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<ul>
 <li>The Ethereum Foundation and partners fund $900,000 ZK L2 development.</li>
 <li>It encourages ideas from performance to UX/UI in ZK L2s.</li>
 <li>Interested parties can pply by March 18 for ZK L2 ecosystem contributions.</li>
</ul>
<p>The <a href="https://ethereum.foundation/" target="_blank" rel="noopener noreferrer nofollow">Ethereum Foundation</a>, in partnership with Aztec, Polygon, Scroll, Taiko, and zkSync, has initiated the first <a href="https://esp.ethereum.foundation/zk-grants" target="_blank" rel="noopener noreferrer nofollow">ZK Grants Round</a>, encouraging research and development for Zero-Knowledge proofs and standards for ZK L2s. A collaborative effort within the Ecosystem Support Program, each collaborator contributed $150K, totaling an impressive $900K prize pool.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4e3.png" alt="📣" class="wp-smiley" style="height: 1em; max-height: 1em;"> The first ZK Grants Round is now open!<br><br>The Ethereum Foundation, in collaboration with Aztec, Polygon, Scroll, Taiko, and zkSync, contributed $150K each to the shared prize pool, totaling $900K.<br><br>Apply before March 18th! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/u1lGRfc4CV" rel="noopener noreferrer nofollow">https://t.co/u1lGRfc4CV</a></p>— Ethereum Foundation (@ethereum) <a href="https://twitter.com/ethereum/status/1760378315141939674?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 21, 2024</a>
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<p>The grants initiative seeks proposals in various areas, including performance benchmarking, ZK DevX improvements, security benchmarking, inclusion tools for ZK and validity-proof based L2s, zkDSL transpilers, hardware acceleration, and multi-prover systems. A comprehensive wishlist provides details on the high-level topics.</p>
<p>Open to individuals, teams, and organizations, applicants must submit a written proposal in English, detailing the scope of work, budget, and timeline, along with an applicant profile and a link to published work. The application window is from February 21st to March 18th, 2024. Projects must be open source, aligned with the round’s goals, and serve as public goods benefiting the Ethereum ZK L2 ecosystem.</p>
<p>Projects are evaluated based on their potential impact on the Ethereum ZK L2 ecosystem, overall <a href="https://cryptonewsland.com/matic-may-see-recovery-ahead-of-polygon-zkevm-launch/" target="_blank" rel="noopener noreferrer nofollow">value to multiple L2s</a>, documentation clarity, and the capability of the individual or team. Eligible projects should align with the round’s goals and be open source. However, financial products, art projects, and those requesting retroactive funding are not eligible.</p>
<p>With applications closing on March 18th, 2024, successful proposals will be notified 6-8 weeks after the deadline. The initiative reflects a collective effort to enhance the Ethereum ZK L2 ecosystem, fostering <a href="https://cryptonewsland.com/ethereum-surges-past-2600-barrier-further-gains-ahead/" target="_blank" rel="noopener noreferrer nofollow">growth and development</a> in the blockchain space.</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
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 <li><a href="https://cryptonewsland.com/unlocking-bitcoins-potential-introducing-merlin-chain-a-native-l2-solution/" rel="noopener noreferrer nofollow">Unlocking Bitcoin’s Potential: Introducing Merlin Chain, a Native L2 Solution</a></li>
 <li><a href="https://cryptonewsland.com/arbitrums-41-5-million-grant-program-fuels-competition-in-layer-2-space/" rel="noopener noreferrer nofollow">Arbitrum’s $41.5 Million Grant Program Fuels Competition in Layer 2 Space</a></li>
 <li><a href="https://cryptonewsland.com/kraken-may-launch-own-blockchain-l2-network-following-coinbases-success/" rel="noopener noreferrer nofollow">Kraken May Launch Own Blockchain L2 Network Following Coinbase’s Success</a></li>
 <li><a href="https://cryptonewsland.com/?p=148116" rel="noopener noreferrer nofollow">VeChain Launches Revamped Grants 2.0 Program, Shows Commitment to Blockchain</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/ethereum-foundation-launches-zk-grants-round-900k-shared-prize-pool/" rel="noopener noreferrer nofollow">Ethereum Foundation Launches ZK Grants Round: $900K Shared Prize Pool</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Ethereum Foundation Launches ZK Grants Round: $900K Shared Prize Pool

Crypto News Land

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