Team and Founders

The Orochi Network team is led by experienced professionals in Web3, cryptography, and data infrastructure.

• Founder & CEO: Chiro Hiro

• CTO / Technical Leads: Mary Tran (Kieu Diem Tran), Harry Tran

• Advisors & Strategic Partners: Ethereum Foundation, Web3 Foundation, Mina Protocol, Aleo

Orochi Network is recognized as a trusted infrastructure by over 40 blockchain projects.

Investment Announcement

Orochi Network announced an additional $8 million investment, part of a funding round totaling $20 million. This funding supports the development of Orochi’s Verifiable Data Infrastructure.

The project targets auditable and regulation-compliant systems, particularly relevant in the RWA (Real-World Assets) and stablecoin era. These systems guarantee data is provably correct, secure, and audit-ready.

Supporting Investors

• Ethereum Foundation (@ethereumfndn)

• MVentures Labs (@MVenturesLabs)

• Plutus VC (@PlutusVc)

• Bolts Capital (@Bolts_Capital)

• AntLab RWA (@AntLab_rwa)

• Anti Capital (@Anti__Capital)

• DeCom

• Presto Labs (@Presto_Labs)

Investor backing highlights the high demand for verifiable and secure data infrastructure. Orochi Network’s $ON token will be listed on Binance Alpha starting October 24.

Project Concept

Orochi Network aims to provide a decentralized Web3 infrastructure that ensures data integrity and privacy.

• Verifiable Data Pipeline: Offers transparency and cryptographic verification at each data processing step.

• ZK-Data-Rollups: Compresses and validates data without exposing sensitive information.

This allows developers and enterprises to build reliable applications without compromising data privacy.

How It Works

Core components of Orochi Network:

• Verifiable Data Pipeline: Provides cryptographic proof for each data step.

• ZK-Data-Rollups: Uses ZKP to compress and verify data.

• Merkle Directed Acyclic Graph (Merkle DAG): Offers higher scalability and performance than traditional blockchains.

• Succinct Hybrid aBFT Consensus: Enables asynchronous finality and transaction efficiency.

• Proof-System Agnostic: Compatible with Plonky3, Halo2, Nova, Pickles.

• Blockchain Agnostic: Supports integration with multiple blockchain platforms.

Orochi Network supports applications in zkVM, zkML/AI, zkApp/dApp, DeFi/Fintech, IoT/DePIN, and ID/KYC.

Products and Services

• zkDatabase: ZKP-enabled database for confidential and verifiable storage.

• zkMemory: Ensures integrity and privacy during in-memory processing.

• Orocle: Trustless, cryptographically verifiable oracle.

• Orand: Secure randomness source for dApps.

• OroSign: ZKP-based private and verifiable signing/authentication service.

• zkDA Layer: Guarantees data accessibility and correctness via ZK-Data-Rollups.

Governance

Orochi Network envisions a decentralized governance model through its $ON token, enabling holders to participate in key network decisions. Detailed governance and voting mechanisms will be clarified after the token launch.

Roadmap

• Initial: Development of Orochi Network and ZKP-based verification infrastructure.

• 2024 – Pilot & Testing: ZK-Data-Rollups and Verifiable Data Pipeline tests.

• 2025 and beyond: Deployment of blockchain-agnostic solutions, scalability, Web3 integration, and developer ecosystem expansion.

$ON Token Overview

The native $ON token underpins the Verifiable Data Infrastructure ecosystem. It enables verifiability, incentivizes participation, and secures the network.

Key $ON Use Cases:

1. Validator Incentives: Validators stake $ON in PoS consensus to secure the network.

2. Distributed Storage: Users pay $ON to rent space in Orochi’s distributed storage.

3. ZK Sequencer Rewards: ZK sequencers process transactions and maintain privacy for $ON rewards.

4. Transaction Fees: $ON is used for network fees, sustaining the ecosystem.

Token Details

• Symbol: ON

• Total Supply: 1,000,000,000 ON

Token Allocation:

• Network Incentives: 30%

• Ecosystem Reserve: 21.55%

• Foundation: 15%

• Marketing/Liquidity: 11.65%

• Team: 10%

• Investors: 8%

• Airdrop: 3.8%

$ON unlocks balance immediate usability with long-term network stability, aligning validators, provers, developers, partners, and the community for sustainable growth.

Ecosystem

Orochi Network focuses on Web3 applications requiring data security and privacy:

• Real World Data

• zkVM / zkML

• dApps / zkApps

• Fintech / DeFi

• IoT / DePIN

Orochi Network is expanding rapidly:

• 140+ projects are part of the ecosystem

• ONProver Campaign: Users run ONProver apps to contribute to the Verifiable Data Infrastructure and potentially mine $ON tokens.

• ONID Accounts: A user identity system encourages participation.

Key Features

• Verifiable Data Infrastructure

• ZKP-Based Security

• Blockchain Agnostic

• Scalable & Efficient

• AI/ML Compatible

• Web3 Empowering

Official Links

• Website
• Twitter
• Telegram
• Discord

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The post What is Orochi Network (ON)? appeared first on Coin Engineer.

Local Proof Generation Comes to Phones and Laptops

STARK Two is now available in public alpha, with full Starknet integration planned for later this year. According to StarkWare, the prover runs on CPUs, GPUs, and soon even browsers, allowing everyday users to prove sensitive information without revealing it.

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Eli Ben-Sasson, CEO of StarkWare, said, “The prover used to be our magic wand — now it’s a lightsaber in your pocket.”

39x Performance Boost for Real-World Use Cases

Benchmark tests revealed that S-two is 39 times faster than previous ZK provers. This performance unlocks privacy-preserving applications in identity, payments, messaging, and onchain salaries — all without exposing sensitive data.

StarkWare emphasized that verifiable execution proofs can also be generated offline — a game-changer for industries like gaming, where players can prove achievements post-session without constant online connectivity.

Industry Adoption Already Underway

Developers are already integrating S-two. Kakarot uses it in ETHProofs, Nexus is aligning RISC-V traces, and ZAN along with AntChain OpenLabs are accelerating the prover via GPU enhancements. StarkWare stated that hardware-agnostic architecture is central to its vision of mainstream ZK adoption.

COO Oren Katz added, “You can now prove a valid payment without revealing your balance, or verify your ID without exposing personal details. That’s a major leap toward real-world ZK utility.”

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The post StarkWare Unveils STARK Two: A Mobile-Ready Zero-Knowledge Prover appeared first on Coin Engineer.

By scanning irises through a proprietary device called the Orb, Worldcoin aims to verify human uniqueness and distribute its WLD token globally. However, experts warn that such a model, reliant on centralized hardware and control points, could become a digital panopticon rather than a tool for freedom.

Decentralization Is a Philosophy, Not Just Code

As Shady El Damaty of Holonym Foundation explains:

“True decentralization prioritizes user agency, not corporate control. Relying on custom devices and closed infrastructures contradicts that ethos.”

Even with privacy-focused tools like zero-knowledge proofs (ZKPs) and multiparty computation (MPC), El Damaty argues the system’s architecture is fundamentally flawed in its promise of decentralization.

Worldcoin, however, defends its model, stating that the World App is non-custodial and no personal data is stored. The company claims all iris data is encrypted and deleted immediately after processing.

A Pattern of Data Overreach?

Critics see a disturbing pattern. El Damaty compares Worldcoin’s biometric data collection to OpenAI’s large-scale scraping of unconsented user data, calling it a “recurring theme” of invasive tech practices marketed as progress.

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World distances itself from OpenAI, insisting it neither sells nor retains personal data. But concerns remain—especially as governments in Germany, Kenya, Brazil, and most recently Indonesia push back against the project’s local operations.

Targeting the Vulnerable?

According to critics, Worldcoin is focusing its biometric campaigns on developing countries, where individuals may be more easily swayed by monetary incentives without fully understanding the risks.

El Damaty warns:

“In many regions, people are being coerced into giving up sensitive data for short-term rewards.”

Biometric Divide or Digital Future?

If access to basic services becomes tied to biometric verification, it could create a two-tiered digital society, say critics—those who comply and those who are locked out.

Worldcoin says biometric enrollment is optional, and unverified World IDs can still access limited services. However, as digital services increasingly require stronger identity checks, the pressure to “opt in” may intensify.

As AI and bots proliferate online, systems that prove human identity will be essential. But how that identity is verified—with privacy, or through surveillance—may define the digital future.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Is Worldcoin’s Biometric ID System a Threat to Digital Self-Sovereignty? appeared first on Coin Engineer.