraded the baseline ZK technology algorithm and exhibited the worth of cross-industry cooperation in speeding up the eventual fate of the technology.
The competition had a total of 32 participants who competed to win a total prize of $4,415,000.
The concept of this competition was initially birthed at ETHDenver in 2022 by a group of expert technologists and cryptographers led by Alex Pruden, the CEO of Aleo.
The aims of the ZPrize competition are:
- To further develop the baseline performance of key general algorithms
- To increase the variety and accessibility of low-level libraries for cryptographic authentications
- Increase the awareness of the amazing potential of Zero-Knowledge Crypto
These aims made the competition to be divided into two overarching divisions, Open and Team categories.
- The Open category comprises seven major categories for public goods with benefits to different protocols/proof frameworks.
- The Team category consists of categories defined by the individual teams and specific to a given protocol/proof system.
All submissions, regardless of their class, would be open-sourced at the end of the competition. This pushes the industry and technology forward.
Citing the importance of this competition, Alex expressed that software-based zero-knowledge cryptography has progressed significantly throughout recent years, while hardware acceleration is yet to experience a tangible development. He further disclosed that “ We are already seeing important improvements in hardware performance because of the competition’s embracing of community and openness. In order to provide the foundation for a more developed ZK infrastructure, it is essential to create an ecosystem that encourages innovation.”
Zprize revealed that it had recorded a total of 2,536.26% of improvement across all 32 competitions. A total of $4,415,000 has also been released to reward the winners.
For the open category:
Prize 1a – Accelerating MSM Operations on GPU was sponsored by Aleo, Trapdoor Tech, ZKValidator and Jump Crypto, with a total of $650,000 up for grabs. This session has Yrrid Software with 2.52s as the highest score.
Prize 1b- Accelerating MSM Operations on FPGA also sponsored by Aleo, Trapdoor Tech, ZKValidator, and Jump crypto, with a total of $600,000 to be won. This has Hardcamlwith the highest score of 5.08s.
Arithmetic (WASM). This was sponsored by Polkadot, Aleo, Findora, Azteca and Mina protocol. The winner gets rewarded with $390,000 and 23,650 DOT tokens. For this session, Yrrid Software had the highest point, with a total of 5.41.
Prize 6: Accelerating the Poseidon Hash Function. This was sponsored by OxPARC and Manta Network. A total of $155,000 is to be won. This has Zhenfei Zhang as the highest score holder with 196 constraints.
For the Team Category:
To see more about the Zprize competition, click this.