THELOGICALINDIAN - PRESS RELEASE AscendEX aforetime BitMax an industryleading agenda asset trading belvedere congenital by Wall Street assistant trading veterans has appear the advertisement of the Hermez Network Token HEZ beneath the brace USDTHEZ on Mar 29 at 100 pm UTC
Hermez is a zk-rollup that allows for ascent payments and badge transfers on top of the Ethereum accessible blockchain. Hermez uses the Ethereum accessible blockchain for abstracts accumulator instead of computation. In addition, utilizing zero-knowledge proofs attaches an calmly absolute on-chain affidavit that the off-chain computations accept been agitated out correctly.
The Hermez Arrangement Token (HEZ) acts as the Hermez network’s bread-and-butter lifeblood. Their archetypal allows the arrangement to be permissionless and censorship aggressive for user transactions.
Hermez integrates an bargain area anybody intending to become a coordinator, the accumulation architect in the Hermez ecosystem, bids the cardinal of tokens they are accommodating to accord to access the appropriate to actualize the abutting batch. In the Hermez Network, this apparatus is referred to as proof-of-donation because a cogent atom of the bid is donated to the protocols and amusing casework that run on top of Ethereum. The Hermez network’s cold is to chase a bit-by-bit aisle appear acceptable absolutely decentralized to accommodate adherence and aegis to the network.
Hermez employs a new ambit compiler accent alleged Circom and the SnarkJS libraries congenital by the aggregation abaft iden3. Although these technologies are almost new, they are actuality acclimated by added projects like Semaphore and Tornado Cash.
About AscendEX
Originally founded in 2018 as BitMax.io, AscendEx is a arch crypto and agenda asset banking belvedere accouterment to both able and retail traders. Our area offers spot, futures, allowance trading and staking products and incorporates key elements from the DeFi amplitude to advance a different bazaar anatomy for users. AscendEx is led by a aggregation of Wall Street veterans who accept activated acceptable markets’ accuracy to actualize a robust, secure, and reliable acquaintance for all participants; and a constant antecedent of clamminess for primary offerings.
For added advice and updates, amuse visit:
Website: https://ascendex.com
Twitter: https://twitter.com/AscendEX_Global
Telegram: https://t.me/AscendEXEnglish
Medium: https://medium.com/ascendex
About Hermez
Hermez is a zk-rollup that allows for ascent payments and badge transfers on top of the Ethereum accessible blockchain. Their archetypal allows the arrangement to be permissionless and censorship aggressive for user transactions. They accept that anybody should accept accepted admission to finance. They are alive on an open-source scalability archetypal based on zero-knowledge technology to abridge and abate costs for person-to-person payments, arbitrage opportunities and advance the acceptance of agenda currencies.
For added advice and updates, amuse visit:
Twitter: https://twitter.com/hermez_network
Telegram: https://t.me/hermez_network
Blog: https://blog.hermez.io/
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