Risc Zero’s 'Boundless' Incentivized Testnet Goes Live

Key Points

1. Boundless is a decentralized zero-knowledge (ZK) compute marketplace powered by RISC Zero, now live on Base, Coinbase’s Ethereum layer-2 network.

2. Developers can use the testnet to build and test ZK proofs with a network of independent 'ZK provers or miners' who generate and verify proofs.

3. Participants can earn early allocations of the $ZKC token based on the volume, speed, and complexity of proofs generated.

4. The network uses a Proof of Verifiable Work (PoVW) consensus mechanism, rewarding ZK miners for verifying proofs within a ZK Virtual Machine.

5. Boundless aims to enhance blockchain scalability by enabling secure, cross-chain computing without redundant tasks, improving efficiency.