Zircuit (ZRC) Price

Zircuit is an AI-enabled zk rollup powered by the latest research in L2 technology. 100% EVM-compatible, Zircuit is the first zkEVM built on Optimism Bedrock, the leading rollup development framework.

What is Zircuit?

Zircuit is an EVM-compatible zero-knowledge rollup platform designed to harness the limitless potential of Web3. Backed by groundbreaking Layer 2 (L2) research, Zircuit introduces a hybrid architecture that combines robust infrastructure with zero-knowledge proofs. This approach offers developers and users unparalleled benefits, including faster transactions, reduced fees, and heightened security.

The platform is live on its Mainnet, allowing users to access its liquidity hub, engage with a growing ecosystem of decentralized applications (dApps), and participate in innovative initiatives like the Build to Earn program. By delivering cutting-edge performance and sequencer-level security, Zircuit empowers developers to deploy Ethereum-compatible applications seamlessly and users to transact with confidence.

How Does Zircuit Work?

Zircuit leverages zero-knowledge rollup technology to enhance scalability and security. Its core mechanism revolves around two key actors: the Sequencer and the User.

Transactions and Sequencer Role:

Users submit signed transactions through APIs or RPC endpoints.

The Sequencer collects these transactions, processes them in batches, and validates their integrity using a specialized zero-knowledge (SNARK) circuit.

Proof Aggregation and Verification:

Zircuit’s proprietary proof aggregation technology divides complex circuits into smaller, fast parallel processes.

Once the circuit validates all transactions, it generates a validity proof that is submitted and verified on-chain, ensuring the integrity of the off-chain state updates.

Account State Updates:

A Merkle tree structure maintains account states on-chain, which gets updated only after the zero-knowledge proofs are verified.

By adopting this system, Zircuit achieves remarkable transaction speeds, significantly reduces costs, and guarantees security at every level.

What Sets Zircuit Apart:

Proprietary Proof Aggregation: Fast and efficient circuit decomposition ensures minimal latency.

Sequencer-Level Security: Zircuit goes beyond traditional application-level security by protecting the mempool from malicious transactions.

EVM Compatibility: Developers can deploy Ethereum dApps without additional development overhead, maintaining compatibility with existing tools like MetaMask and Hardhat.

Zircuit Founding Team

Zircuit is spearheaded by a team of web3 security veterans and distinguished academics, ensuring both technical excellence and visionary leadership.

Martin Derka (Co-Founder): A Senior Software Engineer at Quantstamp with a strong background in blockchain infrastructure. Holds degrees from Brock University and the University of Waterloo.

Jan Gorzny (Co-Founder): Former Head of L2 Scaling at Quantstamp. He brings expertise in algorithmic graph theory and philosophy, backed by a PhD from the University of Waterloo.

Dr. Z (Co-Founder & Technical Lead): The technical mastermind behind Zircuit, driving its innovative architecture and scalability solutions.

Krishna Sriram (Co-Founder): A Managing Director at Quantstamp and Co-Founder of Chainproof. A graduate of the University of British Columbia.

Angel X. (Co-Founder): Former Head of Ecosystem at Quantstamp and co-founder of Taker Protocol. He holds degrees from Columbia University and Barnard College.

This seasoned team combines academic rigor with industry expertise, positioning Zircuit as a leader in the blockchain ecosystem.

Zircuit Tokenomics

The Zircuit Token (ZRC) is the foundation of Zircuit’s ecosystem. It incentivizes collaboration, drives growth, and supports fair launches for network applications. The token aligns the interests of developers and users, fostering a vibrant and innovative community.

Key Token Details:

Total Supply: 10,000,000,000 ZRC

Allocation & Vesting:

21.00% Airdrop & Community Rewards:

13.08% Community Provisions: 1-year cliff, 24-month linear vesting.

17.93% Ecosystem Development: 1-year cliff, 24-month linear vesting.

18.70% Foundation: 1-year cliff, 24-month linear vesting.

18.74% Team: 1-year cliff, 24-month linear vesting.

10.55% Investors: 1-year cliff, 24-month linear vesting.

The ZRC token launch follows Zircuit’s notable achievements, including a $2 billion Total Value Locked (TVL) ecosystem, strategic investments from Binance Labs and Pantera, and the successful rollout of its Mainnet.

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