Prom Mainnet Goes Live: A Closer Look at Its Impact on Blockchain Efficiency

- Advertisement -

• Utilizing zero-knowledge proof technology, Prom optimizes transaction costs and throughput, offering a high-performance blockchain network.
• Prom network, in collaboration with Polygon and other industry leaders, aims to set high standards in performance and security.

Prom, a scalable network utilizing Polygon SDK, officially launched its mainnet on November 21, 2024. The mainnet debut follows a successful testnet phase which recorded over 25 million transactions and engaged more than 2 million unique wallets.

Prom’s mainnet utilizes zero-knowledge proof technology, a notable advancement in blockchain scalability, which enhances throughput, optimizes transaction costs, and bolsters security. This technology addresses the core challenges in modern networks related to speed, security, and user interaction, making it a pivotal enhancement over previous network architectures.

The Chief Operating Officer of Prom, Iva Wisher, expressed excitement about the new possibilities the mainnet opens up. 

“With the mainnet going live, we invite developers and users to leverage the enhanced capabilities of our network,” Wisher remarked. 

She emphasized the network’s focus on improving on-chain interaction efficiency and expanding its ecosystem.

Prom’s network benefits from partnerships with industry leaders like Polygon, DWF Labs, Ankr, Goldsky, Automata, and Blockscout. These collaborations have been crucial in upholding the highest standards of performance and security for the network. 

The network’s native token, $PROM, plays a central role by facilitating swift on-chain transactions and serving as the governance token for the Prom DAO. 

The decentralized autonomous organization model allows community members to influence the network’s future while also sharing in the network fees. $PROM is listed on several major exchanges, including Binance, HTX, KuCoin, Gate.io, Upbit, and AscendEx.

The launch of the Prom mainnet marks a significant milestone for developers as well. It provides a robust platform for creating decentralized applications (dApps), supported by a grant-based mechanism that aids in building and deploying applications. This setup aims to reduce barriers to entry for developers and fosters greater scalability and usability of blockchain applications.

For end-users, the mainnet promises lower transaction fees, enhanced security, and greater decentralization, contributing to a better user experience and broader adoption of blockchain technology.

Prom, established in 2019, has expanded rapidly across various sectors including GameFi, SocialFi, Influencer Marketing, and DeFi. By addressing critical gaps in these markets, Prom positions itself as a leader in fostering blockchain integration and adoption across diverse product sectors.

Media Contact:

• Max Kan
• CMO
• [email protected]