Prom Launches Mainnet, Boosting Blockchain Scalability and High Performance

Following a comprehensive testnet campaign that saw over 25,000,000 transactions and 2,000,000 unique wallets engage with a chain, Prom, a scalable network that is built on Polygon SDK, made the announcement today that it has launched its mainnet. Because Prom utilizes zero-knowledge proof technology to enable greater throughput, decreased transaction costs, and better security, this milestone represents a step forward in the scalability of blockchain technology.

Through the use of ZK-based architecture, which has not been widely used up until this point owing to the intricacy of the technology involved, Prom’s solution tackles the most common issues that are associated with current networks. By ensuring the required speed, degree of security, and smooth interaction with the chain, its design reduces the amount of friction that users experience and provides developers with a versatile framework that can be used to develop a wide variety of decentralized applications (dApps).

Iva Wisher, COO of Prom stated:

“We’re thrilled to open a new chapter for Prom and streamline the expansion of our ecosystem by welcoming developers and users to interact with the chain. We’re committed to constant efficiency improvement, transmitting scalability and convenience of everyday on-chain actions, and we are looking forward to welcoming a wave of products built on our network.”

For the purpose of ensuring the best possible levels of both performance and security, the Prom network was built in conjunction with industry experts such as Polygon, DWF Labs, Ankr, Goldsky, Automata, and Blockscout.

In order to power the Prom network, the native network token, $PROM, is being used. $PROM is the governance token for the Prom Decentralized Autonomous Organization (DAO), and it is listed on Binance, HTX, KuCoin, Gate.io, Upbit, and AscendEx. It is also responsible for facilitating quick on-chain interactions. By using this governance approach that is governed by the community, users are given the ability to contribute to the development of the Prom ecosystem while also receiving a portion of the overall network fees being collected.

Developers who are looking for a platform to build decentralized apps (dApps) now have access to new opportunities thanks to the introduction of the mainnet. In the event that a grant-based support mechanism is put into place, developers will be able to leverage Prom’s platform as an optimal environment to simply build and deploy, which will unleash more product scalability and reduce the barriers to entry for development. Users are guaranteed to experience reduced transaction costs, increased decentralization, and robust security because of the technology developed by Prom.

Since its founding in 2019, Prom has had tremendous groeth, introducing a wide range of new solutions in the GameFi, SocialFi, Influencer Marketing, DeFi, and other areas. With the introduction of its own solution to conveniently combine numerous product sectors, Prom intends to solve crucial shortages in a number of different markets, therefore establishing a standard for capturing a significant portion of the market.

Prom establishes a competitive landscape with the purpose of accelerating the use of blockchain technology, boosting network security, decentralization, and efficiency.