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!