About Prom (PROM)
Prom is a modular ZkEVM Layer 2 that enables interoperability across various chains, including both EVM and non-EVM compatible networks. Prom submits its proof of transaction to the additional chains on top of the chosen Settlement chain, building the bridge between ecosystems.
Prom utilizes zkSNARKs to optimize transaction efficiency. It maintains EVM compatibility, facilitating seamless integration with Ethereum-based applications, and inherits robust security features. The solution operates across both EVM and non-EVM networks, enabling interoperability and multichain functionality. As per the project, this results in a high level of decentralization and promotes 100% uptime.
Secondly, Prom supposedly prioritizes efficiency and scalability, thereby reducing costs and enhancing scalability through the implementation of zkSNARKs. The platform reportedly boasts high-speed transactions, facilitated by Polygon Zero's technology, enhancing transaction speeds. Moreover, Prom inherits Ethereum's Layer 2 security measures to uphold the highest standards of data integrity and offers EVM compatibility allowing seamless integration within familiar EVM environments.
PROM is the native token of the Prom zkEVM ecosystem, serving as the facilitator for all transactions, enabling user governance, and fostering community participation. The PROM token is used as a gas fee to ensure speed and efficiency for transactions and contract executions. It also grants governance rights upon users, giving them the power to make decisions regarding the network's future. Additionally, the PROM token provides accessibility to an assortment of services within the Prom network. It also allows users to establish their node, further integrating them into the ecosystem.
The price of PROM is available and updated in real time on Binance.
