Audience
Blockchain developers wanting a Layer 2 solution for their secure, low-cost and usable token transfers
About Hermez
Hermez is an open-source ZK-Rollup optimized for secure, low-cost and usable token transfers on the wings of Ethereum. Hermez seamlessly integrates into the fabric of the Ethereum ecosystem and enables low-cost token transfers for an inclusive economy. Cost-efficient token transfers and swaps with high throughput. Decentralized and open-source architecture. Computational integrity for secure transactions. By using zero-knowledge technology, transfer costs are significantly reduced, allowing more accessible financial services for mainstream adoption. Computational integrity and on-chain data availability are guaranteed by zero-knowledge-proof technology while preserving the public blockchain properties of Ethereum. Hermez's mission is to create an inclusive, resilient and highly efficient payment network for the next generation of digital currencies to ensure everyone has the freedom to transact.
Other Popular Alternatives & Related Software
Loopring
Loopring is an open protocol for building scalable non-custodial exchanges on Ethereum. Leveraging zero-knowledge proofs (zkRollup), it allows for high performance trading (high throughput, low settlement cost), without sacrificing Ethereum-level security guarantees. Users always maintain 100% control of their assets throughout the trade lifecycle. You can trade on Loopring to test it out. Loopring is an open-sourced, audited, and non-custodial exchange protocol, which means nobody in the Loopring ecosystem needs to trust others. Cryptoassets are always under users' own control, with 100% Ethereum-level security guarantees. Loopring powers highly scalable decentralized exchanges by batch-processing thousands of requests off-chain, with verifiably correct execution via ZKPs. The performance of underlying blockchains is no longer the bottleneck. Loopring performs most operations, including order-matching and trade settlement, off the Ethereum blockchain.
Learn more about Loopring
Base
Base is a secure, low-cost, developer-friendly Ethereum L2 built to bring the next billion users to web3. Base is built with the security and scalability you need to power your dapps. It leverages the underlying security of Ethereum and lets you confidently onramp into Base from Coinbase, Ethereum L1, and other interoperable chains. Get the EVM environment at a fraction of the cost. Get early access to Ethereum features like Account Abstraction (ERC4337), simple developer APIs for gasless transactions, and smart contract wallets. Base is built on Optimism’s open-source OP Stack. Base is the easy way for decentralized apps to leverage Coinbase’s products and distribution. Seamless Coinbase integrations, easy fiat onramps, and access to the Coinbase ecosystem, which has 110M verified users and $80B assets on platform.
Learn more about Base
zkLend
zkLend is an L2 money-market protocol built on StarkNet, combining zk-rollup scalability, superior transaction speed, and cost savings with Ethereum's security. The protocol offers a dual solution, a permissioned and compliance-focused solution for institutional clients, and a permissionless service for DeFi users, all without sacrificing decentralization. zkLend believes that truly decentralized finance must be built on chains that are not only cheap, fast, and scalable but also secure and decentralized. zkLend is built with the conviction that Ethereum is the only decentralized solution and zk is the only technology that can scale without compromising on the properties that make Ethereum so unique. zkLend is an L2 money-market protocol built on StarkNet, combining zk-rollup scalability, superior transaction speed, and cost savings with Ethereum’s security. Users will be able to deposit their assets into a reserve pool, thereby providing liquidity to each money market.
Learn more about zkLend
Celer Network
Celer Network is a layer-2 scaling platform that brings fast, secure and low-cost blockchain applications on Ethereum, Polkadot and other blockchains to mass adoption. Celer launched the world’s first Generalized State Channel Network and continues to push the frontier of layer2 scaling with advanced Rollup technology. Core applications and middlewares like cBridge, Layer2.Finance and more ecosystem applications built on Celer have attracted more large audiences in DeFi, blockchain interoperability and gaming space. Layer2.Finance tackles the two largest challenges preventing DeFi from reaching mass adoption, the extraordinarily high transaction fees and being very difficult to navigate and use. cBridge is a multi-chain network that enables instant, low-cost and ANY-to-ANY value transfers within and across Ethereum’s layer-2 chains, Ethereum main chain and in the future, other layer-1s, and layer-2 on top of those other layer-1 chains.
Learn more about Celer Network
Integrations
Company Information
Hermez
Founded: 2020
hermez.io
Videos and Screen Captures
Other Useful Business Software
Ship Agents Faster
Gemini Enterprise Agent Platform lets you rapidly build, scale, govern and optimize production-ready agents grounded in your organization's data. The platform enables developers to build custom or pre-built agents for virtually any use case. New customers get $300 in free credits.
Product Details
Platforms Supported
Cloud
iPhone
iPad
Android
Training
Documentation
Videos
Support
Online
Hermez Frequently Asked Questions
Q: What kinds of users and organization types does Hermez work with?
Hermez works with these users and organization types: Mid Size Business, Small Business, Enterprise, Freelance, Nonprofit, Government, and Startup.
Q: What languages does Hermez support in their product?
Hermez supports these languages: English.
Q: What kind of support options does Hermez offer?
Hermez offers support via online.
Q: What other applications or services does Hermez integrate with?
Hermez integrates with: Ethereum and Telegram.
Q: Does Hermez have a mobile app?
Yes, Hermez has a mobile app for Android, iPhone, and iPad.
Q: What type of training does Hermez provide?
Hermez provides training in the form of documentation and videos.
