The Telos Foundation, known for its significant contributions to blockchain technology, has announced a strategic partnership with Ponos Technology, a leading firm specializing in Zero Knowledge Proof (ZKP) research and development. This partnership was revealed at TOKEN2049 in Dubai.

The collaboration aims to pioneer the creation of an optimized, hardware-accelerated Ethereum Layer 2 (L2) network using Telos’s SNARKtor technology, which is a decentralized recursive proof aggregator.

The initiative will utilize a hardware-software co-design approach to achieve the required performance scale for Ethereum's large user base. Ponos Technology's expertise in ZK proving solutions and FPGA acceleration will enhance computation by integrating co-designed hardware and software modules.

This strategy is expected to greatly improve scalability, data protection, and interoperability across Ethereum platforms. Slobodan Lukovic, Ponos Technology's CEO, highlighted the transformative potential of ZKP technology, comparing it to the evolution of AI and the expected efficiency and security improvements it will bring to various industries.

In addition to collaborating with Ponos Technology, Telos is expanding its development network by partnering with top-tier organizations in the blockchain industry like Digital M.O.B., ATKA, and Cometh. Telos Executive Director, John Lilic, will oversee the project, emphasizing the importance of a hardware-software co-design for optimal performance.

Telos, established in 2018 without an ICO or token sale, is gearing up for upcoming launches of Telos EVM and Telos Zero networks. They are also preparing for EthCC in July, where they will showcase the first live demo of SNARKtor. This demonstration will set the stage for the official launch of the Telos L2 network.