Introduction
On April 9th, Ola released the second version of its technical white paper on programmability privacy and expansion plan, dedicated to building a Layer2 ZK-ZKVM platform that integ
On April 9th, Ola released the second version of its technical white paper on programmability privacy and expansion plan, dedicated to building a Layer2 ZK-ZKVM platform that integrates privacy, high performance, and programmability, allowing users to truly control the ownership and use rights of personal data. The second white paper emphasizes how to design and build the most important basic modules in Ola, high-performance ZKVM, OlaVM; ZK friendly smart contract language, Ola lang; And the design architecture for privacy.
Layer2 ZK-ZKVM Project Ola Releases Second Edition Technical White Paper
On April 9th, Ola released its second technical white paper, titled “Programmability Privacy and Expansion Plan”. The paper outlines the company’s commitment to creating a Layer2 ZK-ZKVM platform that integrates privacy, high performance, and programmability. This platform will allow users to have full control over the ownership and usage rights of their personal data.
# Outline
1. What is Ola’s technical white paper?
2. Ola’s commitment to privacy and ownership of personal data
3. Key features of Ola’s Layer2 ZK-ZKVM platform
4. The importance of the ZKVM and OlaVM modules in Ola
5. Ola lang: the ZK friendly smart contract language
6. Design architecture for privacy
7. Ola’s expansion plans
8. Benefits of implementing Ola’s platform
9. Conclusion
10. FAQs
# Ola’s Technical White Paper
Ola, a decentralized platform for digital identity, data exchange, and data collaboration, recently released its second technical white paper on Programmability Privacy and Expansion Plan. The white paper outlines the company’s commitment to integrating privacy, high performance, and programmability into its platform.
# Ola’s Commitment to Privacy and Ownership of Personal Data
Ola is committed to creating a platform that allows users to have complete control over the ownership and usage rights of their personal data. The second white paper emphasizes the importance of privacy and the need for data to be owned and controlled by the individual rather than by centralized institutions.
# Key Features of Ola’s Layer2 ZK-ZKVM Platform
Ola’s Layer2 ZK-ZKVM platform is designed to offer privacy, high performance, and programmability to users. The platform is built on a Zero-Knowledge Proof (ZKP) system, which allows users to prove the validity of their transactions without revealing the underlying data. This means that users can protect their privacy while still being able to use the platform.
# The Importance of the ZKVM and OlaVM Modules in Ola
The ZKVM and OlaVM modules are critical components of Ola’s platform. The ZKVM serves as the engine that powers the Ola platform by providing a high-performance, secure, and scalable execution environment for smart contracts. The OlaVM, on the other hand, is an open-source virtual machine that is optimized for ZKVM execution.
# Ola Lang: The ZK Friendly Smart Contract Language
Ola Lang is a ZK-friendly, object-oriented smart contract language that is designed to be easy to use and learn. It is similar to existing programming languages like Python and Java, making it accessible to a broad range of developers. Ola Lang is designed to support high-level programming constructs such as functions, classes, and libraries, making it easy to build complex applications on the platform.
# Design Architecture for Privacy
Ola’s design architecture is optimized for privacy. The platform uses a combination of cryptographic primitives and consensus protocols to ensure that all data is securely stored and transmitted. Ola’s privacy architecture is designed to be scalable and adaptable to different use cases, making it well-suited for a range of applications.
# Ola’s Expansion Plans
Ola aims to expand the functionality and reach of its platform by partnering with other organizations and developers. The company plans to work with leading organizations to develop new use cases for its platform and to improve its performance and functionality.
# Benefits of Implementing Ola’s Platform
Implementing Ola’s platform offers several benefits, including increased privacy, improved performance, and enhanced programmability. The platform allows users to have full control over the ownership and usage rights of their personal data, which is critical for maintaining privacy and security in the digital age.
# Conclusion
Ola’s second technical white paper highlights the company’s commitment to creating a platform that integrates privacy, high performance, and programmability. The platform offers users complete control over the ownership and usage rights of their personal data, while also providing a high-performance execution environment for smart contracts. Ola is poised to become a leading player in the decentralized technology space, offering a solution that is scalable, adaptable, and designed for privacy.
# FAQs
1. What is Ola’s Layer2 ZK-ZKVM platform?
Ola’s Layer2 ZK-ZKVM platform is a decentralized platform for digital identity, data exchange, and data collaboration. The platform is built on a Zero-Knowledge Proof (ZKP) system, which allows users to prove the validity of their transactions without revealing the underlying data.
2. What are the benefits of using Ola’s platform?
The benefits of using Ola’s platform include increased privacy, improved performance, and enhanced programmability. The platform allows users to have full control over the ownership and usage rights of their personal data, which is critical for maintaining privacy and security in the digital age.
3. What is Ola Lang?
Ola Lang is a ZK-friendly, object-oriented smart contract language that is designed to be easy to use and learn. It is similar to existing programming languages like Python and Java, making it accessible to a broad range of developers.
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/14138/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
FTX Transfers $7.7 Billion in Bahamas Assets to US Entities Before Bankruptcy Filing
It is reported that a Delaware bankruptcy court learned on Wednesday that before FTX filed for bankruptcy last year, it transferred $7.7 billion of the Bahamas…
-
When was Xiaoyi Neo launched (Xiaoyi Generation 1)
When did Xiaomi Neo go public? When did Xiaomi Neo go public? Today, let’s talk about what Xiaoma NEO is really doing, how it is laying out in the blockchain field, and how to explore new projects through various forms First, let’s talk about our company: AntChain is a company with digital currency as its core business launched by Ant Group in October 2015. According to information disclosed by Ant Financial, the product currently has over 10 million active users; In addition, Ant Chain has continuously launched a series of applications – such as “Super Wallet”, which can help users quickly and easily complete transactions. And this app is also the second largest public chain that supports currencies after its launch in August last year. In addition, this app can also serve as a built-in game where players can freely upgrade their virtual machines or development tools 1st generation of small antsAccording to the official website of Ant Group, 1st…
-
Ethereum Beacon Chain Crosses 550,000 Validators Mark
On March 16th, according to the latest data on the official website of Ethereum, the total number of validators of the Ethereum beacon chain has exceeded 550000, compared to 550342 at the time of writing. The number of authenticators in the Ethereum beacon chain has exceeded 550000 Analysis based on this information:The latest data on the official website of Ethereum reveals that the total number of validators on its beacon chain has now surpassed 550,000. The report states that as of March 16th, the total number of validators on the Ethereum beacon chain was recorded to be 550,342. This is indeed a milestone achievement for Ethereum, reiterating its ever-increasing popularity and significance within the digital currency arena. Validators play a critical role in the proof-of-stake (PoS) consensus mechanism, where the validators participate in block creation and network verification in place of miners. The recent surge in the number of validators on the Ethereum beacon chain is a testament to the…
-
KuCoin survey shows increasing number of women investing in cryptocurrency
It is reported that KuCoin surveyed 577 crypto investors (including 360 men and 217 women) through KuCoin\’s community and social media from February 24 to Marc…
-
What system is required for mining (mining requires SLI)
What system is required for mining? What system is required for mining?Currentl
-
Online Fraud Soars to Record High in 2022 with Crypto Investment Fraud Making Up Almost a Quarter of the Total Losses
On March 19th, the Federal Bureau of Investigation revealed that in 2022, American citizens lost more than $10 billion due to online fraud, including $2.57 billion due to crypto investment fraud. In contrast, the losses caused by this fraud in 2021 were “only” $907 million. Data: US victims lost $2.5 billion in encryption scams in 2022 Analysis based on this information:The Federal Bureau of Investigation recently revealed the shocking news that online fraud has reached an all-time high in 2022, with American citizens losing over $10 billion. This figure represents a significant increase from the previous year; in 2021, total losses from online fraud amounted to $907 million, which means that the losses have skyrocketed over a thousand percent in just a year. The FBI disclosed that the losses were caused by cybercriminals who are becoming more sophisticated in their methods, making it even more challenging for law enforcement agencies to track them down. One of the most concerning aspects…
-
What software can watch Bitcoin market (which app can watch Bitcoin market)
What software can watch Bitcoin market According to Coindesk news, what software can watch Bitcoin market? What software can monitor the Bitcoin market? 1、 How to download the Apple system: The Apple Store on Android phones has a Google search function that allows you to search for stock prices on all mainstream websites around the world. Google Search search engine supports all currencies and data on Ethereum network; Google provides an analysis platform based on blockchain technology, which can be used to view price information and other indicators of the Bitcoin market, as well as provide relevant real-time data. The second is to use professional tools to help investors understand the latest developments in the Bitcoin market. The third is to use third-party browsers for mining (such as cloud drives). Fourthly, users installed on the Apple system need to first register their company’s server and then open a webpage to browse According to Bitcoin, Bitcoin has risen by nearly 30%…
-
A Programmer’s Response to a Twitter Challenge: Letcoin Ordinals
On February 21, software engineer Anthony Guerrera launched the Letcoin Ordinals project on GitHub by forking the GitHub repository of Bitcoin Ordinals. Guerre…
-
ApeCoin Community Initiates Proposal AIP-222 to Launch Web3 Streaming Platform
According to reports, the ApeCoin community has launched proposal AIP-222 today, aiming to launch a streaming platform similar to YouTube or Twitter that supports token gating. It
-
Table of Contents
According to reports, Daniel Alegra, the former chief operating officer of Activision Blizzard, a video game company, announced that he would officially take over as the CEO of Yug
-
NanoLabs files a trademark infringement lawsuit against Coinbase
It is reported that NanoLabs, the company behind the digital currency Nano (NANO), accused Coinbase of trademark infringement in a legal lawsuit.
NanoL…
-
The proportion of supply volume with BTC’s last active period of more than 3 years has reached a historic high
According to reports, Glassnode data shows that the percentage of BTC supply with a last active period of more than 3 years has just reached 39.755%, setting a new historical high.
-
US Treasury Secretary Yellen Remains Vigilant Against Downside Risks Amid Russia-Ukraine Conflict
According to reports, US Treasury Secretary Yellen said that in view of the Russia-Ukraine conflict and the recent pressure on the banking system, the US government remains vigilan
-
FTX Interim Financial Report: Over $67 Million Spent on Legal Fees
According to reports, according to court documents, FTX released its fourth report in a series of interim financial updates on Friday, showing that FTX had spent a total of $86 mil
-
Hedera Hashgraph suffers security breach with loss of $570K in assets
According to reports, according to CertiK monitoring, it has been confirmed that at least $570000 worth of assets were stolen during the Hedera attack.
<h2… -
Tether’s Market Value Rises Amidst BUSD’s Regulatory Issues
It is reported that the market value of the stable currency issuer Tether (USDT) has increased by US $1.9 billion to US $70.3 billion since the news that the N…