Zero

What is ZERO Network?

ZERO Network is a gasless Ethereum Layer 2 (L2) rollup developed by Zerion, designed to make onchain interactions seamless and cost-free. Built using the ZK Stack, ZERO Network enables users to perform transactions such as trading, minting NFTs, and bridging assets without incurring gas fees, particularly when using the Zerion Wallet. This approach aims to provide a Web2-like user experience while maintaining the security and decentralization of blockchain technology.

ZK Stack Architecture

ZERO Network leverages the ZK Stack, a modular framework for building zero-knowledge rollups. This architecture allows for high scalability and security by utilizing zero-knowledge proofs to validate transactions off-chain before finalizing them on the Ethereum mainnet. The integration of the ZK Stack ensures that ZERO Network can offer fast and efficient transactions while preserving the integrity of the blockchain.

Gasless Transactions via Paymaster

A key feature of ZERO Network is its custom paymaster system, which covers transaction fees on behalf of users. This mechanism enables dApp developers to create applications where users can interact without worrying about gas costs, thereby lowering the barrier to entry for blockchain adoption. The paymaster is particularly beneficial for users of the Zerion Wallet, offering a smooth and cost-free onchain experience.

EVM Compatibility and Developer Tools

ZERO Network is fully Ethereum Virtual Machine (EVM) compatible, allowing developers to deploy smart contracts using familiar tools and languages such as Solidity. This compatibility ensures that existing Ethereum-based dApps can be easily ported to ZERO Network, facilitating a broader ecosystem of applications that benefit from gasless transactions.

Integration with Cryptoworth

ZERO Network integrates with Cryptoworth, a platform that provides financial clarity for digital asset accounting workflows. This integration allows accountants and financial controllers to efficiently track and report on transactions conducted within ZERO Network. By leveraging Cryptoworth's tools, users can ensure accurate financial reporting and compliance with relevant accounting standards.

Native Token

As of now, ZERO Network does not have a native token. Transactions on the network are designed to be gasless, removing the need for a native utility token to pay for transaction fees.

Main Features

 
• Gasless Transactions: Users can perform transactions without incurring gas fees, enhancing user experience and accessibility.
 
• ZK Stack Integration: Utilizes zero-knowledge proofs for secure and scalable transaction validation.
 
• EVM Compatibility: Supports Ethereum-based smart contracts and development tools.
 
• Custom Paymaster System: Covers transaction fees on behalf of users, simplifying the onboarding process.
 
• Cryptoworth Integration: Facilitates accurate financial reporting and compliance for digital asset transactions.

Developer Experience

 
• Smart Contract Deployment: Developers can deploy contracts using Solidity, benefiting from existing Ethereum development knowledge.
 
• Tooling Support: Compatible with popular Ethereum development tools, streamlining the development process.
 
• Seamless Migration: Existing Ethereum dApps can be easily migrated to ZERO Network to take advantage of gasless transactions.

User Experience

 
• No Gas Fees: Eliminates the need for users to hold ETH for transaction fees.
 
• Enhanced Accessibility: Lowers barriers to entry for new users unfamiliar with blockchain transaction fees.
 
• Integrated with Zerion Wallet: Offers a cohesive and user-friendly interface for managing assets and interacting with dApps.

For more information, visit the ZERO Network website.