AMD Partners with Wormhole to Boost Blockchain Interoperability in Web3 Sector
Summary:
Semiconductor manufacturer AMD is partnering with the Wormhole platform to bring enterprise-grade hardware accelerators to the Web3 sector, enhancing blockchain interoperability. The collaboration aims to speed up and scale multichain applications, with engineers from both parties planning to launch mainnet deployments of various zero-knowledge light clients on multiple blockchains. Wormhole believes this will diminish its dependency on centralized node operators, while AMD hopes to propel decentralized computing in this industry.
Semiconductor manufacturer AMD is connecting enterprise-quality hardware accelerators with the Web3 sector to facilitate blockchain interoperability. The cross-platform Wormhole, famous for its large-scale, multichain applications and bridges, disclosed a partnership with AMD on February 21. This collaboration intends to introduce AMD's FPGA hardware accelerators into the Wormhole universe. AMD will also leverage its specialization in hardware acceleration and technical aid to enrich the ecosystem, enhancing the pace and scalability of multichain applications developed with Wormhole.
In the forthcoming months, AMD and Wormhole engineers plan to unveil various zero-knowledge light clients' mainnet deployments. This development will promote trustless intersystem messaging across several blockchains, including Ethereum, Near, Solana, Aptos, Sui, and Cosmos.
The progress in zero-knowledge cryptography, combined with superior computing capabilities, promises more secure blockchain transfers, diminishing the dependency on third-party organizations for establishing trust and security.
Wormhole believes the integration of zero-knowledge proofs (ZKPs) will lessen their reliance on centralized node operators, moving towards a trustless solution instead.
Hamid Salehi, the director of product management for the Adaptive and Embedded Computing Group at AMD, expressed their enthusiasm to propel "decentralized computing in the blockchain sphere." Rehul Maganti, a contributor to the Wormhole ecosystem, stated that collaborating with AMD will take the ecosystem "a notch higher" towards rapid, trustless, multichain messaging. He anticipated that the forthcoming roll-out of several ZK-enabled corridors should elevate user experience in terms of speed and security.
AMD is renowned for its semiconductor chips production, powering high-grade artificial intelligence (AI) applications. The company stands toe-to-toe with market frontrunners like Microsoft and Intel. Many experts in the Web3 sector suggest that AI and blockchain could emerge as a powerful pair in the coming year, given their mutually beneficial use cases.
Published At
2/21/2024 5:00:00 PM
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