Hermez: Layer2 zk-rollup, merged with Polygon, now uses MATIC.
Hermez is a Layer2 zk-rollup on Ethereum for fast, low-cost transfers, utilizing zero-knowledge tech with blockchain validation, now merged with Polygon and using MATIC tokens.
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View moreWhat is Hermez Network (HEZ)?
Hermez is a borderless, secure, and decentralized Layer 2 zk-rollup platform built on the Ethereum blockchain, allowing users to transfer digital assets quickly and at low costs. The platform aims to promote universal access to finance, reduce transaction costs for P2P payments and arbitrage, and encourage the broader adoption of digital assets. The native token, HEZ, initially an ERC-20 utility token used for platform consensus, has been merged with Polygon and is now indexed to MATIC, transforming into Polygon Hermez’s zk-Rollup utility token. Hermez’s key features include leveraging zero-knowledge technology to enable faster and cheaper transactions. Funds are stored in smart contracts on the main Ethereum chain, while transaction validation occurs both on and off-chain. Transactions a...
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Hermez Network price live information
As of now, Hermez Network is trading at 3.271227 USD, with a 24-hour trading volume of approximately 13.67K USD. The HEZ to USD price is updated in real time. Over the past 24 hours, Hermez Network has decreased by 0.67%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 0 USD. Currently, there are 4 700 000 HEZ in circulation out of a maximum supply of 100 000 000 HEZ.
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