Summary
Polyhedra Network uses zero-knowledge proofs for security and scalability. The zkBridge protocol enables interoperability between networks and has facilitated over 20 million cross-chain transactions. Funds raised will be used for global expansion and hiring.
Key Points
1. Polyhedra Network utilizes zero-knowledge proofs to enhance security and scalability in its products, ensuring user privacy and data protection.
2. The zkBridge protocol enables seamless interoperability between different blockchain networks, facilitating secure cross-chain transactions and validating sender chain consensus using unforgeable zero-knowledge proofs.
3. The company’s recent fundraising round will support its global expansion efforts and hiring initiatives, marking its fifth successful financing round in the past two years.