Prom Explaining: zk-SNARKs & zk-STARKs
Today we’re decoding two paramount ZKP technologies zk-SNARKs & zk-STARKs to depict the potential for the future of blockchain ecosystem.
Key Differences:
- Trust Setup: zk-SNARKs require a one-time setup, which facilitates the creation of subsequent proofs. zk-STARKs do not require this setup, offering an alternative approach to generating randomness.
- Proof Size: zk-SNARKs generate much smaller proofs compared to zk-STARKs. This difference is crucial in scenarios where minimizing data size is beneficial.
- Transparency and Scalability: zk-STARKs operate without a trusted setup, which enhances transparency. zk-SNARKs, meanwhile, provide a more compact solution that is suited for environments with strict data size constraints.
Benefits of zk-SNARKs
Prom leverages zk-SNARKs technology that offers some major advantages for building.
- Efficiency: zk-SNARKs require less bandwidth to transmit and less storage space.
- Speed of Verification: allow for quicker verification times compared to zk-STARKs.
- Mature Technology: zk-SNARKs have a more mature ecosystem, bringing reliability and a better-understood security landscape.
Ecosystem Rally Campaign: Participant Highlight
We're moving on to the next sector within our ecosystem: RWA, which is building a bridge between physical assets and on-chain utilities.
@RWA_Inc_: a broad suite of features at the intersection of traditional finance and decentralization, empowering global investment opportunities.
Explore RWA on Zealy: https://t.co/M8tbtHRBfY
@ArtdeFinance: a digital bridge to the art world, pegging NFTs to real objects and certificates of authenticity and building an innovative platform to unite the cultural community.
Explore ADF on Zealy: https://t.co/CC364gme2M
@hypeboyglobal: an event-focused Web3-powered platform that brings global cultural events closer to vibrant community through NFT collections, smart ticket service, and wide array of digital features.
Explore HypeBoy on Zealy: https://t.co/Zu7pDb67eq
Ecosystem Rally Campaign: Participant Highlight
Our ecosystem spans across multiple Web3 sectors; today, we’re covering one of the most fast-emerging and already prominent industries: GameFi.
📍@NadaSlimeWorld: An ecosystem making Web3 gaming enjoyable, quality-oriented, and fun with an earning twist. A well-balanced, stability-oriented approach to GameFi.
Explore NADA on Zealy: https://t.co/CHXqgQbVhh
📍@SpintopNetwork: One of the best sources of GameFi knowledge for all gamers. Find the most relevant info on Gamepedia and unlock early-stage projects with Spintop Launchpad.
Explore Spintop on Zealy: https://t.co/LyiYDHdzoV
The biggest release in Particle's history is now LIVE! ✨
We just rolled out Testnet Phase 1 of the Particle Network Modular L1, alongside Particle Pioneer: a community platform for rewarding Testnet participants.
Our Testnet features a high-speed EVM execution environment interconnecting multiple chains. It also debuts two Particle Network innovations:
🌐 Universal Accounts, allowing users to have a single address across all blockchains.
⛽️ Universal Gas Token, allowing you to pay for gas on any chain after a single deposit, eliminating the need to hold multiple gas tokens.
💧 Universal Liquidity, enabling automatic cross-chain transactions and swaps, will be introduced in Phase 2.
Meanwhile, with Particle Pioneer, you can earn $PARTI points. These entitle you to participate in our upcoming airdrop, earn rewards across multiple ecosystems, and other special benefits.
To begin earning points:
🟣Go to https://t.co/LB38vkcqHV.
🟣 Log in with a BTC or EVM wallet, or via your social accounts.
🟣 Enter an invite code. You can find one on Twitter, our Discord, etc. Make sure to avoid suspicious links!
🟣 Create a Universal Account, deposit Testnet assets, and send transactions using Universal Gas to earn PARTI points.
🟣 Boost your points rewards by holding community assets.
🟣 Leverage your points for bonuses on The People's Launchpad.
🟣 Stay on the lookout, as new tasks and bonuses will be added over time.
This release marks the beginning of our chain abstraction journey, one where we will attempt to take Web3's UX to the next level. Watch this account, as this is only the beginning!
Full details and an in-depth testing guide at: https://t.co/io0Wl0YyDx
Prom Integrates AirDAO Into the Ecosystem
We're thrilled to see our ecosystem expanding: we welcome @airdao_io, a community-governed L1 blockchain, on board.
AirDAO is an ecosystem of Web3 projects shaped by collective wisdom via DAO governance. AirDAO's mission is to create a user-centric future for DeFi by connecting great products with a passionate, diverse community.
We share AirDAO's mission to make the future of Web3 accessible, transparent, and united by decentralization and further work on boosting the scalability and growth of next-gen Web3 products.
Stay tuned for further announcements!
Delegate $EIGEN to Prom EigenLayer Operator
As part of our ongoing journey to build an efficient and scalable network, we’ve recently joined @eigencloud mainnet as Operator.
EigenLayer offers a swift restacking mechanism to bolster security across multiple protocols. You can now initiate delegation of your EIGEN tokens to Prom by choosing our protocol from the list of available Operators or directly through the Prom Operator page.
Follow the link below to become a staker 👇
https://t.co/ss2HPGhXyL
Testnet Progress Update
Community, we’re back with a new review of all the vital metrics of our testnet.
Since the last overview, we’ve doubled the daily average number of transactions and are rapidly moving towards hitting a milestone of 1,000,000 unique wallets, all courtesy of your immense support.
We thank every participant for the activity, follow the link to our Medium to learn more 👇
https://t.co/F3WtdySEN1
New Milestone: 1,000,000+ Unique Testnet Wallet Addresses
Community, you’re keeping us busy tracking the testnet metrics, and we could not be happier to start the week with an impressive milestone: we’ve hit a grand number of 1,000,000 unique wallets.
Our team is excited to share this journey with you; thank you for your support 🔥
Prom Explaining: Modular & Monolithic Blockchains
Prom utilizes modular blockchain architecture. However, it might be hard to grasp what the term implies, especially compared to monolithic ones.
What's the Key Difference?
A monolithic blockchain integrates all functions — consensus, execution, and data availability — into a single layer. This traditional unified architecture is epitomized by Bitcoin and Ethereum, for example.
In the meantime, a modular blockchain decouples these functions into separate layers. Just like separate blocks, you can stack them on each other.
What are the Advantages of Modular Architecture?
Thanks to the structural framework, modular blockchains improve the scalability of the network. The key benefits of Layer 2 solutions are tied to the modular design of the solutions:
- Scalability: By isolating execution from consensus, modular blockchains allow rollups to process a higher volume of transactions.
- Flexibility: Developers can choose the most suitable consensus or data availability layers without being locked into a specific blockchain's architecture.
- Security: Separating critical functions means that issues in one layer do not compromise the entire network, enhancing the overall security posture.
What's the Value?
Overall, modular architectures represent a significant shift towards more flexible blockchain environments, particularly beneficial for solutions that require adaptable frameworks.
Validator Campaign Overview
Stakes are getting higher, and numbers are getting stronger: we've surpassed 300,000 total quest claims, and our top-10 participants are getting pretty close to all reaching 100,000+ in total XP count.
But remember, gearing up and breaking into the campaign's leaders is still possible, so if you are a Prom newcomer, we welcome you to join the race.
See some of the stats, current leaderboard, and join the campaign on our official Zealy Space 👇
https://t.co/DatVpoBqGf
OGCommunity Vision: How We're Going to Become the Most Influential Community in Gaming
https://t.co/vkYQ3oU0Ht
We want to share our vision with you and truly convey who we are, what we do, and how we're going to reach our milestone to become the most influential community!
🫡 Hey, OGs! Are you real OG and truly understand our mission?
You need to have a genuine understanding of the OGCommunity mission to be a real OG and get more with us💪
Sit back, make some tea, and be ready to absorb information. Let's GO, OGs! 😏
*Let's start with the end, OGs: what great milestones will we reach in 2-5 years?
Our main goal is to build the most influential community in the gaming industry with more than 10 million active members. We understand the strength that gamers can wield in unity with an overarching vision and roadmap. We need to move forward together, OGs!
Gaming is one of the biggest industries! 🚀🚀
It grows every single year. In 2023, the global gaming market reached a total revenue of $184.0 billion. According to the latest data, there are approximately 3.32 billion active gamers worldwide!!!
We think that in the future, gaming will be a part of everyone's life.
And with the growth of meta-universes, at some point, we all might wake up already in virtual reality!We think that in the future, gaming will be a part of everyone's life. And with the growth of meta-universes, at some point, we all might wake up already in virtual reality!
✅Our mission is clear: to Lead in Gaming. This is our destiny!
How will we do it? We have a crystal-clear roadmap and our vision, and we want to share it with you.
https://t.co/IDH7y0wffu
So, the most important aspect is the community. That's why our project is called OGCommunity. With your power, we can accomplish really big things! 😎
🔥 And we believe in democratic principles and decentralization. We need to fairly reward each of our members. The more active you are, the more you earn! 🔥
#OGC Token will help us understand who deserves rewards from the ecosystem!
https://t.co/IUf4ZIxRaz
By the way, we're going to distribute up to 80% among all OGs who stake OGC ⭐️
Also, the amount of staked OGC Tokens will give you votes in DAO.
Listing is coming soon, but if you want to sell OGC upon listing, you'll feel like that guy who swapped 10,000 BTC for 2 pizzas! 😱
Grab -> Stake -> Earn/Influence/Win!
https://t.co/I7VqtR29FZ
Read more about staking technology on our blog!
https://t.co/NhvC95n0wi
To GRAB OGC, you don't need to invest or buy anything!
❤️ Just be active in the ecosystem and OGC App to earn OGC Tokens.❤️
But remember, there are only 1 billion OGC Tokens, and for now, our OGs have already grabbed about 400M.
❗️❗️ Don't miss your chance! ❗️❗️
How to earn more OGC Tokens⬇️
https://t.co/xSsaAfqNtF
⭐️Our big mission is to build a huge ecosystem in the gaming industry where every participant of gaming will be involved: gamers, developers, publishers, big brands and startups, influencers, web3 actors. Everybody!
👀The elements of the OGC Ecosystem we're building now include: OGC App, OGC Arena, OGC Streaming, OGС Publisher, OGС LaunchPad, OGC Marketing, OGC DAO, OGC Academy, OGC Profit Hunters.
❗️🔥🚀 Yes, you've understood correctly: we're going to PUBLISH games, be the TOURNAMENT OPERATOR, help projects LAUNCH their tokens, and PROMOTE them! And who knows what new elements we'll launch in the future.
Read more about our ecosystem here; it's really important!
https://t.co/OvYtdZBnrG
✅ As you can see, we want to achieve really big things!
It's a long game, and OGs who stay with us will be fairly rewarded! 🥳
Those who only think about getting free tokens and selling them immediately will feel FOMO regardless. And anyway, they will come back to us, but not as influential as they could be.
😎 Choose the right team! 😎
OGCommunity is for you if you want to be a part of the most influential community in gaming!
GRAB OGC today if you don't want to regret tomorrow!
Let's GO, OGs! #OGCommunity #OGComunityX
Validator Campaign: Community Entries Compilation
We continue diving into your creative power, and it’s time for a new recap of some great content entries.
Check out our new compilation, and find yourself 👇
Hello everyone, you haven't forgotten about Prom io Modular ZkEVM Layer 2 yet.
Among the advantages, I would like to highlight the stabilisation of the test network. And then we are waiting for further testing from the network.
@prom_io#prom $PROM #promvalidators