Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Derivio: Launching SVM-compatible high-performance blockchain network Derivio Network

Derivio: Launching SVM-compatible high-performance blockchain network Derivio Network

Bitget2024/05/24 12:27

ChainCatcher news, zkSync ecological decentralized derivatives trading protocol Derivio announced that it will transition from the existing derivatives protocol to the new Derivio Network. It is a blockchain network tailor-made to enhance the functionality of Ethereum, fully compatible with the Solana Virtual Machine (SVM), and optimized to provide higher performance and efficiency.

It is reported that the main features of Derivio Network include:

Scalability and Performance: Derivio Network is a custom solution built from the ground up, secured by Ethereum with optimistic ZKVM fraud proofs, enabling trustless bridging across existing chains and ecosystems.
Hardened FHE shielding: By deploying advanced cryptography designs (ZK+MPC/FHE), only sensitive data can be selectively shielded while maintaining verifiability and transparency.
Optimized for performance-sensitive applications: By integrating native transaction primitives and atomic operations, and leveraging the parallel execution capabilities of SVM, Derivio Network is compatible with the existing high-throughput blockchain application developer ecosystem.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!