PROM

Prom price
PROM

$5.48  

7.59% (1d)

Prom to USD Chart

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Prom statistics
Market cap
 

7.59%

$100,014,101
#343
Volume (24h)
 

74.70%

$2,038,797
#760
Volume/Market cap (24h)
 
2.04%
Circulating supply
 
18,250,000 PROM
Total supply
 
19,250,000 PROM
Max. supply
 
--
Fully diluted market cap
 
$105,494,326
PROM to USD converter
PROM
USD
Price performance
24h 
Low
$5.06
High
$5.55
All-time high
Apr 30, 2021 (3 years ago)
$106.12
-94.84%
All-time low
Nov 08, 2019 (5 years ago)
$0.1005
+5353.34%
See historical data


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Prom community

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Prom Markets

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About Prom

What is Prom (PROM)?

Prom represents an advanced Layer 2 solution designed to enhance the interoperability and efficiency of blockchain networks. By bridging multiple Layer 1 (L1) networks, it addresses some of the most pressing challenges in the blockchain space, including scalability, speed, and cross-chain communication. This technology is particularly significant for its ability to connect both Ethereum Virtual Machine (EVM) and non-EVM compatible chains, thereby broadening its applicability and utility across different blockchain ecosystems.

At its core, Prom leverages zero-knowledge proofs, specifically zkSNARKs, to ensure transactions are not only fast but also secure and private. This technology allows for the verification of transactions without revealing any sensitive information, thereby maintaining privacy and security. Furthermore, by submitting proof of transactions to additional chains atop the chosen settlement chain, Prom effectively builds bridges between disparate blockchain ecosystems, facilitating seamless asset and data transfer.

The native token of the Prom ecosystem, PROM, plays a crucial role in maintaining and operating the network. It is used as gas for transactions and smart contract interactions, ensuring that operations are executed smoothly and efficiently. Additionally, PROM serves as a governance token, giving holders the right to participate in decision-making processes that shape the network's future. This includes proposals and voting on upgrades or changes within the Prom ecosystem. The token also incentivizes users to contribute to the network, whether through setting up nodes, participating in governance, or engaging with various services offered within the Prom ecosystem.

Prom's commitment to high-speed transactions, robust security inherited from Ethereum's Layer 2, and EVM compatibility makes it a noteworthy solution for developers and users seeking enhanced efficiency and scalability in blockchain operations. Its multichain support ensures a high level of decentralization and uptime, making it a valuable tool for building more interconnected and efficient blockchain networks.

How is Prom (PROM) secured?

How will Prom (PROM) be used?

What key events have there been for Prom (PROM)?

Who are the founders of Prom?

 
 
 
 
 
 

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