ZKBase

ZKBase (ZKB)

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

1 ZKB = 2.86 $U Uruguayan Peso (UYU)
0.0680694 UYU

Last updated: 2024-01-14 13:50:00 UTC - about 1 year ago 1 USD = 42.063796 UYU

General information
Global rank:864
Name: ZKBase ZKBase
Symbol:ZKB
Current coin price (UYU):2.86 $U
Last hour:arrow_downward-0.190 %
Last 24 hours:arrow_downward-0.380 %
Last 7 days:-7.00 %trending_down
Capitalisation (UYU):565 321 307.81 $U
Volume 24h (UYU):8 792 973.85 $U
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/Uruguayan Peso (ZKB/UYU) price chart

ZKBase/Uruguayan Peso (ZKB/UYU) 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.