Boundless Shifts Focus from ZKP to AI Computation

Boundless is shifting its focus from zero-knowledge proof (ZKP) computation in the Bitcoin network to enhancing its distributed GPU network for artificial intelligence (AI) model inference tasks, as announced by CEO Shiva Shankar.

The company operates a network of approximately 4,000 GPUs specifically optimized for AI computations. Initially, Boundless acted as a coordinator and verifier, linking the Ethereum mainnet, the Layer 2 network Base, and Bitcoin.

Recent comparative tests indicate that Boundless can offer inference costs nearly 50% lower than those of leading cloud providers, particularly for asynchronous tasks. This cost efficiency stems from utilizing more affordable resources, including consumer-grade GPUs and hardware initially bought for cryptocurrency mining.

While Boundless will maintain its involvement with ZKP technology, further details about this aspect were not disclosed.

Additionally, the company plans to integrate its native token, ZKC, into this new AI initiative, requiring operators to stake ZKC to access the network, with the stake amount linked to anticipated earnings.

The strategic shift underscores a broader trend in the cryptocurrency sector towards AI computational capabilities. Notably, in July, TeraWulf secured $3.5 billion for a data center to support Anthropic's operations.