Not just simple ZK+WASM--Gate's tremendous benefits support the launch of ZKWASM


Written in advance:
My first encounter with Zkwasm was through Gate's latest launchpool and Alpha activities. Initially, like many others, I thought it was just a simple combination of zero-knowledge proofs and a virtual machine. However, after delving deeper, I found that Zkwasm is truly different.

👫is ZK+WASM: ZKWASM is the world's first open-source virtual machine that supports generating zero-knowledge proofs for WebAssembly (WASM). Some may ask, isn't it just ZK+WASM? It can indeed be said so, because it truly combines the core technical advantages of both and integrates them:
✅Implemented and developed the zero-knowledge proof of the ZK public chain: proving the correctness of the computation to the verifier without revealing the computational details, and the verifier (such as nodes in the blockchain network) only needs to check the ZK proof without re-executing the computation, ensuring the correctness and credibility of the computational results.
✅Inherits the characteristics of the WASM virtual machine, supports compilation in multiple languages including C, C++, and Rust, greatly lowering the barrier for Web2 developers to enter Web3.
✅Combine both: ZKWASM achieves trusted execution and privacy protection by integrating ZKSNARK at the WASM virtual machine layer.
✅Trust Minimization: By writing the entire WASM runtime into the ZKSNARK proof circuit, anyone can verify the execution trace, ensuring that the computation results have not been tampered with.

👪 is not just a simple addition:
Some viewers may say, how can you be so self-contradictory? It's not really the case. Zkwasm not only combines the characteristics of ZK public chains and WASM virtual machines, but also has its own new breakthroughs:
✅Supports multi-chain interoperability: Developed based on the Substrate framework, it natively has cross-chain communication capabilities, showing great potential in areas such as cross-chain asset transfer and cross-chain gaming.
✅High-performance isolation: By utilizing circuit optimization and layered verification mechanisms, the heavy computation load is placed off-chain, with only concise zero-knowledge proofs retained on-chain.
✅ Off-chain execution, on-chain verification: The program execution and proof generation are completed off-chain, and the generated zkSNARK proof is quickly verified on the blockchain, enhancing the scalability of the blockchain. This is particularly important for scaling solutions such as Rollup and Layer 2 solutions.

🙋Token Economic Model:
The total supply of Zkwasm tokens is fixed at 1 billion, and currently, the circulating supply is only 7.85%. The specific distribution of the tokens is as follows:
--Testnet Incentives: Approximately 3%, used to reward node validation contributions.
     --Team and Advisors: Approximately 15% allocation, using a 4-year linear unlock and 1-year cliff mechanism.
--Ecological Incentive Pool: About 40%, used for governance rewards, community incentives, and partner support.
--Investor allocation: approximately 20%, covering multiple early-stage institutions.
--Public Sale and Liquidity: Approximately 22%, released through IDO/IFO methods to ensure market liquidity.
Token Use:
      ✅  Payment for zero-knowledge proofs and rollup deployment costs
      ✅Community and Governance Voting
      ✅Staking Mining Rewards
Through the above, it is not difficult to see that the biggest advantage of the zkwasm token is its low circulation rate, and the scarcity of chips may bring about a round of speculation in the secondary market. In addition, its economic model has the following highlights:
      ✅Closed-loop incentive system
Tokens form a positive cycle through "calculation payment → node rewards → ecological construction → demand growth", for example:
Developers pay ZKWASM to invoke the virtual machine → Token inflow to nodes and stakers → Incentivize more applications to connect
      ✅Dynamic Deflation Mechanism
A portion of the transaction fees and cross-chain bridging fees are used for token burning, offsetting the inflation pressure brought by ecological incentives.
     ✅Layered Unlocking Strategy
Institution and team tokens adopt a long-term unlocking period (up to 4 years), avoiding concentrated sell-off impacts on the market.
Summary: The economic model with low circulation rate, sound market value management, and strong deflationary mechanism, combined with a wealth of future application scenarios, makes the price of Zkwasm seem to have great potential. There is reason to be bullish in the long term, as it might become a golden shovel in the ZK track.

🙋The future development direction--diversified application scenarios bring appreciation potential
The ZKWASM ecosystem is accelerating its expansion in multiple directions -- Defi, Gamefi, Socialfi, AI, complex application migration from Web2 to Web3, privacy-preserving identity authentication systems, supply chain traceability, etc.

💡How to profit through Zkwasm--Join Gate to participate in the launchpool🔥🔥🔥🔥
Recently, the price of Zkwasm has been relatively stable. If you want to make a big profit, come and check out the three major activities launched by Gate: Launchpool subscription, CandyDrop airdrop, and Alpha exclusive trading, with a total prize pool reaching 2 million Zkwasm. Details are as follows:
Launchpool activity entrance: https://www.gate.com/announcements/article/46208
CandyDrop Rake Guide: https://www.gate.com/announcements/article/46245
Alpha activity link: https://www.gate.com/announcements/article/46236
I want to emphasize the launchpool here. If you are a beginner, I recommend you choose the launchpool activities and stake USDT/Zkwasm to obtain stable returns. If you want to earn safely, it is advisable to stake USDT. If you are optimistic about the future prospects of Zkwasm, you can also stake it, as the returns are high, and you earn every hour. It's a guaranteed way to make money while lying down. I wouldn't believe such a good deal if it wasn't on a major platform like Gate!
#创作者活动第二期# #ZKWASM#
ZK0.72%
ZKWASM0.93%
DEFI19.31%
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Ybaservip
· 35m ago
Hold on tight 💪
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GateUser-68291371vip
· 07-27 21:10
Jump in 🚀
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XiaoxiaoOnlyLooksAtTvip
· 07-27 14:38
Get in the car! 🚗
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CoinCircleInsightsvip
· 07-27 11:11
Just go for it💪
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LittleGodOfWealthPlutusvip
· 07-27 07:31
fam, please give a thumbs up, randomly draw 5 people to win a prize
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