Web3 computation refers to the execution of programs and smart contracts on decentralized networks, rather than on centralized servers. This paradigm utilizes blockchain technology and distributed ledger systems for verifiable and censorship-resistant processing. It enables applications to operate without a single point of control. Web3 computation is a core element of decentralized internet infrastructure.
Context
The scalability and efficiency of Web3 computation are central challenges, as decentralized networks often face limitations in processing speed compared to centralized systems. Debates focus on layer-2 solutions, sharding, and alternative consensus mechanisms to enhance computational throughput. Future developments will likely involve advancements in zero-knowledge proofs and other cryptographic techniques to improve the speed and privacy of decentralized computations.
This research fundamentally characterizes incentive mechanisms for verifiable computation, balancing decentralization against execution efficiency in strategic environments.
ZkVerify's new L1 blockchain significantly reduces ZK-proof verification costs, enabling scalable, multi-chain privacy and computational integrity for the application layer.
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