Champaign, Illinois, United States, July 2nd, 2024, Chainwire
Pi Squared, (Proof of Proof), introduced the closure of their first capital increase. Led by Polychain Capital, the syndicate contains ABCDE, Bloccelerate, Generative Ventures, Robotic Ventures, and Samsung Subsequent. Angel buyers embody Shumo Chu, Harish Devarajan, Justin Drake, Sreeram Kanaan, Csongor Kiss, George Lambeth, Yilong Li, Calvin Liu, Lucian Mincu, Karthik Raju, and Widespread Prefix.
Utilizing zero-knowledge (ZK) expertise in a correct-by-construction and essentially distinctive manner, Pi Squared will allow trustless distant computing, AI, and interoperable good contracts for any blockchain or dApp. This will likely be made doable by way of the creation of a common and disarmingly small ZK circuit that checks the integrity of mathematical proofs, which is able to present verifiable-computing correctness ensures to all languages and digital machines (VMs) alike straight from their formal semantics, with none translation to a typical language, VM, or instruction set structure (ISA).
“Our mission is to revolutionize verifiable computing, making it common for all languages and digital machines, inherently correct-by-construction, and lightning-fast,” says Grigore Roșu, CEO of Pi Squared and CS Professor at College of Illinois Urbana-Champaign. “It will have many functions, together with a common settlement layer (USL) so all Blockchains, L1s and L2s, could be common, right, inter-operable and environment friendly. It doesn’t finish there, our long-term mission is to settle all science and data on USL.”
“Pi Squared’s proof of proof expertise could have a transformative affect throughout Web3 and past,” mentioned Karthik Raju, GP at Polychain Capital. “Pi Squared’s common ZK circuit will considerably enhance the attain and applicability of Web3 for everybody, from builders to finish customers.”
Pi Squared will allow the subsequent era of verifiable computing that’s common and scalable with an optimally minimal belief base. The primary product powered by Pi Squared is the Common Settlement Layer (USL), an structure for modular blockchains that permits the next traits:
Universality
Computations could be expressed in any high-level or digital machine language, with out the necessity for compilers or translators.
Provable correctness
Computations verified by the USL are mathematically confirmed to be right, and any exterior entity can independently confirm the correctness of the state of the USL.
Belief Base Minimality
USL exposes any belief assumptions in upper-layer computations for elevated transparency, end-user consciousness, and can decrease the belief base by way of correctness proofs.
App Interoperability
The USL will assist interoperability between completely different software modules and networks (e.g. appchains).
Determinism and reproducibility
The validation is reproducible and independently verifiable by any exterior entity.
Pi Squared’s USL due to this fact offers end-to-end correctness ensures for generic computations whereas minimizing the belief base underlying these computations. USL promotes verifiable computing as the usual distributed computing paradigm with out requiring or selling explicit domain-specific languages (DSLs), VMs, or execution environments, all whereas being environment friendly and scalable.
Pi Squared will likely be presenting and exhibiting at occasions round EthCC in Brussels from July eighth to eleventh. Attendees can hearken to Pi Squared’s CEO, Grigore Roșu, converse at Restaking & Infra Day on July eighth and L2con on July ninth.
About Pi Squared
Pi Squared means ZK proofs of mathematical proofs. Pi Squared makes use of ZK expertise in a correct-by-construction and essentially distinctive manner. A common and disarmingly small ZK circuit offers verifiable-computing correctness ensures to all languages and VMs alike, with none translation to a typical language, VM, or ISA. Pi Squared is led by UIUC professor Grigore Rosu, founding father of the Ok framework and of Runtime Verification, and consists of researchers and founders of profitable initiatives in formal strategies, blockchain, and AI/ML.
To guide a gathering with Pi Squared’s CEO and group, attendees can attain out to contact@pi2.community.
To study extra about Pi Squared’s imaginative and prescient and Proof of Proof, go to pi2.community and comply with Pi Squared on social media.
Head of Advertising
Chris Hazelton
Pi Squared Inc
media@pi2.community