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What is Polyhedra Network (ZKJ)?

Polyhedra Network basic info

Name:Polyhedra Network
Ticker:
Introduction:

What is Polyhedra Network (ZK)?

Polyhedra Network (ZK) is a platform that harnesses the power of zero-knowledge proof (ZKP) technology to drive interoperability, scalability, and privacy in Web3. The network is on a mission to bridge the gap between different blockchain networks, protocols, and systems, enabling seamless communication and collaboration across Web3.

Polyhedra receives strong backing from the likes of Binance Labs, Polychain, OKX Ventures, Hashkey, UOB, Foresight Ventures, etc. It has also worked with the biggest names in the crypto market like Animoca Brands, BNB Chain, Arbitrum, Celo, to name a few.

How Polyhedra Network (ZK) Works

Polyhedra Network operates on the foundation of advanced ZKP technology. ZKP is a technology that allows one party to prove to another party that they know a piece of information, without revealing what that information actually is. ZKP serves as the backbone for Polyhedra’s suite of services as follows:

zkBridge

The most important product of Polyhedra Network is zkBridge, a groundbreaking solution for achieving trustless and efficient cross-chain interoperability. Traditional cross-chain solutions often rely on trust assumptions, leaving them vulnerable to security threats. However, zkBridge flips the script by using ZKP to verify consensus between different blockchains without external trust requirements.

zkBridge powers a wide range of applications, from token bridging to computational logic across multiple blockchains. Through zkBridge, Polyhedra facilitates seamless asset transfers, message passing, and data sharing between various blockchain networks.

Distributed Proof Generation Network

To turbocharge the performance of its ZKP systems, Polyhedra Network introduces the Distributed Proof Generation Network. This network incorporates cutting-edge technologies like deVirgo and paraPlonk to accelerate proof generation and reduce on-chain verification costs.

deVirgo is a novel distributed proof system that optimizes parallelism and minimizes communication overhead. Thanks to deVirgo, zkBridge can work up to 100 times faster than traditional methods. Additionally, paraPlonk enhances scalability by enabling large-scale distributed proof generation, paving the way for decentralized zkRollup and zkEVM solutions.

zkDID

In the quest to bridge the gap between Web3 and the broader internet, Polyhedra Network introduces zkDID - a scalable and interoperable decentralized identity solution. Built on the principles of soul-bound tokens (SBTs) and verifiable credentials, zkDID aims to onboard billions of internet users onto Web3 infrastructures and applications.

With zkDID, users have control over their personal information, thanks to stealth address mechanisms powered by ZKP. This infrastructure not only supports millions of verifiable credentials per second but also ensures compatibility with W3C standards and various data types.

ZK Goes Live on Bitget

By leveraging the power of zero-knowledge proof technology, Polyhedra is breaking down barriers and paving the way for a more interconnected, scalable, and privacy-centric decentralized ecosystem. As we move forward into the digital frontier, Polyhedra stands ready to lead the charge, driving innovation, and empowering users to embrace the full potential of Web3. With zkBridge, the Distributed Proof Generation Network, and zkDID at its disposal, Polyhedra Network is set to shape the future of the internet as we know it.

Get ready to embark on a journey into the next wave of Web3 innovation with Polyhedra Network by trading ZK, the native token of Polyhedra.

How to Trade ZK on Bitget

Step 1: Go to ZKUSDT spot trading page

Step 2: Enter the amount and the type of order, then click Buy/Sell.

Trade ZK on Bitget now!

ZK on Bitget Launchpool

There's more! ZK will be a part of Bitget Launchpool, a platform for users to stake and earn new tokens for free. Join now to get the best out of it!

From March 19, 10:00 – March 29, 10:00 (UTC), you can grab a share of 200,000 ZK through Bitget Launchpool.

For more specific information on how to get ZK tokens on Bitget Launchpool, check out the announcement here.

Stake BGB/USDT and Get free ZK now!

Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

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Current price:
All-time high:$3.87
All-time low:$1.04

ZKJ supply and tokenomics

Circulating supply:69,217,520 ZKJ
Total supply:900,000,000 ZKJ
Max supply:1,000,000,000 ZKJ
Market cap:$80.29M
Fully diluted market cap:$1.16B

Links

Buy Polyhedra Network for $1Buy ZKJ now

What is the development prospect and future value of ZKJ?

The market value of ZKJ currently stands at $80.29M, and its market ranking is #509. The value of ZKJ is not widely recognized by the market. When the bull market comes, the market value of ZKJ may have great growth potential.

As a new type of currency with innovative technology and unique use cases, ZKJ has broad market potential and significant room for development. The distinctiveness and appeal of ZKJ may attract the interest of specific groups, thereby driving up its market value.

What will the price of ZKJ be in 2025?
Based on ZKJ's historical price performance prediction model, the price of ZKJ is projected to reach $1.65 in 2025.
What will the price of ZKJ be in 2030?
In 2030, the ZKJ price is expected to change by -5.00%. By the end of 2030, the ZKJ price is projected to reach $3.04, with a cumulative ROI of +168.44%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of ZKJ and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is ZKJ worth investing or holding? How to buy ZKJ from a crypto exchange?

If you want to buy ZKJ, the following information may be helpful for your investment decisions:
In the last seven days, the price of ZKJ has risen by 1.83%, leading to positive returns for most ZKJ investors. The market is currently optimistic about the price trend of ZKJ.
It is important to note that the current price of ZKJ has retreated by -70.00% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether ZKJ is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in ZKJ or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of ZKJ, if you want to buy or sell ZKJ, you can consider Bitget for your trading needs. The best place to buy ZKJ is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Polyhedra Network has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Polyhedra Network. Here's a step-by-step guide on how to buy Polyhedra Network on Bitget.

How to get Polyhedra Network through other methods?

Using cash to buy Polyhedra Network is not the only way to obtain Polyhedra Network. If you have the time to spare, you can get Polyhedra Network for free.
Learn how to earn Polyhedra Network for free through the Learn2Earn promotion.
Earn free Polyhedra Network by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Polyhedra Network airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Polyhedra Network through Bitget Convert, Bitget Swap, or spot trading.

What is Polyhedra Network used for and how to use Polyhedra Network?

The use case of Polyhedra Network may expand as the crypto market and the project itself develop. Currently, you can use ZKJ to achieve the following goals:
Arbitrage by trading ZKJ: Since ZKJ is a frequently traded cryptocurrency, the price of ZKJ is always fluctuating. Earn more ZKJ by buying low and selling high on the exchange. Bitget spot market provides a variety of ZKJ trading pairs to fully meet your needs.
Earn by staking ZKJ: You can also generate income through financial management methods such as staking ZKJ or lending ZKJ. Bitget Earn offers a variety of financial products designed to help you earn more income from your ZKJ.
Send or pay ZKJ: If you want to give ZKJ to your friends, a charity, or a fundraiser, or you want to pay someone with ZKJ, you can quickly and easily send ZKJ to the recipient through their payment address.
You can also go to the official website of the Polyhedra Network project to learn more about the use cases of ZKJ. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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