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PROMUSD

Prom

PROMUSD
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5.387USD

-0.009-0.17%

Today

-0.17%

1 Week

+4.40%

1 Month

-2.69%

6 Months

-44.65%

Year to Date

-8.21%

1 Year

+34.71%

View Detailed Chart

Key Data Points

Opening Price

5.412

Previous Closing Price

5.396
Price Range of the Day
5.3715.446
52-Week Price Range
0.0005.387

Prom News

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Info of Prom

How does Prom (PROM) work?up
How does Prom (PROM) work? At the core of Prom's functionality is its ability to connect both Ethereum Virtual Machine (EVM) and non-EVM compatible chains, broadening its applicability and utility across different blockchain ecosystems. Prom leverages zero-knowledge proofs, specifically zkSNARKs, to ensure transactions are fast, secure, and private. This technology allows for the verification of transactions without revealing any sensitive information, maintaining privacy and security. Additionally, by submitting proof of transactions to additional chains atop the chosen settlement chain, Prom effectively builds bridges between disparate blockchain networks, facilitating seamless asset and data transfer.
What are the key features of Prom (PROM)?up
What are the key features of Prom (PROM)? Prom offers several key features that make it a compelling Layer 2 solution: Multichain support: Prom can submit proof of transactions across multiple networks, including both EVM and non-EVM compatible chains, ensuring a high level of decentralization and 100% uptime. Efficiency and Scalability: Prom's use of zkSNARKs reduces costs and enhances scalability. High-Speed Transactions: Polygon Zero's technology brings exceptional speed to every transaction. Robust Security: Prom inherits Ethereum's Layer 2 security, ensuring the highest level of data integrity. EVM Compatibility: Prom seamlessly integrates into the familiar EVM environment.
How is Prom (PROM) secured?up
How is Prom (PROM) secured? Prom's security architecture is built on a foundation of cutting-edge technologies and protocols, ensuring the integrity and safety of its network. It leverages the robust security measures inherent in Ethereum's Layer 2 solutions, further enhanced through the implementation of zkSNARKs. The platform's multichain support, which includes the ability to submit proof of transactions across both EVM and non-EVM compatible chains, contributes to its security by ensuring decentralization and reducing the risk of single points of failure. Prom also places a strong emphasis on data protection, adhering to stringent safeguards such as EU Model Clauses and EU Commission adequacy decisions when handling personal data.

Prom

5.387

-0.009-0.17%