Wormhole Expands Ecosystem Adding AMD As Hardware Accelerator Provider AMD to provide hardware accelerators and technology expertise to scale blockchain interoperability platform for Zero-Knowledge cryptography
CAYMAN ISLANDS
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February 21, 2024 09:00 AM Eastern Standard Time
Wormhole, the leading interoperability platform that powers multichain applications and bridges at scale, today announced a collaboration with AMD that will make enterprise grade AMD FPGA hardware accelerators available to the Wormhole ecosystem, including the AMD Alveo™ U55C and U250 adaptable accelerator cards. AMD will also lend its deep hardware acceleration expertise to help deliver speed and scalability to multichain applications being built with Wormhole.
Wormhole is the leading interoperability platform that powers multichain applications and bridges at scale. With over 30 blockchain integrations, best-in-class security (according to Uniswap’s Bridge Assessment), the most messages sent across any interoperability protocol, and the most total value transferred across blockchains, Wormhole is widely recognized as the global leader in blockchain interoperability.
Recent advancements in zero-knowledge cryptography and computing power can enable secure blockchain transfers without relying on external entities to establish trust and security. Wormhole has embraced these advances and recently announced its commitment to reducing its reliance on centralized node operators in favor of a trustless solution powered by zero-knowledge proofs (ZKPs).
“We are excited to support an industry leader like Wormhole to accelerate decentralized computing in the blockchain industry,” said Hamid Salehi, director of product management, Adaptive and Embedded Computing Group, AMD. “This collaboration will help drive innovation in an exciting, high-growth technology sector.”
Over the coming months, organizations contributing to the Wormhole platform will begin releasing mainnet deployments of various zero-knowledge light clients, enabling trustless message-passing between blockchains like Ethereum, Near, Solana, Aptos, Sui, and Cosmos. Additionally, the teams will be benchmarking the performance of these light clients on AMD devices.
“AMD’s support moves Wormhole one step closer to enabling low-latency, trustless, multichain messaging. Through their support, Wormhole is positioned to roll out several zk-enabled corridors that will provide a superior user experience, both in terms of speed and security,” said Rahul Maganti, Wormhole Contributor. “We look forward to working with AMD to further specialize their leading hardware accelerators for crypto and take Wormhole to the next level for the ecosystem’s users, developers, and institutions.”
About Wormhole
Wormhole is the leading interoperability platform that powers multichain applications and bridges at scale. Wormhole provides developers access to liquidity and users on over 30 of the leading blockchain networks, enabling use cases that span DeFi, NFTs, governance, and more.The wider Wormhole network is trusted and used by teams like Circle and Uniswap, andto date, the platform has facilitated the transfer of over 35 billion dollars through over 900 millions cross-chain messages. To learn more about Wormhole, visit the wormhole website, Twitter, Discord, or blog.AMD, the AMD logo, Alveo, and combinations thereof are trademarks of Advanced Micro Devices, Inc.
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