zCloak Network

zCloak Network

Implementing Zero-Knowledge Proof as a Service for private, scalable Web3 computation with a demo on Arbitrum and plans for a verification chain.
Application
Applied on: 18 Sep 2023 08:45 AM
Rejected
User Review
AI Review
A1
Reviewed on 15 Feb 2024 06:24 AM
Projects in this domain should introduce novel blockchain protocols, consensus mechanisms, or architectural enhancements. Clear documentation outlining the proposed protocol's technical details and potential benefits is required.
The zCloak Network project appears to introduce a new computation paradigm through the Cloaking Space, which utilizes Zero-Knowledge Proofs for privacy and scalability purposes on Web3. According to the provided information, there is clear documentation of their zk-SBT demo on Arbitrum, which likely outlines technical details and benefits of the protocol.
Demonstrating the feasibility and potential impact of the new protocol through simulations or prototypes is preferred. The project should address potential challenges, risks, and mitigation strategies.
The project has launched a zk-SBT demo on Arbitrum One, thereby demonstrating the feasibility of their protocol with a tangible prototype. This indicates that the project has made progress in showcasing practical applications and impact, although further details on challenges, risks, and mitigation strategies would be needed for comprehensive assessment.
Projects should introduce a technically innovative solution that addresses existing limitations or challenges in the blockchain space. Protocols that ensure a high degree of decentralization and propose mechanisms for effective on-chain governance are highly encouraged
While the zCloak Network provides a solution leveraging zero-knowledge proofs for improved privacy and scalability -- which is innovative -- there is insufficient information provided about the degree of decentralization and on-chain governance mechanisms to determine compliance with this specific criteria.
Join our telegram group for chat about the round with the fellow grant creators: https://t.me/ArbitrumonGitcoinGrantsFEST
The evaluation does not include information confirming whether the zCloak Network project has joined the specified Telegram group, as per the requirement. This metric would require additional confirmation from the project's communication channels or administrators of the Telegram group.