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

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

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.