According to PANews on August 23, according to The Block, the zero-knowledge proof company Risc Zero released the open source block proof technology Zeth, which aims to help develop Ethereum-based L2 solutions and related client software. More specifically, Zeth aims to help develop a ZK rollup whose code is compatible with the ethereum blockchain, also known as the zero-knowledge ethereum virtual machine (or zkEVM). Developers can leverage Zeth on a specific framework provided by the team called "Risc Zero zkVM" to facilitate this process. Proofs for Ethereum blocks can be generated in just a few minutes and verified on-chain using Zeth, Risc Zero said.
According to previous news in July, RISC Zero completed a $40 million Series A financing led by Blockchain Capital.