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Cryptocurrency News Articles
Prom: A zkEVM Layer 2 Multichain Platform Bridging Blockchain Silos
Jan 20, 2025 at 03:07 pm
Prom is an intuitive blockchain platform built on the Polygon CDK that leverages zkEVM technology to enable secure, fast and cost-efficient transactions across multiple Layer 1 networks.
Prom is a zkEVM Layer 2 multichain platform that enhances scalability, security and interoperability in the blockchain space. Here's an overview of its innovative technology, ecosystem and practical applications.
Prom: A zkEVM Layer 2 Multichain Platform
Prom is a zkEVM Layer 2 network that aims to overcome the limitations of Ethereum's distributed ledger technology (DLT) trilemma by combining the best aspects of both worlds. By emulating the EVM, Prom duplicates all EVM opcodes, allowing for seamless integration of existing Ethereum smart contracts. Its zero-knowledge rollups (ZK-rollups) significantly enhance Ethereum's scalability, transaction speed and cost efficiency.
Moreover, Prom bridges the gap between EVM and non-EVM compatible chains, breaking blockchain silos and fostering interoperability. Developers can effortlessly deploy their smart contracts, while users can securely transfer assets for off-chain operations. By verifying off-chain computations with ZKPs, Prom ensures transparency and the security of user funds, harmonizing scalability with Ethereum’s trusted security framework.
The Team at Prom
Prom operates under a decentralized governance model via the Prom DAO, which is introduced after Prom’s mainnet launch. This innovative governance structure empowers PROM token holders to actively participate in decision-making, ranging from contract upgrades to performance enhancements.
The role-based hierarchy within Prom DAO ensures efficiency and transparency. Token holders can assign voting power to delegates who represent their interests, while validators scrutinize and validate proposals. Economic incentives, such as sharing 32% of network fees, reward active participants and drive community engagement.
While the team behind Prom remains semi-anonymous, the platform’s governance-driven structure reflects a community-focused approach to development and network evolution, ensuring Prom’s adaptability and long-term success. Find more info on the team at Prom’s LinkedIn page.
How Does Prom Work?
Prom uses the following three key components to achieve its multichain solution.
zkEVM Layer 2
As stated above, Prom operates as a zkEVM Layer 2 network, leveraging ZKPs to enhance privacy, scalability and security. Transactions are batched off-chain and validated through ZKPs before being finalized on Ethereum Layer 1.
The zkNode is a core component that facilitates this process by managing transaction sequencing, state synchronization and proof aggregation while maintaining the integrity of the network’s state.
Multichain Interoperability
Prom is designed to be more than just an Ethereum-compatible Layer 2. Its multichain bridge connects both EVM and non-EVM chains, including networks like Bitcoin and Solana. This broad interoperability enables transfers of assets on multiple chains, fostering liquidity and utility across ecosystems.
In addition, Prom supplies bridging technology for secure transfers and Hyperlane technology for optimized speed and efficiency, supporting a wide range of tokens, decentralized applications (DApps) and digital assets.
Modular Design
Prom’s modular architecture is key to its adaptability. The network’s zkNode software allows trusted Sequencer, Aggregator and remote procedure call (RPC) nodes to operate independently or in tailored configurations. This modularity supports efficient resource allocation and ensures flexibility in connecting various blockchains.
Moreover, Prom’s compatibility with standard Ethereum tools like MetaMask and Solidity means developers can migrate DApps or deploy smart contracts without any learning curve. This modularity also extends to its database layers, enabling the seamless synchronization of states and transactions across multiple chains.
Prom's Ecosystem and Partnerships
Prom’s network has strategically positioned itself as a scalable, multichain solution by leveraging partnerships and collaborations that enhance its ecosystem. One notable partnership is with DWF Labs, a significant contributor to Prom’s growth and adoption. DWF Labs also participated in a previous funding round and also gave advisory support, bolstering Prom's technical and community development. You can find all associated ventures, RWA and SocialFi protocols here.
In addition, Prom actively pursues alliances with other blockchain projects and platforms. These partnerships aim to integrate Prom's zkEVM capabilities across ecosystems, creating a bridge between EVM compatible and non–EVM compatible chains. This multichain focus positions Prom as a unifying force in the blockchain space, fostering decentralization and interoperability.
Prom’s Use Cases and Practical Applications
The introduction of Prom's zkEVM is essential to achieving scalability and privacy. By enabling asset and data movement across chains without intermediaries, Prom reduces reliance on centralized bridges, thereby enhancing security and efficiency. Developers and users benefit from lower fees and faster transactions, creating an ideal environment for DeFi, GameFi and NFT applications.
zkEVM’s ability to batch transactions reduces gas costs significantly, spreading Layer 1 fees across multiple operations. This makes it especially suitable for applications requiring frequent interactions, such as payments and real-time gaming.
Moreover, ZKPs ensure user privacy by verifying transaction validity without exposing sensitive data. This feature is vital for enterprise applications whose data confidentiality is paramount
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