Although blockchain technology has attracted much attention, the longstanding performance issues have always been a stumbling block for the industry's development. Recently, Boundless Network launched a significant technological innovation aimed at fundamentally addressing the persistent problems of "slow speed and high costs" in blockchain networks.

In the current blockchain ecosystem, whether it's Ethereum or other public chains, there are serious network congestion issues during peak transaction times. Transaction validation not only takes a long time but also requires high fees. To address this industry pain point, Boundless has developed a "Universal ZK Infrastructure," which can be likened to equipping all blockchain networks with a "performance accelerator" that not only enhances transaction processing speed but also greatly simplifies developers' workflows.

The main bottleneck of traditional blockchain networks lies in the transaction validation mechanism. Taking Ethereum as an example, during peak periods of non-fungible token (NFT) issuance or decentralized finance (DeFi) activities, the cost of a single transaction can soar to dozens of dollars, and users often have to wait a long time, with transactions potentially failing due to network congestion. Even some emerging public chains, although performing well initially, will also encounter performance bottlenecks as the number of users increases and the complexity of transactions rises.

The fundamental reason for this situation is that blockchain networks require "every transaction to be verified on-chain." This mechanism is like everyone squeezed into a small room to account for the books; the more participants there are, the lower the efficiency. Moreover, different blockchains and applications need to establish their own verification systems, which not only increases costs but also leads to serious resource waste and interoperability issues.

Boundless's "Universal ZK Infrastructure" is designed specifically to address these industry pain points. By providing a unified and efficient verification layer, Boundless aims to significantly enhance the performance of blockchain networks, reduce transaction costs, and offer developers more convenient tools. This innovation not only has the potential to change the user's blockchain experience but may also inject new momentum into the development of the entire industry.

With this significant technological breakthrough from Boundless, the blockchain industry may usher in new development opportunities. The application of universal ZK infrastructure is expected to address long-standing performance issues that have plagued the industry, paving the way for a broader range of blockchain application scenarios. In the future, we may see more efficient and low-cost blockchain applications emerge, driving the entire industry forward.