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zkVerify

Crypto
Crypto
Ticker: VFY
VFY

Price

Price

CHART BY

Fundamentals

Rank 
#1874
Market Cap 
$6.97M

Circulating Supply

306,194,144.00
30.62%
Max Supply 
1,000,000,000.00

Frequently asked questions

What is the rank of zkVerify by market capitalization?

zkVerify holds the #1874 position among cryptocurrencies based on market capitalization. This ranking reflects the relative size and significance of zkVerify compared to other digital assets in the crypto market.

What is the market capitalization of zkVerify?

The market capitalization of zkVerify is $6.97M. Market cap is calculated by multiplying the current price per coin by the number of coins in circulation.

How many zkVerify are there?

The circulating supply of zkVerify is 306,194,144.00, which is 30.62% of its maximum supply. This figure represents the number of coins that are currently available and can actively be traded in the market.

What is the maximum supply of zkVerify?

The maximum supply of zkVerify is 1,000,000,000.00 coins. This is the total number of coins that will ever be created, serving to limit inflation and ensure scarcity.

How much of zkVerify's maximum supply is already in circulation?

Currently, 30.62% of zkVerify's maximum supply is in circulation, amounting to 1,000,000,000.00 coins. This indicates how close zkVerify is to reaching its maximum supply limit.

Pricing

1D span
$0.0227$0.0249
52W span
$0.0234$0.162

Information

Zero-knowledge proofs are crucial for enhancing scalability and privacy by allowing computations to be verified without revealing the underlying data. However, verifying these proofs, especially on chains like Ethereum, is often computationally intensive, slow, and prohibitively expensive. This bottleneck limits the adoption of ZK-powered applications, from privacy-preserving DeFi to scalable rollups and verifiable AI. zkVerify is a high-performance, public, and decentralized Layer 1 blockchain specifically designed for zero-knowledge (ZK) proof verification. It is the universal proof verification layer for real-world, practical applications across the Internet. zkVerify uniquely blends universal compatibility with simplicity and performance, ensuring that as our digital lives grow more complex, keeping them secure becomes easier. It allows other blockchain networks, particularly Layer 2 solutions and dApps utilizing ZK-rollups, to offload the heavy and expensive process of ZK proof verification. This significantly reduces computational burden, lowers transaction costs, and enables faster, more efficient operations across the Web3 ecosystem. Essentially, zkVerify acts as a "one-stop-shop" for all ZKP verification needs, simplifying development and unlocking new use cases. Developers can plug into zkVerify to verify a wide range of proof systems without complex custom logic, accelerating innovation and adoption in the ZK ecosystem.

Identifier

Primary Ticker
VFY

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