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Exploring ZKB Token: The Future of Decentralized Programmable ZKEVM Chain

2024-09-21 03:13:47

The ZKBase team officially announced its detailed product roadmap on May 9, 2024, marking significant progress in this GPU-based decentralized programmable ZKEVM chain. ZKBase's goal is to provide users with a stable and efficient decentralized platform to support a wide range of DApp development and smart contract execution. The following will introduce in detail the product planning, time planning and future development direction of ZKBase.


1. Product planning

Phase 1: Testnet (mid-to-late May) ZKBase plans to launch the testnet in late May 2024, which will be equipped with complete browser functions and a decentralized exchange (DEX). Users will be able to use test coins to fully experience these features, including:

ZKBase Explorer: Users can view on-chain information through a browser to enhance transparency and traceability.

ZKBase DEX: Provides a decentralized trading platform where users can freely trade various tokens.

Liquidity Pool: Provides users with the function of a liquidity pool to support more efficient transactions.

Phase 2: Public chain online (mid-June)

ZKBase’s public chain is expected to be launched in mid-June 2024, and will support the following functions:

Wallet adaptation: Users do not need to create an independent Layer 2 wallet. They only need to add network configuration to existing wallets such as MetaMask, which greatly facilitates the user experience.

Public chain browser: Supports various smart contract operation types, allowing users to easily interact with contracts.

In addition, ZKBase will also provide a full set of DEX functions, allowing users to conduct convenient transactions through ZKSwap. We plan to officially launch the mainnet around June 12th, and update the logo and UI of social media at the same time to coordinate with the launch of the new ZKBase chain.


ZKMarket (decentralized computing power market)

ZKBase will also create an open decentralized computing power market, aiming to encourage more computing power providers to participate in mining. This platform will establish an open and free communication environment between computing power providers and demanders. Through this method, it not only provides a new model for the transaction of computing resources, but also ensures the transparency, security and automation of the transaction.

Functions to be planned include more DApps. These functions are still in the planning stage, and the specific launch time is to be determined.


2. Time planning

ZKBase’s time plan is divided into several stages: Testnet development: From April 15 to May 31, 2024, product design and development work will be completed to ensure that the testnet will be online around May 21.

Testnet operation and mainnet preparation: From June 1st to June 15th, testnet operation and mainnet preparation will be carried out.

Mainnet release: It is expected to be officially released in mid-June 2024.

This detailed timeline provides users and developers with clear expectations to ensure smooth progress at every stage.


3. Future plans

ZKBase’s future plans will revolve around technology improvement, community building, partnerships and promotion and marketing.

Technology improvement: The ZKBase team will continue to study the development of Ethereum’s second-layer chain technology to ensure that the technology is followed up and updated. This will help improve the performance and security of the platform, allowing users to enjoy better services.

Integration assistance: In order to encourage developers to quickly build and deploy applications based on ZKBase, ZKBase will provide comprehensive support. This includes technical documentation, development tools and community support to help developers get started faster.


community building

ZKBase will be committed to building a developer community for technical support and resource sharing to promote cooperation and exchanges. By holding online and offline activities, ZKBase hopes to attract more developers to participate in this ecosystem.

Partnership: ZKBase plans to establish cooperation with projects and enterprises within the Ethereum ecosystem to expand cross-chain cooperation and enrich the blockchain ecosystem. Through cooperation with other projects, ZKBase will be able to better integrate resources and achieve mutual benefit and win-win results.

Promotion and Marketing: ZKBase will launch comprehensive promotion activities to educate users and developers about the advantages and application scenarios of ZKBase technology to promote its widespread adoption. This will include online promotions, community activities and cooperation with the media to ensure that ZKBase’s visibility continues to increase.


Conclusion

As a decentralized programmable ZKEVM chain, ZKBase shows broad prospects with its unique technical advantages and clear development plan. With the gradual launch of the test network and main network, ZKBase will provide users with a more stable and efficient decentralized platform to support the development of various DApps and the execution of smart contracts. In the future, ZKBase will not only become an important participant in the blockchain field, but also lead the development trend of decentralized technology.

Disclaimer:

1. The information does not constitute investment advice, and investors should make independent decisions and bear the risks themselves

2. The copyright of this article belongs to the original author, and it only represents the author's own views, not the views or positions of HiBT