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

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

CointimeCointime2024/05/24 12:10
By:Cointime

Derivio, a decentralized derivatives trading protocol on zkSync, announced a transition to a brand new network called Derivio Network. This is a blockchain network tailored to enhance Ethereum's capabilities, fully compatible with the Solana Virtual Machine (SVM), and optimized for higher performance and efficiency.Derivio Network's main features include: Scalability and performance: Derivio Network is a custom-built solution from scratch, providing security guarantees through optimistic ZKVM fraud proofs by Ethereum, enabling trustless bridging across existing chains and ecosystems. Enhanced FHE privacy: By deploying advanced cryptographic designs (ZK+MPC/FHE), 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 SVM's parallel execution capabilities, Derivio Network is compatible with the existing high-throughput blockchain application developer ecosystem.

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