Nexus Enters Strategic Agreement With IO.NET To Increase Computing Power For The Network

Nexus – the blockchain dedicated to building a verifiable Internet – Decentralized Physical Infrastructure Network (DePIN) – is obsessed with io.net.

Cooperation Main The goal is to strengthen the previous computing power and double its mission. Zero-knowledge proof Services accessible to all users.

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Partnership details

According to the shared document CryptopotatoThe joint effort will leverage io.net's decentralized GPU infrastructure to expand the computing power available for evidence generation in the Nexus zero-knowledge virtual machine.zkVM).

Nexus also integrates partner laaS solutions to extend the network of authenticators, bridges, relays and oracles across Web3 ecosystems. LaaS (Liquidity-as-a-Service) refers to a mechanism that helps decentralized financial projects to find, manage and facilitate liquidity across multiple trading platforms.

Working together, the two components will increase the computational resources dedicated to verification in Nexus zkVM, improving efficiency and shortening implementation times for developers and businesses.

Those improvements align with Nexus' mission to make its services accessible to everyone, allowing developers, decentralized applications and businesses to use them more efficiently.

Last but not leastThe partnership lays the foundation for a more interconnected, verifiable and scalable Web3 ecosystem. For Web3 developers, the availability of dedicated GPU computing resources will help Nexus expand, connecting creative infrastructure to practical applications.

“Mandatory Action Forward”

The news of the collaboration was commented on by both management teams. Alex Fowler, Chief Strategy Officer at NexusHe described the deal as a “significant step towards increasing the capacity of the Nexus network.”

“By combining our zero-knowledge authentication technology with io.net's decentralized computing infrastructure, we are creating a more scalable and accessible authentication solution that benefits developers and users worldwide.”

On the other hand Tausif Ahmed, Chief Business Development Officer of io.net, said the partnership with Nexus reinforces the entity's commitment to developing innovative Web3 technologies.

“In a unified, decentralized and privacy-first future, we're enabling zero-knowledge authentication to thrive at scale,” he said.