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Lagrange Labs Launches its ZK Prover Network on EigenLayer, Powered by Coinbase, Kraken and OKX

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NEW YORK, June 4, 2024 /PRNewswire/ — Lagrange Labs has announced the launch of its Zero Knowledge (ZK) Prover Network on EigenLayer’s Mainnet, powered by Coinbase, OKX, Staked (a Kraken company), P2P.org, Ankr, Nethermind, Luganodes, and more. As the first decentralized proof network deployed in the industry, Lagrange’s ZK Prover Network is backed by more than 20 of the best institutional validator teams in the space. This marks the first time top-tier operators have united to run production-grade ZK provers as part of a decentralized network to finally enable mainstream access to ZK technology. Lagrange Labs’ latest $13.2M seed funding round served to accelerate the development of the Prover Network, which supports its hyper-parallel ZK Coprocessor protocol.

Lagrange’s ZK Prover Network launching as an Actively Validated Service (AVS) on EigenLayer offers unique advantages beyond the security and privacy inherent in ZK proofs. While ZK proofs guarantee the validity of a computation, there is no guarantee of liveness of when a proof will arrive to a blockchain. With Lagrange’s Prover Network, however, operators run provers and commit to generating proofs within a given time period and collateralize the commitment with capital. Failure to generate a proof on time results in a penalty in the form of slashing or non-payment, which incentivizes operators to perform as promised, resulting in high liveness guarantees. By deploying on EigenLayer’s low cost-of-capital environment with restaked ETH, users also benefit from a favorable cost structure, whereby they are required to pay less for liveness than alternative staking sources.

The Prover Network supports Lagrange’s ZK Coprocessor as its first proof type. The ZK Coprocessor allows developers to access verifiable compute at an extremely large scale by lifting intensive computations offchain and generating ZK proofs of the result to bring back onchain. Its specific approach involves breaking down and distributing work to Lagrange’s decentralized Prover Network, which is able to perform computational tasks in a hyper-parallel manner. As a result, Lagrange’s ZK Coprocessor can handle a much larger scale of computations and can generate the results and proofs significantly faster, compared to other ZK coprocessors on the market. 

Due to its network architecture, Lagrange’s ZK Prover Network is also able to support different categories of proofs, including data consumption, database construction, data ordering, etc. The Prover Network consists of two primary actors: Gateways and Provers. Each Gateway is responsible for managing a queue of work that different Provers commit to perform. While Lagrange Labs operates the first Gateway for its ZK Coprocessor, operators can also define and operate their own Gateways to support different dapps and protocols, by setting their own rules around the types of proofs, hardware requirements, the distribution of work and operator payment splits.

Ismael Hishon-Rezaizadeh, Founder and CEO of Lagrange Labs, elaborates, “The hyper-parallel nature of Lagrange’s ZK Prover Network and its deployment on EigenLayer supported by top operators enables an efficient two-sided marketplace where different types of complex queries can be supported by reliable proof categorization and generation. This will finally open up ZK’s functionality for mainstream adoption.”

The Lagrange ZK Prover Network is supported by 20+ operators at launch, with more operators onboarding continuing to join. Those who are interested in becoming operators to run provers for Lagrange’s Network can do so by visiting Lagrange’s technical documentation. By deploying the first decentralized ZK prover network in the space, Lagrange Labs and partners are focused on bringing ZK into the hands of more builders and supercharging dapps with large scale verifiable compute.

For more information about Lagrange’s ZK Prover Network, visit https://www.lagrange.dev/blog.

About Lagrange Labs:
Lagrange Labs is the creator and distributor of a new Zero-Knowledge Coprocessing protocol that enables verifiable computations at big data scale across various blockchains. Its unique ZK Coprocessing approach involves a decentralized network of nodes that execute computations off-chain and generate ZK proofs of the results to submit on-chain, in a hyper-parallel manner, thereby unlocking significant efficiency and cost gains. By providing hyper-scalable proving, Lagrange opens the door for innovations in cross-chain interoperability and applications requiring complex computations over big data.

View original content:https://www.prnewswire.com/news-releases/lagrange-labs-launches-its-zk-prover-network-on-eigenlayer-powered-by-coinbase-kraken-and-okx-302163671.html

SOURCE Lagrange Labs

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DANAconnect and eSource Capital Launch PayrollTrace for Digital Payroll Compliance

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6 mins ago

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September 22, 2024

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PayrollTrace is an innovative, secure platform for paperless payroll receipt delivery, ensuring regulatory compliance and real-time traceability.

FORT LAUDERDALE, Fla., Sept. 22, 2024 /PRNewswire-PRWeb/ — DANAconnect, the leading company in automated business communications, in collaboration with eSource Capital, a prominent Google Cloud Partner in Latin America, announce the launch of PayrollTrace, an innovative platform designed for the secure and efficient digital delivery of payroll receipts, ensuring regulatory compliance and complete traceability in every transaction.

Paul Kienholz, CEO of DANAconnect, highlighted: “PayrollTrace is the next step in automating critical business processes, enabling companies to eliminate paper and manage payroll receipt deliveries with full confidence and transparency, while ensuring regulatory compliance.”

PayrollTrace automates the delivery of payroll receipts through multiple channels, including email and SMS, completely eliminating the use of paper or reliance on email. This solution not only simplifies human resources processes but also ensures regulatory compliance with verifiable technical reports that allow companies to manage and audit receipt deliveries in real time.

Paul Kienholz, CEO of DANAconnect, highlighted: “PayrollTrace is the next step in automating critical business processes, enabling companies to eliminate paper and manage payroll receipt deliveries with full confidence and transparency, while ensuring regulatory compliance.”

Juan Aguilera Franceschi, Managing Partner at eSource Capital, added: “Our partnership with DANAconnect allows us to offer companies in the region a robust solution that optimizes payroll management. PayrollTrace provides the security and flexibility companies need to manage payments efficiently and sustainably.”

The partnership between DANAconnect and eSource Capital combines DANAconnect’s strength in omnichannel business communications with eSource Capital’s expertise in cloud digital transformation. Together, they aim to provide businesses across the Americas with a comprehensive solution that not only optimizes payroll delivery but also ensures compliance with local regulations, guaranteeing that every transaction is backed by complete audits.

About DANAconnect

DANAconnect is a North American company and a leader in communication automation for financial companies through its omnichannel platform. It sends communications to more than 10% of the population of the Americas every month, ensuring secure deliveries, traceability, and large-scale regulatory compliance.

About eSource Capital

eSource Capital is a leading Google Cloud partner in Latin America, specializing in digital transformation and cloud solutions. With a focus on Google Workspace and Google Cloud, eSource Capital helps companies optimize their operations in the digital environment.

Media Contact

Fabiana Arroyo, DANAconnect Corp., 1 8556003262, info@payrolltrace.com, https://www.payrolltrace.com

Twitter, LinkedIn

View original content to download multimedia:https://www.prweb.com/releases/danaconnect-and-esource-capital-launch-payrolltrace-for-digital-payroll-compliance-302254651.html

SOURCE DANAconnect Corp.

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Siemon Announces Optical Patching Solutions for GenAI Networks Using NVIDIA Accelerated Computing

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6 hours ago

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September 22, 2024

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Siemon announces it is offering its full range of optical patching solutions to work specifically with NVIDIA AI infrastructure for generative AI networks.

WATERTOWN, Conn., Sept. 22, 2024 /PRNewswire-PRWeb/ — The Siemon Company, a global leader in network infrastructure solutions, today announced it is offering its full range of optical patching solutions to work specifically with NVIDIA AI infrastructure for generative AI networks. Large complex GPU clusters can benefit from using structured cabling patch panels versus point-to-point cabling. Siemon acts as a trusted advisor to customers by providing expert advice and best practice recommendations for design & deployment of NVIDIA AI Infrastructure.

“Siemon is very familiar with NVIDIA reference architectures and has worked with many customers to design and deploy NVIDIA clusters… Siemon offers a full range of AI-ready fiber cabling, DAC, and AOC solutions that support 400G, 800G, and 1.6T applications.”

As part of the solution integration, Siemon has joined the NVIDIA Partner Network (NPN) as a Solution Advisor Consultant. NPN Solution Advisor Consultants provide consultation services and expert advice to customers looking to implement NVIDIA-based solutions or technologies. Siemon joins the network to offer its expertise in addressing the unique infrastructure and cabling challenges presented by accelerated computing.

NVIDIA optical reach specifications are calculated assuming two optical patch panels are used in the link and assuming each employ two optical connectors, which makes for a total allowance of four optical connectors in the link. The Siemon optical patching solutions meet NVIDIA requirements and provide customers with flexibility and ease of management.

Media Contact

Brian Baum, Siemon, 1 8609454200, brian_baum@siemon.com

View original content:https://www.prweb.com/releases/siemon-announces-optical-patching-solutions-for-genai-networks-using-nvidia-accelerated-computing-302254640.html

SOURCE Siemon

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AMSimpkins & Associates Awarded Wisconsin Technical Purchasing Consortium Contract RFB 25-002TP – for Identity Verification Solutions

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7 hours ago

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September 22, 2024

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AMSimpkins & Associates has been awarded the Wisconsin Technical Colleges Purchasing Consortium (WTC-PC) contract for Identity Verification Solutions. This partnership includes providing their advanced S.A.F.E. (Student Application Fraudulent Examination) platform to 16 Wisconsin technical colleges, enhancing security and safeguarding against fraudulent student applications. With a focus on higher education, AMSA aims to support these institutions in maintaining the integrity of their admissions processes and preventing identity fraud. This collaboration underscores AMSA’s commitment to delivering innovative solutions tailored for the education sector.

ATLANTA, Sept. 22, 2024 /PRNewswire-PRWeb/ — AMSimpkins & Associates is proud to announce its selection by the Wisconsin Technical College System Purchasing Consortium (WTC-PC) to provide Identity Verification Solutions through the S.A.F.E. platform. The WTC-PC comprises 16 independent, publicly funded two-year technical colleges across Wisconsin, including Blackhawk Technical College, Chippewa Valley Technical College, Fox Valley Technical College, and Milwaukee Area Technical College, among others.

“We are honored by the Wisconsin Technical College Consortium’s trust in AMSA. This partnership further emphasizes our commitment to providing secure, innovative identity verification solutions that support the needs of educational institutions in protecting their students and operations.”

With a focus on preventing identity fraud, AMSimpkins & Associates’ comprehensive solutions will strengthen the security measures across admissions, enrollment, and financial aid processes, ensuring secure verification and compliance with federal and state regulations. S.A.F.E. will now support Wisconsin’s higher education system, offering its cutting-edge technology to streamline operations and safeguard student data.

“We are honored by the Wisconsin Technical College Consortium’s trust in AMSimpkins & Associates,” said Maurice Simpkins, President and Founder. “This partnership further emphasizes our commitment to providing secure, innovative identity verification solutions that support the needs of educational institutions in protecting their students and operations.”

As part of this agreement, AMSimpkins & Associates will deliver comprehensive services, including system integration, training, and ongoing support to ensure seamless implementation. S.A.F.E.’s capabilities are designed to evolve with growing threats of fraudulent activities, keeping institutions one step ahead in securing student identities.

Institutions in the Wisconsin Technical College System:

Blackhawk Technical CollegeChippewa Valley Technical CollegeFox Valley Technical CollegeGateway Technical CollegeLakeshore Technical CollegeMadison Area Technical CollegeMid-State Technical CollegeMilwaukee Area Technical CollegeMoraine Park Technical CollegeNicolet Area Technical CollegeNorthcentral Technical CollegeNortheast Wisconsin Technical CollegeNorthwood Technical CollegeSouthwest Wisconsin Technical CollegeWaukesha County Technical CollegeWestern Technical College

The S.A.F.E. platform’s advanced identity verification services will play a pivotal role in securing sensitive data and ensuring a safe and fraud-free environment for Wisconsin’s technical colleges and their students.

For more information about AMSimpkins & Associates and the S.A.F.E. platform, please visit amsa-highered.com.

Media Contact

LAQWACIA SIMPKINS, AMSimpkins & Associates, 1 6786824193, LSIMPKINS@AMSA-CONSULTING.COM, amsa-highered.com

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View original content:https://www.prweb.com/releases/amsimpkins–associates-awarded-wisconsin-technical-purchasing-consortium-contract-rfb-25-002tp—for-identity-verification-solutions-302253867.html

SOURCE AMSimpkins & Associates

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