Hyper scalable architecture
Zephyr achieves high transaction throughput and linear scalability by adopting a parallel processing approach. The blockchain state is sharded into multiple partitions, each managed by a dynamic set of validator nodes. Cross-shard communication is enabled through an open zero-knowledge messaging layer.
Private and User-focused
User experience is not just bells and whistles. We are building the Web3 user experience from scratch - starting from the privacy that's play nice with the compliance, continuing with eliminating gas for the users and finishing with native account abstraction and access control, which allows for customizable and secure interaction flows.
Cutting edge zero-knowledge cryptography
Cryptography is the core of what we do. It allows building unique user experience, eliminate the excessive computational and space costs of decentralization and provides strong security guarantees. We are based on a modern Incremental Verifiable Computation Scheme which is post-quantum secure.
Zephyr zkVM
Zephyr aim to be VM agnostic. Thus, we are automating the circuit creation and are supporting EVM and WASM VMs as our core projects. As we are building a more generalized form of global super-computer, more virtual machines will be supported. The key goal of the project is to be 100% Solidity compatible so that the existing projects could deploy in 1 click.
A Paradigm Shift Distributed Apps
The current paradigm of building distributed apps on the blockchain is suboptimal. App developers often employ blockchain consensus, even when unanimous agreement between parties is possible. Zephyr offers a first-of-a-kind dynamic security allocation that is steerable by the developer.
Selective Private States
Fully homomorphic encryption is a holy grail of cloud computing and next generation AI. Lattice-based cryptography Zephyr is based on not only allows unprecedented level of security, but also allows us to utilize selective private states. This empowers AI developers and corporate clients who require an advanced level of privacy. Users are benefiting from a high level of privacy, which is another promise digital ledgers yet to deliver.
Developer Experience First
Our Software Developer Kit allows deploying existing apps in one click. It is also highly-customizable and plug-in friendly.
Resilent Architecture
We understand that decentralization client diversity is a cornerstone of long-term blockchain success. As such, no component of the architecture is centralized or permissioned. Zephyr Foundation is dedicated to bring the most robust and resilient architecture to the market. To achieve that, we have a long-term Grant program to enhance client diversity and security.
Powerfull Community
In our mission to advance digital ledger state of the art, we aim to build a striving community of the blockchain engineers and entrepreneurs that will empower member's growth and interconnection. Subscribe to get to know us better and participate in a series of life-transforming events and conferences.
When the test net will be launched?
TestNet 1 launch is scheduled on Q4 2024.
Can I deploy existing Solidity code on Zephyr?
Our goal is 100% Solidity compatibility. Thus, existing apps and protocols should be able to deploy in one click. If you need any help with more advanced Zephyr features - we are here to help.
What is ZPR token and its utility?
ZPR is the native token of the Zephyr L1 ledger. It serves several key functions within the Zephyr ecosystem:
Governance: ZPR token holders can participate in on-chain governance, voting on protocol upgrades, parameter changes, and funding decisions. This allows the community to shape the future direction of the platform.
Staking Rewards: Users can stake their ZPR tokens to help secure the network and earn staking rewards in return. The more ZPR staked, the higher the rewards, incentivizing long-term holding and participation.
Transaction Fees: ZPR is used to pay transaction fees on the Zephyr network. As adoption of the platform grows, demand for ZPR to power transactions is expected to increase, potentially driving token value appreciation.
Ecosystem Access: Holding ZPR grants access to exclusive features, services, and opportunities within the growing Zephyr ecosystem. This includes early access to new projects, token sales, and premium tools for developers and users.
Value Accrual: As the Zeppelin platform attracts more users, developers, and economic activity, the value of the ZPR token is designed to grow, benefiting holders. Tokenomic measures like buybacks and burns can further drive value.
Cross-Chain Utility: Through bridges and integrations, ZPR can be used across multiple blockchains, enabling seamless cross-chain transactions and expanding its potential use cases.
ZPR ERC20 token is minted on Ethereum main net and will be composable with the ZPR on Zephyr for at least 2 years.
What is zUSD?
zUSD is the native decentralized stablecoin of the Zephyr ecosystem, designed to maintain a stable value pegged to the US Dollar. It is an algorithmic stablecoin that aims to offer the benefits of decentralization and stability without the drawbacks of existing models. Key features of zUSD:
Algorithmic Stability: zUSD utilizes an advanced algorithmic stability mechanism to maintain its peg to the US Dollar. This algorithm adjusts the supply of zUSD based on market conditions and incentives, ensuring stability without relying on over-collateralization.
Capital Efficiency: Unlike some stablecoin models that require significant over-collateralization, zUSD maintains stability with a lower collateralization ratio. This frees up capital for more productive uses and improves efficiency.
Multi-Asset Collateral: zUSD can be minted using a diverse basket of crypto assets as collateral, not just ZPR. This diversification enhances stability and reduces reliance on any single asset.Automatic Rebalancing: The zUSD algorithm automatically rebalances collateral ratios and adjusts incentives to maintain stability. This reduces the risk of undercollateralization and liquidation spirals.
Decentralized Governance: The zUSD stability mechanism is governed by the Zephyr community through the ZPR token. Holders can vote on parameter adjustments, collateral types, and upgrades to ensure the system remains responsive and resilient.
Scalability: Built on the high-performance Zephyr L1 blockchain, zUSD can support large-scale adoption and high transaction volumes without compromising stability or security.
Ecosystem Integration: zUSD serves as a stable medium of exchange within the growing Zephyr DeFi ecosystem. It can be used for lending, borrowing, trading, and more, unlocking a wide range of use cases.