Research report on Binance #Binance HODLer project Sophon @sophon
1️⃣Sophon Introduction
Sophon is based on Validium, integrated with ZK Stack, and aligned with the Elastic Chain vision, making it a powerful platform.
Whether you are a user or a developer, Sophon removes various barriers and provides scalability, interoperability, and an excellent on-chain experience.
2️⃣Sophon Advantages
1. Based on Validium and ZK Stack
Sophon leverages Validium as part of the ZK Stack, providing the following advantages:
Higher throughput: Efficiently handles large volumes of transactions.
Low transaction fees: Provides cost-effective interactions for users.
Layer 2 Advantages: As a Layer 2 network, Sophon ensures scalability while maintaining the security of the Ethereum mainnet.