Scaling Layer 1 is Imperative
As the number of Ethereum users continues to grow, the network becomes increasingly congested, especially during high-demand events like token launches, where gas fees often skyrocket. The rising price of $ETH further exacerbates this issue, making small transactions economically unfeasible. Therefore, improving storage efficiency, transaction throughput, and reducing transaction latency are crucial for Ethereum’s development.
Traditional #Layer1 scalability solutions generally fall into two categories: On-chain and Off-chain. On-chain solutions involve updates and optimizations to Layer 1 through consensus mechanism changes, sharding, or block size increases. Off-chain solutions, which include sidechains and Layer 2, primarily operate off the main chain. The key difference is that sidechains rely on their security protocols, whereas Layer 2 solutions depend on the main chain’s security, making Layer 2 generally more secure.
Historically, Layer 2 solutions have improved transaction efficiency by processing transactions off-chain and then submitting the results on-chain, leveraging the high security of the Ethereum mainnet. The three main Layer 2 solutions currently in use are Channels, Plasma, and Rollup. Since #Rollup is essentially an advanced extension of Plasma, offering higher security, state validity, and data verification capabilities, it has become the primary direction for future #Layer2 development.
Who Leads in the Rollup Space?
Rollup technology has two main branches: #Optimistic-Rollup and #ZK-Rollup. Optimistic-Rollup assumes that the transactions submitted to the main chain are valid without immediate verification, allowing for rapid transaction processing. A challenge period of approximately one week is provided, during which other validators can challenge and submit evidence against any transaction. If the challenge is successful, the transaction is rolled back, and the party at fault is penalized.
In contrast, ZK-Rollup verifies the correctness of transactions instantly using zero-knowledge proofs, ensuring nearly 100% fraud-proof transactions. Overall, ZK-Rollup offers higher security than Optimistic-Rollup and does not require a challenge period for transaction confirmation, making it a more promising solution for future applications. It’s no surprise that Vitalik Buterin has repeatedly stated that ZK-Rollup is the main direction for future Layer 2 development.
However, due to the significantly higher technical complexity of ZK-Rollup compared to Optimistic-Rollup, the mainstream market for Rollup technology is still dominated by Optimistic-Rollup.
Rollup Market TVL Distribution
Currently, @arbitrum is the leading Optimistic-Rollup, commanding 31.36% of the total value locked (TVL), while the corresponding @zksync Era holds only 1.32% of the TVL. This disparity highlights the critical significance of developing standardized ZK-Rollup solutions and expanding the ZK-Rollup application market step by step. The comprehensive solutions offered by @LumozOrg may be the key to breaking this impasse.
Lumoz: A Comprehensive ZK Platform
Lumoz Network is a globally distributed modular computing network that integrates with the #DePIN network to create a powerful, secure, and flexible computing platform supporting ZK-Rollup, ZK ML, and ZKP technologies. Lumoz is also focused on building ZK-RaaS (Zero-Knowledge Rollup as a Service), aiming to provide a complete suite of ZK-Rollup deployment and implementation solutions. These solutions address various challenges such as incompatibility between existing ZK-Rollup solutions, centralized computing power, and concentrated risks.
ZK Rollup
Deep Expertise in the ZK Field
Unlike the numerous concept projects flooding the Web3 space, Lumoz has been deeply engaged in the ZK field for many years. Its founder, Nanfeng, has held executive positions in several top-tier tech companies and investment firms, bringing a wealth of technical knowledge and outstanding blockchain project management skills. This forward-thinking approach led him and his team to explore and research the ZK field starting in 2018.
Beyond these impressive valuations, Lumoz has also demonstrated outstanding results in practice. Since launching its testnet in May 2023, Lumoz has achieved 28,403 POW nodes, 16 active Rollups, 470,000 ZKP submissions, and 20 million transactions to date.
Lumoz Operational Overview
On the technical side, Lumoz has launched the ZK-Rollup Launchbase, expanding support for ETH, BSC, and Polygon testnets while offering various modular components such as Data Availability (DA) and shared sequencers. Lumoz has also achieved several groundbreaking innovations, including the ZKP Two-step Algorithm, NCRC, zkVerifier node validation mechanism, and a highly compatible technical stack for the Lumoz RaaS Launchbase. Additionally, Lumoz provides support for Merlin chain’s ZK computation on ZKFair, marking the initial success of its technological implementation.
Lumoz Provides a Modular Compute Layer
Modular Rollups presents a novel approach to addressing the blockchain trilemma by decomposing the blockchain system into different modules, creating a layered structure that enhances transaction processing and data management. This approach helps balance decentralization, security, and scalability. A typical Rollup generally includes the settlement layer, execution layer, consensus layer, and data availability layer.
In addition to these four standard layers, Lumoz introduces a core Prover Layer, which provides censorship-resistant distributed computing to execute ZKP, ensuring the authenticity and validity of transaction states.
Dual Narrative: ZK Compute Resources + EigenLayer Re-Staking
Lumoz integrates powerful ZK compute resources with the @eigenlayer re-staking mechanism through Lumoz Oracle, zkProver, zkVerifier, and Lumoz Chain. This allows users to re-stake already staked tokens into EigenLayer, enhancing the security of its Active Verification Services (AVS). The staked tokens also serve as collateral to prevent malicious behavior by nodes.
This process allows multiple verification servers to share a set of tokens, enhancing resource utilization and computational efficiency—crucial for generating ZKPs that require high computational power. Through re-staking, Lumoz better supports various EVM-compatible blockchain environments, such as Polygon EVM and Scroll, thereby increasing the platform’s scalability.
Optimizing ZKP Computation and Submission Mechanisms
Lumoz has optimized the #ZKP computation and submission mechanisms, supporting parallel ZKP computation and sequential submission. ZKPs are divided into multiple sub-tasks, which can be computed on different zkProver nodes and then submitted in the correct sequence.
Additionally, Lumoz has introduced an innovative recursive aggregation algorithm for processing ZKPs. This algorithm aggregates multiple ZKPs into a smaller ZKP, reducing the size and complexity of ZKPs through recursive methods, thereby minimizing the demand for blockchain storage and computational resources.
The Aggregator functions as the core manager within zkProver, ensuring efficient task distribution and precise scheduling of verifications.
The Most Compatible ZK-RaaS Solution
From its inception, Lumoz has aimed to develop the most easily deployable and highly compatible ZK-Rollup solution. Today, the ZK-RaaS Launch Base supports all major zkEVM technologies, allowing developers to effortlessly deploy and launch ZK-Rollups with a few simple operations.
Specifically, Lumoz’s ZK-RaaS platform supports multiple architecture models.
Thanks to Lumoz’s contributions, deploying ZK-Rollups will transition from being difficult to becoming easy, potentially marking the beginning of a wave of ZKP applications.
zkVerifier License Sale
Lumoz has introduced a zkVerifier certification mechanism, offering 100,000 licenses available in 10 different price tiers. Only users holding a license are permitted to operate zkVerifier nodes, and these licenses can be delegated to other nodes for operation, generating revenue for the license holder. The zkVerifier sale is divided into three phases: the Whitelist Registration Phase (June 17, 15:00, UTC+8), the Whitelist Sale Phase (June 25, 15:00, UTC+8), and the Public Sale Phase (July 3, 15:00, UTC+8). Users on the whitelist enjoy a 10% discount during the whitelist sale and can earn a 10% commission by inviting others to purchase.
Unlike traditional node license sales, Lumoz offers Lumoz points as rewards. From June 25 to August 4, 1 million Lumoz points will be distributed daily. The distribution will be based on the staked license weight, and participating teams can increase their overall weight. The earlier a license is purchased and staked, the greater the potential rewards. After the Token Generation Event (TGE), users holding Lumoz points will be eligible to share 25% of the total token supply.
Lumoz also provides a refund mechanism for unsold licenses, allowing users to refund 80% of their purchase price within a six-month window after the TGE, significantly reducing risk.
Clearly, purchasing a zkVerifier license is a lucrative opportunity, offering high returns with relatively low risk. As a result, the license sale has been highly competitive. As of this writing, 64,708 licenses have been sold, reaching the 7th pricing tier, with a Fully Diluted Valuation (FDV) of an astonishing $79,131,216.
OKX Launchpad Node Sale
OKX and Lumoz have partnered to launch a zkVerifier Launchpad event from July 11, 18:00 to July 18, 00:00 (UTC+8), offering 200 Tier 3 nodes (priced at 265 USDT each) and 800 Tier 4 nodes (priced at 304 USDT each). Participants who complete tasks on the OKX website during the event can purchase nodes at a discount of up to 40%. Currently, 36,352 participants have joined the event.
Token Model
Lumoz employs a dual-token governance model, featuring MOZ and esMOZ tokens.
MOZ is the native token of the mainnet and serves as a core asset.
esMOZ, on the other hand, is the governance token for the ecosystem, used for mainnet ecosystem development and maintenance.
It is worth noting that the exchange ratio between esMOZ and MOZ changes over time. The redemption rate is 100% after a 10-day redemption period, 70% after a 7-day period, 50% after a 3-day period, and 10% after a 1-day period. This redemption mechanism helps alleviate the market pressure from miner tokens and effectively prevents large-scale redemptions of esMOZ following a hack, thereby protecting the interests of MOZ purchasers.
The rapid evolution of ZK-Rollups was almost inevitable when Vitalik Buterin proposed in 2022 that ZK-Rollups would be the best Layer 2 Rollup solution for the future.
Lumoz is set to integrate the previously fragmented ZK-Rollup landscape by optimizing ZK-Rollup development and creating a streamlined deployment process for ZK-Rollups.
Overall, Lumoz tackles previous challenges like the complexities of deploying ZK-Rollups and the high computational demands, marking a significant advance towards the future development of ZK-Rollups.
Scaling Layer 1 is Imperative
As the number of Ethereum users continues to grow, the network becomes increasingly congested, especially during high-demand events like token launches, where gas fees often skyrocket. The rising price of $ETH further exacerbates this issue, making small transactions economically unfeasible. Therefore, improving storage efficiency, transaction throughput, and reducing transaction latency are crucial for Ethereum’s development.
Traditional #Layer1 scalability solutions generally fall into two categories: On-chain and Off-chain. On-chain solutions involve updates and optimizations to Layer 1 through consensus mechanism changes, sharding, or block size increases. Off-chain solutions, which include sidechains and Layer 2, primarily operate off the main chain. The key difference is that sidechains rely on their security protocols, whereas Layer 2 solutions depend on the main chain’s security, making Layer 2 generally more secure.
Historically, Layer 2 solutions have improved transaction efficiency by processing transactions off-chain and then submitting the results on-chain, leveraging the high security of the Ethereum mainnet. The three main Layer 2 solutions currently in use are Channels, Plasma, and Rollup. Since #Rollup is essentially an advanced extension of Plasma, offering higher security, state validity, and data verification capabilities, it has become the primary direction for future #Layer2 development.
Who Leads in the Rollup Space?
Rollup technology has two main branches: #Optimistic-Rollup and #ZK-Rollup. Optimistic-Rollup assumes that the transactions submitted to the main chain are valid without immediate verification, allowing for rapid transaction processing. A challenge period of approximately one week is provided, during which other validators can challenge and submit evidence against any transaction. If the challenge is successful, the transaction is rolled back, and the party at fault is penalized.
In contrast, ZK-Rollup verifies the correctness of transactions instantly using zero-knowledge proofs, ensuring nearly 100% fraud-proof transactions. Overall, ZK-Rollup offers higher security than Optimistic-Rollup and does not require a challenge period for transaction confirmation, making it a more promising solution for future applications. It’s no surprise that Vitalik Buterin has repeatedly stated that ZK-Rollup is the main direction for future Layer 2 development.
However, due to the significantly higher technical complexity of ZK-Rollup compared to Optimistic-Rollup, the mainstream market for Rollup technology is still dominated by Optimistic-Rollup.
Rollup Market TVL Distribution
Currently, @arbitrum is the leading Optimistic-Rollup, commanding 31.36% of the total value locked (TVL), while the corresponding @zksync Era holds only 1.32% of the TVL. This disparity highlights the critical significance of developing standardized ZK-Rollup solutions and expanding the ZK-Rollup application market step by step. The comprehensive solutions offered by @LumozOrg may be the key to breaking this impasse.
Lumoz: A Comprehensive ZK Platform
Lumoz Network is a globally distributed modular computing network that integrates with the #DePIN network to create a powerful, secure, and flexible computing platform supporting ZK-Rollup, ZK ML, and ZKP technologies. Lumoz is also focused on building ZK-RaaS (Zero-Knowledge Rollup as a Service), aiming to provide a complete suite of ZK-Rollup deployment and implementation solutions. These solutions address various challenges such as incompatibility between existing ZK-Rollup solutions, centralized computing power, and concentrated risks.
ZK Rollup
Deep Expertise in the ZK Field
Unlike the numerous concept projects flooding the Web3 space, Lumoz has been deeply engaged in the ZK field for many years. Its founder, Nanfeng, has held executive positions in several top-tier tech companies and investment firms, bringing a wealth of technical knowledge and outstanding blockchain project management skills. This forward-thinking approach led him and his team to explore and research the ZK field starting in 2018.
Beyond these impressive valuations, Lumoz has also demonstrated outstanding results in practice. Since launching its testnet in May 2023, Lumoz has achieved 28,403 POW nodes, 16 active Rollups, 470,000 ZKP submissions, and 20 million transactions to date.
Lumoz Operational Overview
On the technical side, Lumoz has launched the ZK-Rollup Launchbase, expanding support for ETH, BSC, and Polygon testnets while offering various modular components such as Data Availability (DA) and shared sequencers. Lumoz has also achieved several groundbreaking innovations, including the ZKP Two-step Algorithm, NCRC, zkVerifier node validation mechanism, and a highly compatible technical stack for the Lumoz RaaS Launchbase. Additionally, Lumoz provides support for Merlin chain’s ZK computation on ZKFair, marking the initial success of its technological implementation.
Lumoz Provides a Modular Compute Layer
Modular Rollups presents a novel approach to addressing the blockchain trilemma by decomposing the blockchain system into different modules, creating a layered structure that enhances transaction processing and data management. This approach helps balance decentralization, security, and scalability. A typical Rollup generally includes the settlement layer, execution layer, consensus layer, and data availability layer.
In addition to these four standard layers, Lumoz introduces a core Prover Layer, which provides censorship-resistant distributed computing to execute ZKP, ensuring the authenticity and validity of transaction states.
Dual Narrative: ZK Compute Resources + EigenLayer Re-Staking
Lumoz integrates powerful ZK compute resources with the @eigenlayer re-staking mechanism through Lumoz Oracle, zkProver, zkVerifier, and Lumoz Chain. This allows users to re-stake already staked tokens into EigenLayer, enhancing the security of its Active Verification Services (AVS). The staked tokens also serve as collateral to prevent malicious behavior by nodes.
This process allows multiple verification servers to share a set of tokens, enhancing resource utilization and computational efficiency—crucial for generating ZKPs that require high computational power. Through re-staking, Lumoz better supports various EVM-compatible blockchain environments, such as Polygon EVM and Scroll, thereby increasing the platform’s scalability.
Optimizing ZKP Computation and Submission Mechanisms
Lumoz has optimized the #ZKP computation and submission mechanisms, supporting parallel ZKP computation and sequential submission. ZKPs are divided into multiple sub-tasks, which can be computed on different zkProver nodes and then submitted in the correct sequence.
Additionally, Lumoz has introduced an innovative recursive aggregation algorithm for processing ZKPs. This algorithm aggregates multiple ZKPs into a smaller ZKP, reducing the size and complexity of ZKPs through recursive methods, thereby minimizing the demand for blockchain storage and computational resources.
The Aggregator functions as the core manager within zkProver, ensuring efficient task distribution and precise scheduling of verifications.
The Most Compatible ZK-RaaS Solution
From its inception, Lumoz has aimed to develop the most easily deployable and highly compatible ZK-Rollup solution. Today, the ZK-RaaS Launch Base supports all major zkEVM technologies, allowing developers to effortlessly deploy and launch ZK-Rollups with a few simple operations.
Specifically, Lumoz’s ZK-RaaS platform supports multiple architecture models.
Thanks to Lumoz’s contributions, deploying ZK-Rollups will transition from being difficult to becoming easy, potentially marking the beginning of a wave of ZKP applications.
zkVerifier License Sale
Lumoz has introduced a zkVerifier certification mechanism, offering 100,000 licenses available in 10 different price tiers. Only users holding a license are permitted to operate zkVerifier nodes, and these licenses can be delegated to other nodes for operation, generating revenue for the license holder. The zkVerifier sale is divided into three phases: the Whitelist Registration Phase (June 17, 15:00, UTC+8), the Whitelist Sale Phase (June 25, 15:00, UTC+8), and the Public Sale Phase (July 3, 15:00, UTC+8). Users on the whitelist enjoy a 10% discount during the whitelist sale and can earn a 10% commission by inviting others to purchase.
Unlike traditional node license sales, Lumoz offers Lumoz points as rewards. From June 25 to August 4, 1 million Lumoz points will be distributed daily. The distribution will be based on the staked license weight, and participating teams can increase their overall weight. The earlier a license is purchased and staked, the greater the potential rewards. After the Token Generation Event (TGE), users holding Lumoz points will be eligible to share 25% of the total token supply.
Lumoz also provides a refund mechanism for unsold licenses, allowing users to refund 80% of their purchase price within a six-month window after the TGE, significantly reducing risk.
Clearly, purchasing a zkVerifier license is a lucrative opportunity, offering high returns with relatively low risk. As a result, the license sale has been highly competitive. As of this writing, 64,708 licenses have been sold, reaching the 7th pricing tier, with a Fully Diluted Valuation (FDV) of an astonishing $79,131,216.
OKX Launchpad Node Sale
OKX and Lumoz have partnered to launch a zkVerifier Launchpad event from July 11, 18:00 to July 18, 00:00 (UTC+8), offering 200 Tier 3 nodes (priced at 265 USDT each) and 800 Tier 4 nodes (priced at 304 USDT each). Participants who complete tasks on the OKX website during the event can purchase nodes at a discount of up to 40%. Currently, 36,352 participants have joined the event.
Token Model
Lumoz employs a dual-token governance model, featuring MOZ and esMOZ tokens.
MOZ is the native token of the mainnet and serves as a core asset.
esMOZ, on the other hand, is the governance token for the ecosystem, used for mainnet ecosystem development and maintenance.
It is worth noting that the exchange ratio between esMOZ and MOZ changes over time. The redemption rate is 100% after a 10-day redemption period, 70% after a 7-day period, 50% after a 3-day period, and 10% after a 1-day period. This redemption mechanism helps alleviate the market pressure from miner tokens and effectively prevents large-scale redemptions of esMOZ following a hack, thereby protecting the interests of MOZ purchasers.
The rapid evolution of ZK-Rollups was almost inevitable when Vitalik Buterin proposed in 2022 that ZK-Rollups would be the best Layer 2 Rollup solution for the future.
Lumoz is set to integrate the previously fragmented ZK-Rollup landscape by optimizing ZK-Rollup development and creating a streamlined deployment process for ZK-Rollups.
Overall, Lumoz tackles previous challenges like the complexities of deploying ZK-Rollups and the high computational demands, marking a significant advance towards the future development of ZK-Rollups.