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Zero-knowledge proofs (ZKPs) and ZK Rollups are gaining attention for their potential to revolutionize blockchain scalability and match traditional financial systems. NovaNet is leveraging ZKPs to enhance stablecoin markets, aiming to provide fast, efficient, and client-side solutions. The company is also exploring modular ZKP layers that operate across chains, supported by Arrington Capital. NovaNet aims for the best of both worlds by securing certain ZKP network operations with cryptoeconomic incentives without needing a new blockchain. Additionally, NovaNet's efforts include using ZKPs to trigger USDC payments, as highlighted in an article by Corey Cooper.
Great to read @corey__cooper's awesome article, "Triggering USDC Payments through Zero-Knowledge Proofs" https://t.co/atnjJ6qrm5 Using ZKPs to add functionality to stablecoins is part of our mission at @NovaNet_zkp - if that's of interest let me know! https://t.co/1Qn6Npivcs
A truly modular ZKP layer operating across chains. We are thrilled to be supporting @NovaNet_zkp! Give a read through this thread to find out what they are up to. https://t.co/io902jFIqJ
Stablecoin markets can use a boost from fast, efficient, and client-side ZKPs. We're on it! https://t.co/1Qn6NphXmU