What is Hermez Network

Article Summary, Automatically Generated By AI

Summary

  • Hermez is a decentralized zk-rollup.
  • Focuses on scaling payments and token transfers on the Ethereum network.
  • Aims to greatly decrease the cost of transactions.
  • Supports community projects through its Proof-of-Donation mechanism.

Numbers and figures: None

Case studies, anecdotes, and examples: None

Introducing Hermez Network: A Revolutionary Blockchain Solution

Hermez is a decentralized zk-rollup solution, specifically designed to optimize payment and token transfer scalability on the Ethereum network, thereby significantly reducing transaction costs while fostering community-driven initiatives through its innovative Proof-of-Donation mechanism.

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