KuCoin Launches ZKT’s World Premiere and Takes Part in zkTube Layer2 Mining
October 26 2021 - 05:01AM
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zkTube is the world’s first Layer 2 mining protocol based on
ZK-Rollup technology. Starting from 2020, in Melbourne-Australia,
the company has achieved several significant milestones, bringing
ease for users on the Ethereum network. Now, zkTube is logged into
the top 5 KuCoin, one of the top cryptocurrency exchanges globally.
This listing will significantly increase the liquidity and raise
the miner’s enthusiasm for zkTube and ZKT. zkTube utilizes
zero-knowledge proof to enhance scalability on Layer 2, turning out
to be the best scaling solution for Ethereum L2. zkTube is
gathering a lot of attention globally due to its potential to solve
problems such as network congestion, data availability, privacy,
capacity expansion, etc. Achievements of zkTube Labs Since its
initiation, zkTube has achieved several notable technical and
operational milestones. Some of the significant achievement
highlights are as follows. zkTube established a strategic
partnership with Mixin Network to benefit from its multi-chain
network ecosystem and wallet service and provide a secure and
scalable blockchain infrastructure. zkTube joined the Enterprise
Ethereum Alliance (EEA). Vitalik Buterin believes in the important
role of EEA, which made zkTube become its member to accelerate the
advancement of the Ethereum ecosystem. zkTube has collaborated with
Golden Mining Holdings to deploy its large mining pool in Canada
with an investment of $24 Million. zkTube provides the underlying
technology for the mining pool. It received strong support from the
local government of Quebec, Canada. zkTube’s network wallet PayTube
Wallet is launched. It is a web3.0 application that is dedicated to
improving financial ecology. It is an open-source wallet that
supports more than 40 different cryptocurrencies ensuring secure
and swift transactions. zkTube mainnet is officially launched. It
combined zero-knowledge proof and chip-computing to provide a
highly secure operating environment against hackers. zkTube aims to
reduce gas prices on Ethereum by 99% so users can enjoy low cost
and high performance on the Ethereum network. zkTube sponsored
ETHOnline, the biggest Ethereum event of the year, a global
hackathon that is devoted to celebrating what can be possible on
Ethereum. zkTube has announced the distribution of rewards for
early events with ZKTC and ZKTT swap to ZKTR. The team of zkTube
Lab’s team is focused on this milestone. zkTube is among the
sponsors of the Blockchain Life 2021 event going to be held in
Moscow on October 26, 2021. It is one of the biggest and most
important forums on Blockchain and cryptocurrencies in the world.
zkTube will become a part of the Russian market with an increased
global appearance. zkTube has recently launched its Global
Navigation Plan that aims to recruit community co-builders across
the world. It will significantly increase the global influence of
zkTube, and users will earn lots of rewards and benefits. zkTube is
getting massive support from many countries across the globe.
People are increasingly joining zkTube, considering its unique
features and bright future. zkTube has a community of more than
75,000 members altogether across different online platforms such as
Twitter, Telegram, Reddit, Discord, etc. zkTube has also started
listing on major exchanges such as CoinMarketCap, and CoinGecko to
increase its credibility among its members and attract miners.
There are several other upcoming events that represent the devotion
of zkTube to bring solutions for problems on the Ethereum network
and thereby make it convenient for crypto users to enjoy the
potential of blockchain technology fully. zkTube logs into the top
5 KuCoin zkTube logs into the top 5 KuCoin. This listing will be
very beneficial for zkTube as it will increase liquidity, and you
can easily trade with active members of a large trading community.
The credibility of zkTube and ZKT tokens will also significantly
increase. People’s trust in zkTube will also attract the miners to
join zkTube and take advantage of its features. High performance
and security are crucial in the blockchain industry. zkTube,
through KuCoin listing, ensures a protected and high-performance
environment where miners and investors can enjoy a hassle-free
experience. As zkTube is now listed on the exchange, it is time to
buy ZKT tokens. Because the price will increase with increased
adoption of the token. Considering the current rising interest of
users and miners in zkTube, it is evident that zkTube will be a
good value appreciation point. About KuCoin KuCoin is one of the
most advanced and secure cryptocurrency exchanges. It is one of the
best options for cryptocurrency traders to take advantage of low
fees and a wide range of coins. KuCoin is among the platforms that
offer the lowest trading fees in the market. It does not charge any
monthly account fee. Users have to pay a fee to deposit fiat money
that depends on how you transfer cash, but it is free to deposit
cryptos. The highest fee of 0.1% is lower than many cryptocurrency
exchanges out there. It is said that 1 out of 4 crypto holders use
KuCoin. It allows staking, crypto loans, and margin trading to
enable users to earn interest with their assets. It also offers
trading bots through its mobile application that can help you
automatically buy and sell cryptocurrencies. It offers some
educational resources to educate users. KuCoin offers high security
by storing users’ assets offline in cold storage, which is hard to
get hacked. zkTube-A strong ecology on Layer 2 is rapidly evolving
zkTube is an Australian project that is the best scaling solution
on Ethereum Layer 2. It utilizes the ZK-Rollup technology and PLONK
algorithms to ensure swift and reduced cost transactions.
ZK-Rollups run computation off-chain to reduce the workload
on-chain. zkTube genuinely understands the need for improved
scalability on the Ethereum network, therefore enhancing it by
transferring batch transmission to a single transaction. zkTube
enables its users to enjoy a high throughput of 3,000+ TPS on Layer
2. zkTube reduces gas prices by 99% through its consensus
mechanism. Using SNARK proof, it takes only 10 minutes for a
transaction from submission to complete verification. This platform
is the most preferred platform among users and miners because of
its strong security, 100% at Ethereum mainnet level. zkTube
provides suitable infrastructure for GameFi and Metaverse projects
zkTube supports the advancement in the GameFi and NFTs industries
both financially and technologically. It established a joint Seed
Incubation Fund with ONEUNI Capital worth $10 million to empower
developers to use their creativity to create excellent GameFi
projects. zkTube Labs’ team believes in the future of GameFi, and
NFT that’s working to overcome problems faced by these sectors.
zkTube is also planning to build a GameFi Layer 2 ecosystem that
can be easily accessible from any part of the world. Developers
consider zkTube an excellent platform for GameFi and Metaverse
projects because of its high network performance and low
transaction costs. zkTube also offers significant advantages in
implementing metaverse by providing low gas prices. It provides a
digital place where users can interact and participate in
entertainment activities such as playing games, building digital
houses, etc. In metaverse, users undergo transactions for buying
and selling digital items. Because of network congestion, the gas
price becomes so high. Here zkTube provides an enhanced metaverse
experience while saving a lot of costs. PayTube Wallet supports
various protocols in Layer 2 zkTube offers a PayTube Wallet to
enrich the ecosystem by supporting protocols in Layer 2. PayTube
wallet is the zkTube network’s wallet that is based on the zkTube
protocol. It is an open-source wallet that provides one-stop
decentralized financial solutions to users and is attracting more
users by offering easy interaction with the blockchain. It offers
high-level security by enabling multi-factor security via private
keys, multiple signatures, biometric authentication, PINs, etc. It
offers highly transparent and trustless transactions. PayTube
wallet supports 3,000 different digital assets. It supports swift
and cheap cross-border transactions via Visa and MasterCard.
PayTube Wallet also supports DeFi, NFTs, Metaverse, financial
services such as DEX, payments, insurance, games, and many more
with just one click. Recently CyberKongz, AmeegosOfficial, KILLAz
NFT, and CHOJO CryptoGirlsArena are connected to PayTube wallet.
Similarly, RiotRacers, OxAdventure, Avastars, CryptoDynasty, and
MoonCatRescure are connected to the PayTube Wallet. The ecosystem
of zkTube is becoming stronger. zkTube is also planning to make its
ecology more diverse and prosperous in the future by adding more
Dapps. zkTube is open to its community zkTube believes in
maintaining a good relationship with its community. Therefore, team
members always make sure to interact with the community and answer
their questions. They use several methods to communicate with their
audience, and their relationship with the community is the reason
for zkTube prosperity and the trust of people in them. Recently
zkTube has several global AMA series to let the audience know about
them. During these sessions, zkTube offered rewards for lucky
winners as well. zkTube has been working from day one to offer its
users technological advantages in the blockchain ecosystem. It will
continue to cultivate the layer 2 field by supporting technical
advancements in different fields. zkTube is also planning to expand
its network across different countries such as America, Canada,
Russia, Dubai, etc. Users are highly appreciating the continuous
and excellent progress of zkTube. Soon zkTube will achieve its goal
of becoming one of the most viable technologies to promote
blockchain adoption. Stay tuned!
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