The Token $ZKC : Backbone of Proof-of-Verifiable-Work (PoVW)
$ZKC is the native token that drives the economy of Boundless, especially through its consensus mechanism, Proof-of-Verifiable-Work (PoVW). This system rewards nodes ("Provers") that provide useful computational power to generate ZKPs. To participate, Provers must stake $ZKC as collateral. If a Prover fails or acts dishonestly, their collateral is penalized (slashed), ensuring the reliability and security of the network.
@boundless_network BoundlessNetwork #Boundless #PoVW $ZKC
$ZKC is the native token that drives the economy of Boundless, especially through its consensus mechanism, Proof-of-Verifiable-Work (PoVW). This system rewards nodes ("Provers") that provide useful computational power to generate ZKPs. To participate, Provers must stake $ZKC as collateral. If a Prover fails or acts dishonestly, their collateral is penalized (slashed), ensuring the reliability and security of the network.
@boundless_network BoundlessNetwork #Boundless #PoVW $ZKC