**How do ZKC holders benefit from Proof-of-Verifiable-Work (PoVW)? ** The consensus technique that drives the Boundless ecosystem is called Proof-of-Verifiable-Work (PoVW), and it was created to combine effective incentives with cryptographic security. The goal of PoVW is to create and validate zero-knowledge proofs, as opposed to conventional proof systems that mostly rely on energy-intensive mining. This guarantees that beneficial computational efforts immediately support network scalability and security. Participants in PoVW carry out verifiable calculations that are necessary to provide privacy and interoperability across several blockchains. The network can effectively validate these calculations as proofs without having to repeat the entire effort. This design is a more sustainable option than Proof-of-Work since it increases productivity while reducing resource waste.
This methodology immediately benefits ZKC holders. They receive incentives that are dispersed through ZKC emissions by staking tokens and taking part as provers or delegators. In addition to offering token holders who assign their holdings to reliable provers passive earning potential, the reward system encourages active participation. Slashing mechanisms, on the other hand, safeguard the network by penalizing dishonest activity. Boundless uses PoVW to make sure that each computational unit benefits the ecosystem, and ZKC holders receive ongoing rewards for maintaining and expanding the network. A self-sustaining loop of long-term value, utility, and involvement is thus produced
