🪙 What is $ZK Coin?
“$ZK Coin” usually refers to the native token of the zkSync ecosystem (ticker: ZK) — a Layer-2 scaling solution built on Ethereum. Zero-knowledge (ZK) technology helps make Ethereum transactions faster and cheaper by processing them off-chain and then validating them securely on-chain. �
CoinGecko
• The ZK token is used for paying fees, staking, and participating in governance within the zkSync network. �
• zkSync aims to support DeFi, NFTs, and other apps with higher scalability and lower cost than Ethereum mainnet. �
cointr.com
CoinGecko
Note: There’s also ZKC (from other ZK proof ecosystems like Boundless), another coin using similar zero-knowledge tech — but the most commonly referenced is zkSync’s ZK token. �
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