In the past year, there have been a number of new ZK proof systems. One that interests us the most is Binius from Irreducible (formerly known as Ulvetanna).
We pay specific attention to this proof system because our portfolio company, RISC Zero, who has been developing the RISC-V zkVM, told us that Binius will be the next generation proof system and we should keep an eye on. Eddy Lazzarin, CTO of a16zcrypto, also has put Binius "as a top priority" for their proof system, Jolt.
We want to provide a high-level explanation of the Binius protocol. There are two papers on Binius:
Ligero-Binius (2023)
FRI-Binius (2024)
We will dedicate two articles for Binius. In this article, we will explain Ligero-Binius, which is simpler, as the first step for understanding Binius.