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Cryptocurrency News Articles

Prom Mainnet Launch Promises Scalable Blockchain Solutions for Developers and Users

Nov 21, 2024 at 10:00 pm

Prom, a blockchain network leveraging Polygon SDK, has officially launched its mainnet, signaling a new phase in scalable blockchain solutions. This comes after a successful testnet campaign that recorded over 25 million transactions and engaged 2 million unique wallets.

Prom Mainnet Launch Promises Scalable Blockchain Solutions for Developers and Users

Prom Mainnet Launch: A New Era in Scalable Blockchain Solutions

Prom, a blockchain network built on the Polygon SDK, has announced the launch of its mainnet, marking a significant step in the evolution of scalable blockchain solutions. This launch follows a successful testnet campaign that processed over 25 million transactions and attracted 2 million unique wallets. The network's advanced zero-knowledge (ZK) proof technology is poised to enhance throughput, reduce transaction costs, and bolster security.

Highlighting Prom's Impact on Blockchain Scalability

One of the most pressing challenges in blockchain today is scalability, which Prom aims to address through its ZK-based architecture. Despite the potential of ZK proofs, their technical complexity has limited their utilization. Prom's innovative design integrates this technology seamlessly, offering the speed and security necessary to meet the demands of modern blockchain applications without compromising user experience.

Moreover, Prom is renowned for its developer-friendly ecosystem, providing a versatile framework for building decentralized applications (dApps). This enables developers to create groundbreaking solutions effortlessly, without encountering scalability obstacles in their endeavors.

Iva Wisher, Prom's COO, expressed her enthusiasm for this milestone:

“We are delighted to open a new chapter for Prom and accelerate the growth of our ecosystem by inviting developers and users to engage with the chain. We are dedicated to continuously enhancing efficiency, making Prom the go-to network for seamless and affordable everyday on-chain interactions. We eagerly anticipate a surge in innovative products built on our network.”

Partnerships, $PROM Token Utility, and User Benefits

Prom's mainnet launch is supported by key industry collaborations, including Polygon, DWF Labs, Ankr, Goldsky, Automata, and Blockscout, to ensure optimal performance and security. The platform is powered by its native token, $PROM, which is listed on major exchanges like Binance, KuCoin, and Upbit. Besides facilitating rapid on-chain transactions, $PROM serves as the governance token for the Prom DAO, enabling users to participate in decision-making processes and share in network fees.

Prom welcomes developers with grant-based support programs, aimed at reducing barriers to dApp development. This initiative positions Prom as a compelling platform for creators seeking scalability and ease of deployment in their endeavors.

For everyday users, the platform offers lower transaction fees, robust security, and a high level of decentralization, making Prom a competitive player in blockchain technology.

Prom's Journey in Blockchain Adoption

Established in 2019, Prom has been at the forefront of blockchain adoption ventures in GameFi, SocialFi, Influencer Marketing, and DeFi. By identifying and addressing gaps in these sectors, Prom is working to integrate diverse markets into a single, scalable, and efficient network.

The Prom network is continuously pushing the boundaries of blockchain performance, paving the way for broader adoption and innovative applications.

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Other articles published on Jan 31, 2025