NERO Chain announces a partnership with Polyhedra Network, to build a secure and scalable Web3 infrastructure using zero-knowledge proof technology.
Polyhedra Network has successfully verified over 20 million cross-chain transactions across more than 30 blockchain networks through its zkBridgeーpioneering the development of next-generation, secure, and scalable Web3 infrastructure using zero-knowledge proof technology. Integrating Nero Chain with zkBridge offers significant advantages by enhancing interoperability, security, and scalability. zkBridge enables Nero Chain to seamlessly connect with multiple blockchain networks, facilitating cross-chain asset transfers and data sharing without compromising privacy. The use of zero-knowledge proofs ensures that transactions are verified by math, without any additional trust assumptions, bolstering the security of cross-chain interactions. . Additionally, zkBridge's efficient proof system reduces the computational load on Nero Chain, allowing for faster transaction processing and improved scalability.
This partnership with NERO Chain will focus on achieving the following goals:
Introduction of Altcoins: In addition to major tokens like USDT, USDC, ETH, and wBTC, NERO plans to bring more altcoins to its platform through Polyhedra’s zkBridge.
Streamlined Token Integration Process: NERO is exploring the introduction of a self-service model to quickly and efficiently add new tokens to zkBridge, aiming to optimize the integration process and reduce the load on the integration team.
Ecosystem Growth: NERO’s ecosystem is expected to grow even further with enhanced interoperability. NERO has a strong community, which is anticipated to grow alongside Polyhedra’s community.
Additionally, this partnership was established through a community voting system, as outlined in the proposal "zkBridge NEP-5: Integrate NERO with Polyhedra zkBridge.”
If you are interested in partnering with us on the mainnet, please submit your application here.
𝕏: https://twitter.com/nerochain_io (Global), https://x.com/nerochain_jp (Japan)
Telegram: https://t.me/NerochainOfficial
latest news
NERO Chain Sponsors AI and Web3 Event at “Metamorphosis 2024” in Bengaluru, India’s Technology Hub
→
NERO Chain CEO Delivers Keynote at EVM Summit 2024: Bridging Global to Local
→
NERO Chain Announces a Partnership with Vietnam’s Leading IT Development Company, VMO Holdings
→
Taipei Blockchain Week Official VIP Private Dinner: “Social Cult-ure Night” with NERO Chain as Co-host
→