A Verification Market is a decentralized system where participants offer and consume services for verifying computational proofs or data integrity. In this market, one party submits a computational task and an associated proof, and other parties compete to verify the proof’s correctness. Successful verifiers are rewarded, creating an economic incentive for honest validation.
Context
Verification Markets are a significant development for scaling blockchain networks and enabling verifiable off-chain computation. They allow complex calculations to occur outside the main chain, with only a concise proof submitted for on-chain verification, drastically reducing costs and increasing throughput. This market model is central to the development of zero-knowledge rollups and other advanced scaling solutions, fostering trust in distributed computing.
Proof of Compute re-engineers consensus by rewarding verifiable ZK computation, fundamentally transforming computational work into a yield-bearing asset.
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