Ad
Rank #504
ZK Polyhedra Network
ZK Price
$1.21665
+2.97% Market Cap
$73.47M
24H Volume
$20.2M
Circ Supply
60.38M
ZK Explorer & Contracts
Polyhedra Network Info
Polyhedra Network (ZK) is a blockchain infrastructure provider that leverages Zero-knowledge Proof (ZKP) technology to enhance Web3 interoperability and scalability. The platform facilitates seamless communication between various Layer 1 (L1) and Layer 2 (L2) networks through a LayerZero interoperability protocol, promoting privacy and efficiency in blockchain transactions. With a focus on decentralized governance and distributed proof generation networks, Polyhedra Network aims to revolutionize the blockchain industry by offering a robust infrastructure for Web3 applications.
Polyhedra Network Features
- Zero-Knowledge Proof Technology: Polyhedra Network harnesses ZKP technology to ensure secure and private transactions across different blockchain networks, enhancing trust and data integrity.
- LayerZero Interoperability Protocol: The platform’s LayerZero protocol enables interoperability between diverse blockchain networks, including BNB Chain, Ethereum, Arbitrum, and Polygon, fostering seamless communication and asset transfers.
- Decentralized Governance: Polyhedra Network empowers users through decentralized governance mechanisms, allowing token holders to participate in decision-making processes and shape the platform’s future development.
- Scalability Solutions: The platform offers scalability solutions such as zkBridge for cross-chain asset transfers, zkDID for decentralized identity management, and ParaPlonk for distributed proof generation networks, enhancing the scalability and efficiency of Web3 applications.
- ZK Token Utility: The native ZK token of Polyhedra Network is designed to power decentralized governance activities and distributed proof generation networks within the platform, providing users with incentives for network participation and engagement.
Polyhedra Network News
All images, branding and wording is copyright of Polyhedra Network. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page. Data is provided by CoinMarketCap and TradingView.