ZKBase

ZKBase (ZKB)

Full information about ZKBase (ZKB). Current ZKBase price in SCR, ZKB open/close rates, ZKBase history charts, ZKBase market capitalization and volume.

1 ZKB = 0.971 ₨ Seychellois Rupee (SCR)
0.0680694 SCR

Last updated: 2024-01-14 13:50:00 UTC - about 1 year ago 1 USD = 14.271078 SCR

General information
Global rank:864
Name: ZKBase ZKBase
Symbol:ZKB
Current coin price (SCR):0.971 ₨
Last hour:arrow_downward-0.190 %
Last 24 hours:arrow_downward-0.380 %
Last 7 days:-7.00 %trending_down
Capitalisation (SCR):191 797 822.50 ₨
Volume 24h (SCR):2 983 211.87 ₨
Available supply:197 440 000.00 ZKB
Total coin supply:-1 ZKB
Start date:2023-12-29
Last updated: 2024-01-14 13:50:00 UTC - about 1 year ago

ZKBase/Seychellois Rupee (ZKB/SCR) price chart

ZKBase/Seychellois Rupee (ZKB/SCR) capitalisation and volume charts

What is ZKBase (ZKB)?

ZKBase (ZKB), previously known as ZKSpace (ZKS), is a digital asset on the Ethereum platform designed to support and enhance blockchain functionality through advanced technological solutions. It leverages Zero-Knowledge (ZK) proofs to offer scalability and privacy enhancements primarily for the Bitcoin and Ethereum networks. ZKBase facilitates an array of operations, including cross-chain swaps and other decentralized finance (DeFi) activities. It forms an integral part of ZKSwap, a Layer-2 decentralized exchange utilizing ZK-Rollup technology, which aims to provide high-speed and low-cost transactions.

What is ZKBase (ZKB) used for?

ZKBase is utilized within its ecosystem to provide Layer-2 scaling solutions, aimed at improving transaction speeds and reducing costs on the Ethereum network. It supports functionalities such as decentralized trading, liquidity provision, and yield farming on its platform. The project also explores solutions for programmable Bitcoin through a decentralized BTC bridge and Layer-2 decentralized exchanges that are anchored on ZK technology.