ZKFair is not just any ZK-Rollup layer-2 solution. It's the first of its kind, built on Polygon CDK and Celestia DA. What sets ZKFair apart is its unwavering focus on fairness, transparency, and community involvement. Unlike other ZK-Rollup projects, ZKFair aims to address the issues of unfairness by creating a decentralized ecosystem where users have a direct say in governance and operations.
ZKFair is a layer-2 ZK-Rollup solution that utilizes zero-knowledge proofs to process transactions off-chain. This results in increased efficiency and security in blockchain operations.
Think of ZK-Rollup as express lanes for transactions on the blockchain. Instead of multiple people writing down updates in a shared notebook, one person summarizes all the updates in a single note, proving the accuracy without revealing the details. This efficient friend is the "Rollup" part, and the "ZK" or Zero-Knowledge proof ensures trust without sharing every detail. That’s how ZK-Rollup speeds up transactions on the blockchain, making things quicker, cheaper, and just as secure.
ZKFair uses Celestia's modular Data Availability (DA) to scale data, reducing gas costs for users interacting with dApps within the ZKFair ecosystem. The integration of NCRC (Native Cross Rollup Communication) 2.0 protocol, developed by Lumoz, enables users to directly call dApps on Ethereum, fostering interoperability between different second-layer networks.
ZKFair's future roadmap includes the integration of a decentralized prover network, powered by Lumoz, allowing anyone in the community to run ZKFair, marking a shift towards complete decentralization. This move aims to address challenges associated with centralized provers, ensuring a more robust and secure ZK-Rollup ecosystem.
ZKFair stands out by utilizing stablecoin USDC as its native gas token, providing a secure and stable environment for users participating in DeFi transactions. USDC's stability, coupled with its wide adoption, contributes to improved liquidity and enhanced interoperability within the Ethereum ecosystem.
ZKF has a maximum supply of 10,000,000,000.
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