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Welcome To Wootfi All In One Review Blog Welcome To Wootfi All In One Review Blog
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0
Welcome To Wootfi All In One Review Blog > Blog > COINS > ZKSwap (ZKS) Coin Review : It Is Good Or Bad Review
COINS

ZKSwap (ZKS) Coin Review : It Is Good Or Bad Review

Denny Bitsong
1 year Ago COINS Posted by By Denny Bitsong 4 Min Read Add Comment Tags: ZKSwap (ZKS) Coin ZKSwap (ZKS) Coin login ZKSwap (ZKS) Coin review
ZKSwap (ZKS) Coin Review : It Is Good Or Bad Review
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What Is KuramaInu (KUNU)?
What Is KuramaInu (KUNU)? Complete Guide Review About KuramaInu.

About ZKSwap

ZKSwap is a token Swap protocol based on Automated Market Maker (AMM). Through ZK-Rollup technology, the full set of uniswap functions are realized in Layer-2, while providing unlimited scalability and privacy. ZKSwap provides liquidity providers and traders with ultra-high throughput Swap infrastructure, and transactions do not require any Gas fees.

ZKSwap is a token swap protocol based on Automated Market Maker (AMM). Through ZK-Rollup technology, the full set of Uniswap functions are realized in Layer-2, while providing unlimited scalability and privacy. ZKSwap offers swap infrastructure and transactions with ultra-high throughput and zero gas fees to liquidity providers and traders.

ZKSwap At the moment, most decentralized exchange DEXs such as Uniswap differ from centralized exchanges such as Huobi and OKEx in incorporating automated market makers and replacing manual quotations with established algorithms. As such, decentralized exchange can remove centralized matching and clearing while eliminating the market maker in the transaction. Thus, they can provide users with highly secured and confidential transactions.

ZKSwap (ZKS) Storage Key Points

Coin BasicInformation
Coin Name ZKSwap
Short Name ZKS
Circulating Supply197,440,000.00 ZKS
Total Supply1,000,000,000
Source CodeClick Here To View source code
ExplorersClick Here To View Explorers
Twitter Page Click Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project Website Click Here To Visit Project Website

Technology

Layer-2 Server

ZKSwap server can interact with users through the WebSocket interface, and can also monitor transactions on the Ethereum blockchain. All legal transaction requests will be placed in the ZKSwap memory pool, which will ultimately be processed by the Swap Engine.

Plonk zero-Knowledge Proof System

ZKSwap’s zero-knowledge proof system adopts a distributed architecture and uses the latest zero-knowledge proof algorithm PLONK to generate proofs. PLONK’s global trust setup only needs to be generated once, and applications with a certain range of circuit scale can be reused, which greatly reduces the threshold for using zero-knowledge proof.

High TPS(Transaction Per Second)

ZKSwap Hindered by TPS limitations on Ethereum, traditional Dex such as Uniswap has an obvious bottleneck in transaction numbers and capacity per second. Through optimizing GPU, ZKSwap can conduct hundreds and thousands of TPS with the trustless method. While having enough machines to support expansion, ZKSwap’s TPS can theoretically reach 6000.

Real-Time Transaction

All transactions on ZKSwap are transferred to Layer-2 and are valid for real-time transactions, users DO NOT need to wait for the confirmation time of a block.

Features

Decentralization

ZKSwap Users have complete control of their assets, transactions do not require authorization, and have good privacy and higher liquidity.

Ultra high TPS

Based on ZK-Rollup technology, transaction TPS can be increased by multiple orders of magnitude.

No GAS

ZKSwap Liquidity providers and users do not need to pay high gas fees, which greatly reduces the threshold for use.

Tags: ZKSwap (ZKS) Coin ZKSwap (ZKS) Coin login ZKSwap (ZKS) Coin review

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Denny Bitsong 02/06/2021
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