Derivio: Launching SVM Compatible High-Performance Blockchain Network Derivio Network

Sep 12, 2024 11:37:02

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ChainCatcher news, the zkSync ecosystem decentralized derivatives trading protocol Derivio announced that it will transition from the existing derivatives protocol to the brand new Derivio Network. This is a blockchain network tailored to enhance Ethereum's capabilities, fully compatible with the Solana Virtual Machine (SVM), and optimized for higher performance and efficiency.

It is reported that the main features of the Derivio Network include:

  1. Scalability and performance: The Derivio Network is a custom solution built from the ground up, providing security guarantees from Ethereum through optimistic ZKVM fraud proofs, enabling trustless bridging across existing chains and ecosystems.
  2. Enhanced FHE shielding: By deploying advanced cryptographic designs (ZK+MPC/FHE), it selectively shields only sensitive data while maintaining verifiability and transparency.
  3. Optimized for performance-sensitive applications: By integrating native transaction primitives and atomic operations, and leveraging SVM's parallel execution capabilities, the Derivio Network is compatible with the existing high-throughput blockchain application developer ecosystem.

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