We are here to usher in the future of blockchain-powered by Zero-Knowledge scaling solutions, bringing the X factor to Zero-Knowledge Proof (ZKP) technology and pushing the frontier of ZK in practical use cases and decentralized applications.

We are an incubator that bridges the gap between the East and the West, connecting US VCs and global communities to Asia’s growing spectacle of scaling solutions. ScalingX is open to anyone who believes in ZKP technology and wants to utilize it to unlock t

Since the advent of Bitcoin in 2009, blockchain technology has evolved dramatically, transforming from a simple cryptocurrency ledger to a platform widely used in decentralized applications. Its fundamental properties—immutability, transparency, and decentralization—have established blockchain as a solid framework for secure data transactions, eliminating the need for traditional intermediaries.
Although blockchain technology has advanced, concerns about data privacy remain. While blockchain ensures the security of data transmission through encryption, the decryption process in order to process the data can present potential security holes. This vulnerability is particularly significant in areas where data confidentiality and integrity are critical, such as decentralized applications (dApps) and financial systems running within the Web3 framework.

At a critical turning point in this new technological era, huge trends in the fields of artificial intelligence (AI) and Crypto have begun to merge, bringing profound changes to the entire industry. The emergence of breakthrough technologies such as ChatGPT in the AI ​​field will attract a staggering $25 billion in investment in 2023 alone, a fivefold increase from the previous year. This surge not only demonstrates continued confidence in the potential of AI, but also reignites heated discussions about the convergence of AI and Crypto. Notably, Ethereum co-founder Vitalik Buterin made an important contribution on this topic, providing insights into the promises and challenges of integrating AI with Crypto.

In 2023, Manta Network experienced explosive growth, characterized by significant advancements, groundbreaking product launches, and a strong commitment to zero-knowledge (ZK) technology innovation. As the first ZK application platform that is equivalent to the Ethereum Virtual Machine, Manta Network has achieved an important milestone in the field of zero-knowledge applications. This ecosystem provides an unparalleled experience for developing and adopting advanced Web3 applications through the effective use of ZK cryptography. Today we’ll take a deep dive into the evolution of the Manta Network ecosystem and what the future holds for the network.

At the beginning of the new year, ScalingX launched the 2023 annual summary report as scheduled, providing strong confirmation of our commitment to promoting the development and growth of blockchain applications. In 2023, we rose to the challenge with the industry, resulting in a wealth of collaborations and key developments in the Web3 space, marking significant progress in a volatile industry.
Our growth is more than just numbers or metrics, it’s a real impact. Looking back on the past twelve months, we warmly invite you to dig deeper into the wonderful moments along the way.

Blockchain technology has revolutionized all walks of life, enabling secure and transparent transactions without intermediaries. Despite its transformative impact, integrating real-world data into blockchain systems remains a persistent challenge. Oracles play a key intermediary role in this process, seamlessly connecting the blockchain with external data sources. However, traditional oracles often rely on trusted third parties, raising concerns about reliability and security.
Therefore, a new and promising solution emerged, namely the ZK oracle. It fully leverages the power of Zero-Knowledge Proofs (ZKP) to meet these challenges. This innovative approach cleverly combines the advantages of ZKP and oracles to ensure a higher level of data privacy in the blockchain space.

Once upon a time, maintaining personal identity was a relatively simple matter; necessary documents such as passports and birth certificates were kept secure and shared face-to-face when needed. However, as the digital realm becomes our new territory, and as we enjoy the convenience brought by virtual identity verification, we gradually find that the convenience and accessibility of centralized data systems are accompanied by complex problems and fragmentation. This leaves users with a tricky choice: Should privacy and security be sacrificed for convenience and accessibility?
Initially, the idea of ​​centralizing our data was intended to simplify processes, but it inadvertently made us more vulnerable. Data is stored centrally in digital databases, making it a magnet for hackers. This has resulted in a chaotic online environment where data breaches continue to occur and puts third parties in control of our personal information, which is often stolen, traded and misused.

On September 13, ScalingX and aelf successfully held an Afterparty event called “Beyond Scaling” at the Michelin two-star restaurant SKAI in the Stamford Hotel in Switzerland. The event coincided with Token2049 and F1 Week events. This event also specially invited a group of industry authorities to participate in the roundtable discussion. The guest lineup includes:
CEO, Outlier Venture, Jamie Burke, Managing Partner, DWF Labs, Andrei Grachev, Partner, Skybridge Capital and Managing Director, SALT Conference, John DarsieHack VC, Managing Partner, Alex PackWorldcoin Head of Product & Engineering, Akarsh Sanghi

Zero-knowledge proof (ZKP) is a powerful cryptographic tool that can verify the correctness of calculations while protecting the privacy of input data. As an integral part of this critical infrastructure, domain-specific languages ​​(DSLs) play a vital role, streamlining the development and verification process of ZKP circuits. They play an important role in linking abstract concepts to the precise circuit representations required to prove the system, acting as an important bridge between the two.
One of the key challenges in proving systems is translating abstract high-level concepts into actual circuits. However, the emergence of DSLs addresses this challenge by facilitating the structured expression of these abstract concepts in a more concrete and achievable way.

Introducing the “Transcend Beyond” Global Accelerator Alliance—a new alliance program led by ScalingX.

The Accelerator Alliance program is designed to create a strong connection between potential Web3 startups, regional incubators and our vast global network of accelerators. We firmly believe that while startup network and community development often thrive in their geographical origins, transcending geographical boundaries requires exposure to unfamiliar environments. This exposure may include participation in high-profile global events, access to public relations opportunities, access to support from accelerators outside the region, and access to rich insights from a variety of experts and mentors, among others.

Over the past year, many different solutions have emerged to address Ethereum’s scalability challenges. Among many potential solutions, the zero-knowledge Ethereum Virtual Machine (zkEVM) has stood out as one of the most popular choices among developers. Linea’s zkEVM is a relatively new contender in this space, but it’s certainly quickly gaining traction. Let’s take a deeper look at Linea and how it is attracting attention in the Ethereum community today.

So, what is zkEVM?

Before we dive into zkEVM, let’s first understand the basic concepts of zero-knowledge proofs (ZKPs), which are the foundation of zero-knowledge technology. Essentially, zero-knowledge proof is a cryptographic method that enables one party to prove to another party that it possesses specific information while avoiding revealing the actual content of the information. Currently, a variety of algorithms exist for generating zero-knowledge proofs, the most notable of which are zk-STARKs and zk-SNARKs.

In the rapidly developing field of blockchain technology, many protocols have been proposed and implemented. However, each protocol adopts a different consensus method-from computational proof-of-work to incentive-based Proof-of-Stake, etc. Since the early days of blockchain, liquidity and assets have gradually been dispersed among different chains due to differences in protocols in various aspects such as consensus, security, and programming languages. Cross-chain bridges emerge as a solution to this problem, reducing fragmentation and integrating liquidity between various blockchains. One such cross-chain bridge protocol is Wormhole, which facilitates the circulation of cryptocurrencies and non-fungible tokens (NFTs) between different smart contract blockchains such as Solana and Ethereum.

Ethereum is the product of significant progress in promoting human collaboration and individual autonomy mechanisms. As a globally recognized settlement network, Ethereum fundamentally changes the concepts of digital ownership and data immutability. Its permissionless nature enables individuals around the world to conduct seamless transfers across time zones and regions freely and without restraint.

The main advantage of this system is its commitment to decentralization and security, prioritizing these factors over speed and scalability. However, when a public blockchain lacks scalability, high transaction fees and limited throughput hinder the ability of developers, users, and various applications to fully utilize the network. This scalability limitation ultimately limits the potential of Ethereum as a whole.

‘The Hunt For

This highly competitive online hackathon brought together 203 participants from around the world to present 77 exciting projects. Bringing together visionary developers and innovators, this unique event explores Zero-Knowledge Proof (ZKP) technology and Random Number Generation (RNG) as groundbreaking solutions for scaling the unlimited potential of blockchain networks, Provides a unique platform. More than just exploration, this event provides vital support and fuel for continued development efforts in this promising field.

In this technologically advanced era, the advent of generative artificial intelligence such as ChatGPT and Midjourney has opened up new possibilities in fields such as design and art, software development, publishing and even finance. Generative artificial intelligence is like a miracle. It promises us to break through the boundaries of human creativity, greatly improve our productivity, and lead us on the road to a higher level of innovation.

In order to get software like ChatGPT and Midjourney to where they are today, it took years of research and training on vast amounts of data to develop the AI ​​models behind them. Taking ChatGPT as an example, it requires about 570GB of data set from web pages, books and other sources for training. Some of this data may come from users who may be completely unaware that their personal data is being used to train AI software. While much of the data collected and used may be harmless to the users themselves, inevitably some sensitive or private data may be mixed in and fed to the model without the user’s consent.

The Hunt For X Demo Day organized by ScalingX finally came to a successful conclusion a few days ago. Special thanks to the sponsors of this event - well-known Web3 brands such as ARPA and AELF for their strong support, which made this event an extraordinary success and influence. This exclusive event brings together forward-thinking developers and innovators while giving them a unique platform to delve into Zero-Knowledge Proof (ZKP) technology and Random Number Generation (RNG) as a way to scale blockchain. Endless possibilities for groundbreaking solutions for the web. This event not only promotes the exploration of zero-knowledge proof technology, but also provides the greatest support and motivation for the continued development of this dynamic field.

Web3 developer community and accelerator ScalingX successfully held a zero-knowledge technology (ZK) hackathon competition called "The Hunt For X" on the Buidlbox platform and achieved outstanding results in this event. The highly competitive virtual event brought together 203 entrants from around the world to compete for the honors of the competition. This hackathon produced 77 outstanding projects.

With support from renowned sponsors such as ARPA and AELF, "The Hunt for ) potential as a blockchain scaling solution. The four-week hackathon attracted countless top talents in the Web3 field, who provided innovative solutions as individuals or teams, providing momentum for the development of this emerging field.

For years, the blockchain industry has been fiercely debating how to scale Ethereum and which technology will be most successful in achieving this goal. After four years of development, the release of zkSync 2.0 may end that discussion. Let’s take a deep dive into the evolution of zkSync and its ecosystem, and what the future holds for the network in 2023.

What is zkSync?

First, let’s start with the basics. zkSync is an Ethereum Layer 2 (L2) scaling solution created by the Matter Labs team. Founded in 2018 and led by CEO Alex G., Matter Labs is headquartered in Germany and has more than 50 experienced developers, researchers and entrepreneurs, as well as key members including Chief Operating Officer (COO) Zoe Gadsden, Key members such as Chief Financial Officer (CFO) Ankur Rakshit, Chief Product Officer (CPO) Steve Newcomb and Shazia Hasan form the team.

Web3 developer community and accelerator ScalingX has joined forces with popular end-to-end hackathon platform Buidlbox to launch "The Hunt For X," a zero-knowledge proof (ZKP) hackathon competition. This is a competitive virtual coding event designed to explore zero-knowledge proof technology as a blockchain scaling solution. This event will run for three weeks, with submissions starting on April 12th and closing on May 5th. It will welcome developers and innovators from around the world and offer a prize pool totaling $40,500.

"The Hunt For The event will feature judges and mentors from leading organizations and projects in the industry, including Coinbase, ConsenSys, and StarkWare, who will evaluate the feasibility, creativity, and potential impact of submitted solutions. Judges and mentors for this event include:

Blockchain technology revolutionizes the way we think about trust, security, and decentralized systems. However, one of the major challenges facing blockchain adoption is scalability. As the number of users and transactions on a blockchain network grows, the processing power required to validate and authenticate transactions can become a bottleneck, resulting in slow transaction times, high fees, and inefficiencies. In recent years, many innovative solutions have emerged to address these scalability challenges, including ZK rollups, Optimistic rollups, Validium, and others. Among various scaling solutions, zkEVM is one of the hottest in this space. Let’s see if zkEVM is truly the holy grail of scaling!