Hermez is a decentralized zk-rollup that focuses on scaling payments and token transfers on the Ethereum network to significantly reduce transaction costs while also promoting community initiatives via its Proof-of-Donation mechanism. On top of the E...Morethereum public blockchain, Hermez enables scalability payments and token transfers. It was created with high-frequency tokens in mind, such as ETH, Tether, DAI, and wBTC. Hermez stores data on the Ethereum public blockchain rather than computing it; therefore, data is available on-chain, but computation is done off-chain. Hermez uses the same security assumptions as Ethereum because both the data and the zero-knowledge proof are available on-chain. This means Hermez is just as resistant to censorship as Ethereum. Hermaz's native token is HEZ.
A quick snapshot of Hermez Network ROI (return on investment) over different time periods.
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Check the historical data and price changes on Coingecko.com
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Project announcements and news have a significant impact on the price. Below are live updates from Hermez Network's Twitter and Reddit accounts.
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