What's the hype about ZK-Proofs in Q4? ZK-Proofs are gaining popularity, and you may have seen explanations with buzzwords like "Scalability", "Privacy" & "Rollups", but what do they mean? Here’s a breakdown in plain English. 🧵👇
1/6 ZK-Proofs = Zero-Knowledge Proofs → Underlying tech that solves the problem of blockchains being too transparent. → ZK-proofs allow txn verification without revealing private data. There's also ZK-rollups. ⤵️
2/6 ZK-rollups = Zero-Knowledge Rollups → Bundles 1000s of txns using ZK-proofs technology → Powers blockchains to handle thousands of TPS. Ultimately; → ZK-rollups = Scalability method → ZK-proofs = Onchain Privacy tech Here are the Top 4 ZK-Proof projects to watch ⤵️
3/6 @zkSync Era - $ZK → First EVM-compatible ZK-rollup, → Allows migration of existing dApps → ~250,000 txns daily → $450M+ TVL → 100+ dApps live Partners: @googlecloud, @Alchemy, @Fireblocks, & @Securitize.
5/6 @0xPolygonEco - $POL ZK Ecosystem → Its ZK-EVM helps devs launch scalable apps, → High-speed verification across chains. → 72 new projects in Q1 2025 → $1B+ TVL → ~1.3 million daily txns Partners: @Starbucks, @adidas, @Disney, & @reliancejio.
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