@Boundless
Boundless (ZKC) is a universal protocol designed to bring the power of zero-knowledge (ZK) proofs to every blockchain. It allows independent nodes to generate ZK proofs for different blockchains, applications, and rollups.
Key features of Boundless (ZKC):
Zero-Knowledge Proofs: At its core, Boundless is a ZK proving infrastructure that provides scalable proof generation. This helps bypass traditional blockchain limitations like block size and gas limits.
Proof of Verifiable Work: The protocol uses a mechanism called "Proof of Verifiable Work" to govern how provers contribute to the system. ZKC, the native token, acts as collateral for these provers, ensuring they deliver reliable proofs.
Utility and Governance Token: ZKC is the native utility and governance token of the protocol. It's used as a reward for successful proof production and gives holders the ability to participate in protocol governance. This allows them to influence decisions on upgrades and future development.
Circulating Supply: The total supply of ZKC is 1 billion tokens, with a circulating supply of over 200 million.
Please keep in mind that the crypto market is highly volatile. If you're interested in buying or trading ZKC, be sure to do your own research and consider the risks.