“Boundless coin” most likely refers to Boundless (ZKC) — here’s a breakdown of what it is, how it works, and current data. If you meant a different “Boundless coin”, I can look that up too.
🔍 What is Boundless (ZKC)?
Name: Boundless, token symbol ZKC.
Developer / Team: Created by RISC Zero, a team known for the RISC-V general-purpose zero-knowledge virtual machine (zkVM) work.
What it does: Boundless is a universal protocol that allows multiple blockchain networks, layer-1s, rollups, and apps to outsource computation to a network of prover nodes that generate zero-knowledge proofs (ZK proofs). These proofs are then verified on-chain. The goal is to improve scalability, security, interoperability without forcing chains to redesign themselves.
⚙️ How It Works & Token Utility
PoVW — Proof of Verifiable Work: Provers stake ZKC and do proving work; they earn ZKC based on the valid proofs they generate. The staked ZKC also acts as collateral, and there are slashing conditions for misbehavior or failing to deliver.
Collateral / staking: To accept proof jobs, provers must stake a certain amount of ZKC as collateral. If they fail to deliver proofs in time, a portion of stake is burned or transferred.
Governance: ZKC holders can participate in governance — proposals, upgrades, parameter changes, etc.
📊 Tokenomics & Supply
Total (genesis) supply: 1 billion ZKC tokens.
Circulating supply (at present): About 200.93 million ZKC.
Inflation schedule: Starts relatively higher (~7%) then tapers down over years to ~3%.
💵 Current Price & Market Data
Price (USD): Around $0.30-$0.34 depending on source and time.
Market Cap: ~$60-70 million.
Rank: Appears in mid-hundreds among cryptocurrencies.
If you want, I can also pull up the historical chart, project roadmap, and pros & cons of investing in ZKC so you can decide better. Do you want that?
