Hermez Network (HEZ) Live Price and charts Today

1 Hermez Network (HEZ) Price Today in USD is $4.1154

Hermez Network (HEZ) = $4.1154 USD

Hermez Network (HEZ) all-time high (ATH) is $10.23 USD

The maximum supply of Hermez Network (HEZ) is 17,347,647.90

Hermez Network (HEZ) 24h volume is $15860.49 USD

Hermez Network (HEZ) Market Cap is $68.75 Million(s) USD

Hermez Network
$4.1154
+0.17%
Time Interval :
Time Range :
  • .csv
  • .xls
  • .xlsx
  • Rank #339
  • Market Cap 0.00% $68,752,567
  • 24H Spot Volume 0.00% $15,860.49
  • 24H Volume / Market Cap -
  • Circulating Supply 16,706,072.39
  • Total Supply 17,347,648
  • Max Supply 17,347,647.90
  • Fully Diluted Valuation $71,392,923
  • API ID hermez-network copy duigou
  • Project Start Date -
  • Contracts & Explorer(s) coin-img 0xeef...38dee
    copy duigou
  • Websites Website
  • Links
    • icon
    • icon
    • icon
    • icon
    • icon
About HEZ Roadmap & Milestones
Hermez is a decentralized zk-rollup focused on scaling payments and token transfers.

Hermez is a zk-rollup which allows for scaling payments and token transfers on top of the Ethereum public blockchain. It is designed with high-frequency tokens like ETH, DAI, Tether, and wBTC in mind.

Polygon Hermez 1.0 version was launched in March 2021. The goal of Polygon Hermez 1.0 was to scale payments and transfer ERC-20 tokens. It focussed mainly on decongesting Ethereum main chain by taking transactions off from the main chain and executing them off-chain; this resulted in an increase in the number of transactions that can be executed per second to up to 2000, which was a big improvement over Layer 1 Ethereum. See Ethereum Live TPS to keep track of Ethereum's live transactions per second.

Polygon Hermez 2.0, henceforth called Hermez 2.0, has been developed to emulate Ethereum Virtual Machine(EVM) that executes Ethereum transactions with zero-knowledge proof validations. This has been accomplished by developing an EVM based on zero-knowledge; the machine is designed to recreate all the existing EVM opcodes that can be deployed as smart contracts. Although taking on this revolutionary design approach was a hard decision to make, the objective is to minimise the users and dApps friction when using the solution. It is an approach that requires the recreation of all EVM opcodes for the transparent deployment of existing Ethereum smart contracts. For this purpose, a new set of technologies and tools are being created and engineered by the team.

Expand
Related News
World unveils new layer-2 network 'World Chain' World unveils new layer-2 network 'World Chain'
Ride-hailing platform TADA launches Telegram mini app, enabling bookings in TON or USDT Ride-hailing platform TADA launches Telegram mini app, enabling bookings in TON or USDT
Celo launches Dango Layer 2 testnet in first step towards joining Ethereum ecosystem Celo launches Dango Layer 2 testnet in first step towards joining Ethereum ecosystem
Blast to Create a Foundation to Help Protocol Governance Blast to Create a Foundation to Help Protocol Governance
Bitcoin Lightning hacker Burak introduces new layer 2 ‘Brollups’ Bitcoin Lightning hacker Burak introduces new layer 2 ‘Brollups’
Latest News More More
4 Hours Ago Bitcoin breaks new all-time high above $74,000 amid Trump's early lead on Election Day
4 Hours Ago Hamster Kombat loses 86% of users as Paws Mini App soars on Telegram
1 Day Ago Meta opens Llama AI model up to US military
1 Day Ago Bitcoin price needs 2 months to return 'above macro trend' — Forecast
2 Days Ago Trump dump: Crypto liquidations hit $350M as Bitcoin drops below $69K
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open