Modular Blockchain Archives - Coin Engineer

What is zkVerify (VFY)?

Yeliz Akmaca — Mon, 29 Sep 2025 07:55:15 +0000

zkVerify (VFY) is a public, decentralized, high-performance Layer 1 blockchain dedicated to the verification of zero-knowledge proofs (ZKProofs). Its goal is to optimize costly, slow, and limited verification processes for ZK-rollups and ZK-based applications.

On general-purpose networks like Ethereum, verifying a single ZK proof can consume 200,000–300,000 gas and cost between $20–60 during peak times. zkVerify takes on this burden, providing a cheap, fast, and scalable verification layer for multiple networks.

Team & Development

Developer: Ellipsis Distributed Systems
Lead Contractor: Horizen Labs
Designed to solve rising verification costs and EVM limitations with the growth of ZK-rollups.

Partnerships

Horizen – Strategic collaboration
Base (Coinbase’s L2 solution) – One of the first major integrations
Additional: Developer competitions, grants, and community incentives support the ecosystem.

Project Idea and Purpose

The project’s core idea is solving the cost and complexity issues of ZK proof verification. As ZK-rollups and ZK technology expand, affordable and reliable proof verification becomes critical.

Main Goals of zkVerify:

Lower Verification Costs: Reduce costs by over 90% compared to Ethereum and stabilize them against gas volatility.
Proof System Independence: Directly verify multiple ZK proof systems (STARK, Groth16, Plonky2) without conversion.
Universal Verification Layer: Offer seamless, cross-chain verification across ecosystems like Ethereum, Solana, and more.

How It Works (Technical Innovation and Difference)

Dedicated Modular L1: A blockchain focused solely on ZK proof verification with its own consensus and security.
Proof-Agnostic Architecture: Compatible with Fflonk, Groth16, Plonky2, and easily expandable to new proof systems via runtime upgrades.
High Performance: Millisecond-level verification without competition from other transaction types.
Workflow: Accepts user-generated ZK proofs, verifies them, and records both proof and result on-chain.

Objectives and Solutions

Native verification for STARK and SNARK without conversion.
Multi-chain compatibility: Ethereum, Solana, Bitcoin L2s, etc.
Up to 90% savings on verification fees.
Millisecond-level scalability.

Governance

VFY holders can vote on:
Network upgrades
Protocol changes
Adding new proof types

Roadmap

May 2024: First testnet launch
Sept 2024: Community & developer testing
Q1 2025: Volta permanent testnet, staking, governance
June 2025: Horizen partnership + Base integration
July 2025: 1M verification transactions completed
September 30, 2025 – VFY token will be listed on Binance Alpha and Binance Futures.

VFY Token

Name: zkVerify (VFY)
Total Supply: 1,000,000,000 VFY
Max Supply: 1,000,000,000 VFY
Circulating Supply: 331,190,000 VFY

Utilities:

Transaction fees for verification
Staking for validator security
Governance voting
Incentives: developer grants, hackathons, community rewards

Distribution

Community: 373,064,875 VFY (37.3%)
Foundation: 330,635,125 VFY (33.1%)
Core Contributors: 196,300,000 VFY (19.6%)
Investors: 100,000,000 VFY (10%)
Unlock schedules are gradual with monthly releases post-TGE.

Ecosystem & Use Cases

Multi-chain compatibility: Single verification layer for Ethereum, Solana, Bitcoin L2s
AI Security: Proofs for AI models (deepfake prevention, data provenance)
Privacy Regulations: GDPR/CCPA-compliant proofing without leaking PII
ZK Applications & Rollups: Offload heavy verification to zkVerify for speed and cost reduction

Key Features

Modular L1 dedicated to ZK verification
Proof-agnostic: Groth16, Plonky2, Fflonk, STARK, RISC0, UltraPlonk supported
90%+ cheaper than Ethereum
Millisecond verification speeds
Future-proof with runtime upgrades

Official Links

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The post What is zkVerify (VFY)? appeared first on Coin Engineer.

Dill (DL) Overview: Next-Gen Modular L1 Blockchain

Yeliz Akmaca — Wed, 17 Sep 2025 12:07:03 +0000

Dill is a next-generation Layer 1 (L1) blockchain designed to maximize decentralization and provide limitless scalability. Built on modular and sharding technologies, Dill is designed to be five years ahead of Ethereum’s roadmap. Its architecture optimizes execution and data layers, offering unique scalability while maintaining high security and decentralization.

Innovative two-tier staking and mini-pool technology enable a decentralized validator set with low entry barriers. With a capacity of 1 million validators, Dill supports mass adoption of dApps. The network delivers 800,000+ transactions per second (TPS) and 20 MB/s data throughput on standard hardware.

Team and Founders

Dill’s team consists of experts in blockchain development and distributed systems. The founders prioritize decentralization and high performance. Validators and partner nodes ensure network security and scalability.

Investors and Partnerships

Dill has established strategic partnerships with leading investors and blockchain projects to expand its ecosystem and accelerate DL token adoption. Validator partners enable secure and scalable dApp deployment. DL token will soon be listed on Binance Alpha.

Binance Labs: Strategic support via Season 7 Incubation Program.
FSL (Find Satoshi Lab): Early-stage investor and Web3 expert.
Modular Capital: Supports the project’s technical vision.
LayerZero Angels: Investors supporting cross-chain communication goals.
Individual Backers: Santiago R Santos, TN (Pendle), Víctor (Manta), Saku (Matr1x).

Project Concept

Dill aims to solve the blockchain trilemma, providing high decentralization, scalability, and security simultaneously. The platform enables independent execution environments for applications, allowing dApps to use their own resources efficiently, with low fees and high performance.

Ethereum Limitation: Layer-2 solutions fragment the ecosystem, limiting Ethereum’s overall dApp impact.
Solana Limitation: High scalability compromises decentralization.

How Dill Works

Dill is a modular, sharded L1 blockchain built for scalability and decentralization. It has four main layers:

Base Layer – Handles consensus and data, securing the network with hundreds of thousands to millions of validators.
Settlement Layer – Ensures transaction finality and collects proofs, supporting security and validator rewards.
Execution Layer – Offers application-specific execution environments for independent operation and unlimited scalability.
Bridge Layer – Facilitates secure data and asset transfer between applications and layers, enhancing ecosystem interaction.

Two-Tier Staking Model

Dill uses a two-tier staking system for light and full validators. Light validators enable easy participation, while full validators ensure economic security and network stability, balancing decentralization with security.

Governance

Governance is conducted via token holders and validators. Validators play active roles in block production and consensus, ensuring both network security and participant involvement.

Roadmap

Q3 2025 – Mainnet Launch: Launch of Dill mainnet with high scalability, security, and decentralization.
Q4 2025 – Ecosystem Launchpool: Launchpool supports new projects and dApps.
Q1 2026 – Third-Party Bridge Integration: Enables cross-chain asset and data transfers.
Q2 2026 – Secure Native Bridge: A native bridge for secure, efficient cross-chain communication.

$DL Token – Use Cases and Distribution

Purpose: Dill provides a modular, sharded L1 blockchain for high-performance, economically independent dApps.

Total Supply: 6,000,000,000 DL
Max Supply: 6,000,000,000 DL
Circulating Supply: 1,180,000,000 DL

Primary Uses

Network security & staking rewards
dApp operations: execution environments, sharding, bridge access
Launchpool participation: early access & token rewards
Governance: voting on upgrades, parameters, and ecosystem initiatives

Token Distribution

TGE Incentives & Liquidity: 15% (900M)
Ecosystem & Community: 37.5% (2.25B)
Foundation & Treasury: 10% (600M)
Early Contributors & Advisors: 20% (1.2B)
Investors: 17.5% (1.05B)
Vesting: Gradual release over 10–36 months for long-term growth.

Staker Benefits

Higher staking yields
Early access to innovative dApps
Governance participation
Launchpool rewards in $DL and partner tokens
$DL is more than a token; it powers a decentralized economy supporting dApp development.

Ecosystem

Dill’s ecosystem includes validators, dApps, game developers, and AI agents. Launchpool and mini-pool staking enhance user and developer engagement, boosting DL demand and network security.

Features

800,000+ TPS and high data throughput
Supports up to 1 million validators
Two-tier staking model
Fast transaction finality with three-slot consensus
Application-specific execution environments
Low hardware requirements for light validators
Optimized for AI agents and fully on-chain games

Official Links

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What Is Fuel Network (FUEL)?

Yigit Taha OZTURK — Mon, 30 Jun 2025 18:00:26 +0000

With its modular architecture, developer-centric language, and exceptional transaction performance, Fuel Network is emerging as one of the most critical pillars of Web3 infrastructure. Thanks to its technical structure and strong investor base, Fuel Network offers a promising solution to the scalability problem within the Ethereum ecosystem.

Modular Architecture and Technical Infrastructure

Fuel Network is a high-performance, modular Layer-2 execution layer fully compatible with Ethereum. Its structure reduces on-chain congestion, enabling both lower transaction fees and higher throughput. Unlike traditional monolithic blockchains, it introduces an execution-first design. By separating consensus and data layers, it fully implements modular blockchain principles.

Here are the core components that distinguish Fuel Network from traditional Layer-2 solutions:

Modular Architecture: Execution, consensus, and data availability operate on separate layers, allowing each component to be independently optimized.
FuelVM: The project’s custom virtual machine, FuelVM, uses a register-based design to achieve faster and more efficient execution.
UTXO Model: Inspired by Bitcoin, this model enables parallel transaction execution while preventing double-spending.
Parallel Execution: Processes multiple transactions simultaneously with high security, which is crucial for high TPS.
Sway: A programming language derived from Rust, Sway is secure, readable, and developer-friendly. It also offers transpiler support for compatibility with Solidity-based projects.

Application Layer and Ecosystem

Fuel Ignition, the network’s first rollup-based implementation, offers the following performance metrics:

1-second block times
600+ TPS (with Ethereum data availability)
21,000+ TPS (with CPU-only execution)
Compatibility with EIP-4844
Over 60 active dApps

Highlighted projects within the ecosystem include:

Mira Exchange – AMM-based DEX
Swaylend – Lending protocol
Griffy – Prediction market
Thunder – NFT platform
Spark – Order book using predicates
Fuel Wallet – Official wallet
Fuel Bridge – Cross-chain bridge

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

FuelProver supports a hybrid verification system integrating both Optimistic and Zero-Knowledge (ZK) proof mechanisms, allowing developers to choose their preferred execution verification layer.

Founding Team

The team behind Fuel Network includes influential figures from the Ethereum community:

John Adler: Known for his work on Optimistic Rollups and a pioneer of the modular blockchain concept.
Nick Dodson: A seasoned blockchain engineer and entrepreneur leading project governance.

FUEL Tokenomics

FUEL serves as the core utility token for transaction fees, network security, and staking incentives.

Total Supply: 10.12 billion
Public Sale Allocation: 470 million (4.64%)
Initial FDV (Fully Diluted Valuation): $202.49 million
Inflation Rate: 3% annually

Token distribution:

Buyers: 33.1%
Community: 20%
R&D and Ecosystem: 15.4%
Others: 16%

By the end of 2024, more than 200,000 users had received an airdrop equal to 10% of the total supply.

Funding Rounds and Financials

Fuel Network has raised a total of $90.9 million to date, with $9.4 million from public sales and $81.5 million from private and strategic rounds.

The strategic round was closed on September 6, 2022, raising $80 million at a $1 billion valuation. Leading investors included:

Blockchain Capital
Stratos Technologies
The Spartan Group
CoinFund
Maven 11 Capital
Bain Capital Crypto

In 2021, CoinFund, Fenbushi Capital, and Origin Capital participated in a seed round totaling $1.5 million.

Public fundraising events were held as follows:

IEO – Bitget (December 2024): Raised $5.5 million
ICO – Legion (December 2024): Raised $2.5 million
IDO – Impossible Finance (December 2024): Raised $1.4 million
Launchpool – Gate Launchpad (February 2025): Distributed 6.95 million FUEL tokens for free

Future Vision and Decentralization Plan

Fuel Network aims to transition into a fully decentralized sequencer system through phased upgrades:

Phase 0: 12 proposers, 1 builder
Phase 1: 100+ proposers, multiple builders
Phase 2: Up to 10,000 proposers for full scalability

This architecture is ideal for real-time DEXs, on-chain prediction markets, and high-performance blockchain games.

With its modular architecture, high-performance execution, and developer-friendly ecosystem, Fuel Network is one of the most promising solutions for scaling Ethereum. Backed by strong financials, active developer support, and innovative technologies, Fuel Network is poised to become a cornerstone in the Web3 landscape. FUEL is the foundational asset that powers and secures this next-generation network.

Official Links

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Modular Blockchain Project: What is Avail?

Ahmet Bedirhan Arvas — Mon, 08 Jan 2024 15:33:40 +0000

Avail is a modular blockchain project that aims to serve as a bridge for the future of decentralized finance (DeFi).

What is Avail?

Avail is a modular blockchain project announced in 2020 and introduced to the public in 2021. It aims to provide a comprehensive solution to challenges encountered by surpassing the limits of traditional blockchain platforms and democratizing access to financial services. Recognizing the slow and costly nature of building modern applications directly on monolithic chains, Avail strives to be an alternative solution to this issue.

Furthermore, the project adopts a community-based approach, where user feedback and participation play a significant role in the project’s development. Avail offers developers a secure, fast, and cost-effective data layer, providing everything needed to launch a sustainable blockchain.

Avail Team

Avail was founded by Anurag Arjun and Prabal Banerjee, who are also the founders of Polygon Labs. The presence of several team members known for their association with Polygon enhances confidence in the project.

With an approximately 39-member team, Avail aims to become a reliable and easily accessible platform in the future, leveraging the experience of its team members in the blockchain space.

Key Features of Avail

Security and Privacy: Avail places utmost importance on the security and privacy of user data. Utilizing a special encryption strategy, Avail ensures that only authorized individuals can access this information, supporting the idea that privacy will be maintained.

Compliance: Avail facilitates communication between different blockchain networks by providing tools for cross-chain transactions and data sharing, thereby enhancing interaction between networks.

Modular Design: Avail adopts a modular design consisting of interchangeable and upgradable components. This increases the flexibility of the blockchain, giving developers the freedom to choose the most suitable tools for their needs and customize the blockchain according to its requirements.

Data Access Layer: The data access layer allows for the recording and secure storage of data on the blockchain. Designed to seamlessly manage transactions and facilitate the handling of multiple processes, its primary goal is to securely store data and ensure easy accessibility.

Road Map

After Anurag Arjun became a founding partner of Polygon Labs, then known as Matic Network, in 2017, the Avail initiative began under the umbrella of Polygon in 2020. It was announced by Polygon in 2021, and Avail Testnet 1 was released in the same year.

In 2023, several innovations took place for Avail. The most significant one was its transition to an independent entity, separating from Polygon in the early months of the year, and the initiation of testnet activities named Kate and Clash of Nodes during the same year. The team experienced growth by increasing its workforce from 16 to 39 and announced new partnerships.

In 2024, it was announced that Clash of Nodes would continue, and exciting new partner events would commence. The team, expressing its commitment to ongoing development, revealed that they would unveil further news in the early months of 2024.

Partners

Until the end of 2023, Avail announced partnerships with platforms such as Movement Labs, Sovereign Labs, Madara Starknet, Succinct, RollkitDev, Paima Studios, RiscZero, Vistaralabs, and Alt Layer.

Testnet Continues

To join the Avail project, you first need to join the Avail Discord server through this link and then complete the verification process in the “verify” tab to obtain the “Passport Verified” role. To acquire this role, your Gitcoin Passport should have a score of 20 points or higher. If you don’t have this score, you can easily complete tasks at this link to reach 20 points.

Once you have reached the required points, go to this site, connect your Discord and Gitcoin accounts, and get your role by clicking the “rol al” (get role) button. Now, go to this link to create a wallet and receive faucet. After successfully opening your wallet, return to Discord, go to the “goldberg-faucet” channel, and send a message in the format “/deposit wallet address”. Go back to the Goldberg Avail Tools site, and you should see your test tokens. Now, you can test the network by sending the test tokens to other wallet addresses.

Where to Buy Avail?

Avail is not currently traded on any exchange.

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