What is ZKFair (ZKF)?

ZKFair is essentially a ZK-Rollup layer-2, but it goes beyond the conventional to stand as the first ZK-Rollup based on Polygon CDK and Celestia DA. The project's uniqueness lies in its commitment to fairness, transparency, and community involvement. ZKFair addresses the prevailing issues of unfairness in existing ZK-Rollup projects by fostering a decentralized ecosystem where users have a direct say in governance and operations.

How ZKFair (ZKF) Works

ZKFair is a ZK-Rollup layer-2, which means it utilizes zero-knowledge proofs to bundle and process transactions off-chain, with the aim of enhancing efficiency and security in blockchain operations.

ZK-Rollup is like streamlined express lanes for transactions on the blockchain highway. Imagine you have a bunch of friends who want to share updates with each other, but everyone taking turns to write everything down in a shared notebook takes too much time. ZK-Rollup solves this by letting one friend summarize all the updates in a single note, proving that the information is accurate without revealing the details. This efficient friend is the "Rollup" part, and the magic lies in the "ZK" or Zero-Knowledge proof, which ensures trust without sharing every nitty-gritty detail. That’s how ZK-Rollup speeds up transactions on the blockchain, making things quicker, cheaper, and just as secure.

Reduction in Data Expansion and Gas Costs

ZKFair leverages Celestia's modular Data Availability (DA) to scale data, significantly reducing gas costs for users interacting with dApps within the ZKFair ecosystem. This integration enhances availability and reduces the overall cost for users engaging with distributed applications.

NCRC 2.0 Protocol for Atomic Cross-Rollup Communication

ZKFair implements the NCRC (Native Cross Rollup Communication) 2.0 protocol, a significant milestone in achieving atomic cross-rollup communication. This protocol, developed by Lumoz, enables users on ZKFair to directly call dApps on Ethereum, fostering interoperability between different second-layer networks. The introduction of NCRC 2.0 enhances cross-contract invocation, providing users with more extensive and powerful functionalities.

Decentralized Prover Network Powered by Lumoz

ZKFair's future roadmap includes the integration of a decentralized prover network, a testament to its commitment to decentralization. This network, powered by Lumoz, allows anyone in the community to run ZKFair, marking a shift towards complete decentralization. This move aims to address challenges associated with centralized provers, ensuring a more robust and secure ZK-Rollup ecosystem.

USDC as Gas Token

ZKFair distinguishes itself by utilizing stablecoin USDC as its native gas token. This strategic choice provides a secure and stable environment for users participating in DeFi transactions. USDC's stability, coupled with its wide adoption, contributes to improved liquidity and enhanced interoperability within the Ethereum ecosystem.

ZKF Token

ZKF, the native token of ZKFair, plays a central role in the project's ecosystem. With a fair launch, devoid of investors, reserves, or pre-mining tactics, ZKF tokens are airdropped to the community immediately after the mainnet launch. The distribution includes Gas Fee Airdrop and Community Airdrop to ensure fairness and inclusivity. ZKFair's innovative approach guarantees that 100% of L2 Gas Fee revenue is returned to the community after the circulation of ZKF tokens.