What is Polyhedra Network (ZK)?
Polyhedra Network (ZK) is a platform that harnesses the power of zero-knowledge proof (ZKP) technology to drive interoperability, scalability, and privacy in Web3. The network is on a mission to bridge the gap between different blockchain networks, protocols, and systems, enabling seamless communication and collaboration across Web3.
Polyhedra receives strong backing from the likes of Binance Labs, Polychain, OKX Ventures, Hashkey, UOB, Foresight Ventures, etc. It has also worked with the biggest names in the crypto market like Animoca Brands, BNB Chain, Arbitrum, Celo, to name a few.
How Polyhedra Network (ZK) Works
Polyhedra Network operates on the foundation of advanced ZKP technology. ZKP is a technology that allows one party to prove to another party that they know a piece of information, without revealing what that information actually is. ZKP serves as the backbone for Polyhedra’s suite of services as follows:
zkBridge
The most important product of Polyhedra Network is zkBridge, a groundbreaking solution for achieving trustless and efficient cross-chain interoperability. Traditional cross-chain solutions often rely on trust assumptions, leaving them vulnerable to security threats. However, zkBridge flips the script by using ZKP to verify consensus between different blockchains without external trust requirements.
zkBridge powers a wide range of applications, from token bridging to computational logic across multiple blockchains. Through zkBridge, Polyhedra facilitates seamless asset transfers, message passing, and data sharing between various blockchain networks.
Distributed Proof Generation Network
To turbocharge the performance of its ZKP systems, Polyhedra Network introduces the Distributed Proof Generation Network. This network incorporates cutting-edge technologies like deVirgo and paraPlonk to accelerate proof generation and reduce on-chain verification costs.
deVirgo is a novel distributed proof system that optimizes parallelism and minimizes communication overhead. Thanks to deVirgo, zkBridge can work up to 100 times faster than traditional methods. Additionally, paraPlonk enhances scalability by enabling large-scale distributed proof generation, paving the way for decentralized zkRollup and zkEVM solutions.
zkDID
In the quest to bridge the gap between Web3 and the broader internet, Polyhedra Network introduces zkDID - a scalable and interoperable decentralized identity solution. Built on the principles of soul-bound tokens (SBTs) and verifiable credentials, zkDID aims to onboard billions of internet users onto Web3 infrastructures and applications.
With zkDID, users have control over their personal information, thanks to stealth address mechanisms powered by ZKP. This infrastructure not only supports millions of verifiable credentials per second but also ensures compatibility with W3C standards and various data types.
ZK Goes Live on Bitget
By leveraging the power of zero-knowledge proof technology, Polyhedra is breaking down barriers and paving the way for a more interconnected, scalable, and privacy-centric decentralized ecosystem. As we move forward into the digital frontier, Polyhedra stands ready to lead the charge, driving innovation, and empowering users to embrace the full potential of Web3. With zkBridge, the Distributed Proof Generation Network, and zkDID at its disposal, Polyhedra Network is set to shape the future of the internet as we know it.
Get ready to embark on a journey into the next wave of Web3 innovation with Polyhedra Network by trading ZK, the native token of Polyhedra.
