The zkEVM $PROM protocol is a revolutionary innovation that seeks to address common questions and provide clarity on how it works. For this reason, fundamental aspects of the protocol must be detailed, from how transactions are collected and ordered to their validation by the Sequencer.
Additionally, discussing the different finality states in the protocol, such as virtual, consolidated and verified state, and highlights the importance of decentralization in the system.
The collaboration between PROM and Automata ($ATA ) enhances developer toolsets, facilitating seamless integration with Prom's technology platform. Prom's utilization of the ZK stack ensures robust security measures, safeguarding data privacy during transactions.
PROM underscores trust as a cornerstone of its Web3 solutions, particularly within its L2 offerings, which combine scalability with security. #Automata a pivotal player, employs on-chain attestations to validate the authenticity of devices engaging with the blockchain, mitigating risks of Sybil and bot attacks. Once a device earns trust, this validation extends across diverse blockchain platforms such as Ethereum, fortifying the integrity of the Web3 ecosystem.
The platform provides a means to verify transfers across disparate blockchain networks, effectively bridging them. $PROM anticipates the transformative potential of this feature, envisioning novel applications of ZK technology.
Subsquid Network is a decentralized query engine optimized for batch extraction of large volumes of data. It currently serves historical on-chain data ingested from 100+ EVM and Substrate networks, as well as Starknet. The data is comprehensive: for example, on EVM it includes event logs, transaction receipts, traces and per-transaction state diffs.
$PROM is Promising future! Bullish in the future! Buy now or cry later!
$PROM just announced their newest partnership with $NEAR
NEAR is a technical marvel, offering built-in features such as named accounts and account abstraction. For developers, NEAR offers everything needed for their applications, from smart contracts to indexers. All while being interoperable with other chains.
$PROM is Bullish! Up 11% in 24h. Buy now or cry later!
$PROM announced their new integration with Dyor Exchange. This integration could moderately affect $PROM price as the partnership expands its usability and could attract attention. However, market conditions and broader adoption will ultimately determine the impact.
$PROM x #Port3Network is Bullish partnership! Decentralized AI data analytics systems allow PROM ecosystem to enhance data integration and decision making capabilities!
$PROM x #ForwardProtocol is bullish! By combining the expertise and technology of Prom and Forward Protocol, they can enhance the security and efficiency in their blockchain networks.
$PROM is still on bullish!! could go 10x - 100x from this in the bullrun.
$PROM x $ANKR partnership in insane for developers! Because developers are no longer need to spend hours setting up and managing their own #PROM nodes. By leveraging Ankr's RPC service, developers contribute to the global strength and decentralization of the Prom network.
Also, here is PROM weekly zealy leaderboard standings!
$PROM is thrilled to announce the addition of our inaugural Security Partner, Bailsec, to our ecosystem.
Their partnership with Bailsec is rooted in a shared commitment to excellence and innovation in blockchain security.
Their alliance with Bailsec is strategically aimed at bolstering our ecosystem and empowering projects within our network with access to premier security services.
ZK approach is emerging as a potential standard bearer for Swift Transaction Finality, Enhanced Data Privacy and Efficient Handling of Complex Transactions.
$PROM acknowledges the existing hurdles in blockchain and aims to stay ahead by embracing the ZK stack. It's seen as pivotal in adapting to the evolving industry landscape.
$PROM just announced their newest partnership with Nexis Network! Nexis Network is the world's fastest EVM blockchain and open-source platform for decentralized projects and applications, processing up to 75,000 transactions per second with instant finality, extremely low fees and Solidity support.
$PROM just announce their integration recap! Here we got all of their ecosystem landscap so far! Looks interesting right. These partnership are really strong!
Heads up to their X account prom_io to discover more of this partnership details!
Lumia's latest move involves partnering up with $PROM .
In a strategic move, #Lumia is joining forces with Prom, a modular zkEVM Layer2, with the aim of introducing #CEX liquidity on-chain. Thanks to this collaboration, Lumia will open doors to competitive pricing and liquidity within the cryptocurrency market.
This partnership tackles the age-old hurdles of sourcing liquidity providers, paving the way for fresh standards in crafting #DeFi apps on Prom's platform.
At its core, #Lumia functions as a liquidity infrastructure protocol, seamlessly linking Layer1 and Layer2 while tapping into boundless liquidity from both CEX and DEX sources.
Morning! $PROM is still Bullish. Up 9% in a day. Promising 10x from here. The $PROM ecosystem landscape is expanding each day, prompting us to summarize the incredible projects that have already become part of Prom's journey.
Could $PROM be the future of Memecoins? Especially considering how easy it is to deploy and access, even for someone like me who isn't exactly tech-savvy?
Here are some strengths I've discovered: 1. $PROM has massive potential to become a leading memecoin chain. 2. It enables interoperability between EVM and non-EVM compatible networks. 3. Its native PRC20 chain can offer cheaper gas prices. 4. $PROM can act as a bridge between L1 and L2 projects, facilitating cross-chain transactions with lower gas fees. 5. Most importantly, it's cost-effective. Powered by Polygon, #prom slashes transaction costs using zkSNARKs, providing users with an economical blockchain solution.
That’s all for today folks. Hope you enjoy your day. See you later on.