{"id":"prom","version":1,"language":"en","title":"Prom","hidden":false,"content":"**Prom** is a modular ZkEVM [Layer 2](https://iq.wiki/wiki/layer-2) founded in 2018, that enables interoperability across various chains, including both EVM (Ethereum Virtual Machine) and non-EVM-compatible networks. Prom submits its proof of transaction to the additional chains on top of the chosen Settlement chain, building the bridge between ecosystems. [\\[1\\]](#cite-id-5jrb8qpgwai)[\\[2\\]](#cite-id-jtqx4cr4sok)  \n  \n# Overview  \n  \nDeveloped by Prometeus Labs, Prom's core offering is a Layer 2 (L2) scaling solution built on existing L1 [blockchains](https://iq.wiki/wiki/blockchain). It leverages [zk-SNARKs](https://iq.wiki/wiki/zk-snark) (zero-knowledge succinct non-interactive arguments of knowledge) cryptography, a privacy-preserving technology that verifies computations without revealing the underlying data. This zkEVM (Zero-Knowledge Ethereum Virtual Machine) architecture enables Prom to inherit the security of the underlying L1 chain while offering significantly faster transaction processing and lower fees. [\\[3\\]](#cite-id-7q7cu7arugf)  \n  \n## Utility  \n  \nPowered by [Polygon](https://iq.wiki/wiki/polygon), PROM zkEVM uses [zkSNARKs](https://iq.wiki/wiki/zk-snark) to reduce transaction costs, offering users an economical [blockchain](https://iq.wiki/wiki/blockchain) solution. It harnesses Polygon Zero for rapid transactions and scalable [dApp](https://iq.wiki/wiki/decentralized-application) development, due to recursive STARK technology. [\\[1\\]](#cite-id-5jrb8qpgwai)  \n  \nPROM integrates with existing [Ethereum](https://iq.wiki/wiki/ethereum) infrastructure, minimizing development overhead, it ensures secure and immutable transactions by combining Ethereum's security with the efficiency of [ZK proofs](https://iq.wiki/wiki/zero-knowledge-proofs-zkps). [\\[1\\]](#cite-id-5jrb8qpgwai)  \n  \n# PROM Token  \n  \n$PROM is the native token that powers the Prom zkEVM ecosystem, facilitating transactions, empowering users with governance, and incentivizing community contributions. [\\[4\\]](#cite-id-fb7zelf244p)  \n  \n$PROM token grants users decision-making power, shaping the future of the network, it fuels transactions and contract interactions, and it provides access and engagement with a diverse range of network services. [\\[1\\]](#cite-id-5jrb8qpgwai)[\\[4\\]](#cite-id-fb7zelf244p)  \n  \n# Partnerships  \n  \n## Prom x Automata Network  \n  \nOn March 18, 2024, Prom partnered with Automata Network, a modular attestation layer to pioneer advancements in [blockchain](https://iq.wiki/wiki/blockchain) technology. [\\[5\\]](#cite-id-stf8lxv99l)  \n  \n> Partnership with Automata Network fosters the upgrade of Prom’s infrastructure, offering a more efficient framework. This collaboration also broadens our array of developer tools that would further enable developers to build on top of Prom with ease. - the announcement mentioned[\\[5\\]](#cite-id-stf8lxv99l)  \n  \n## Prom x Bailsec  \n  \nOn March 20, 2024, Prom unveiled its first Security Partner, Bailsec, a leading provider of Smart Contract Audits and Security services. [\\[6\\]](#cite-id-h9snc6wwvz)  \n  \n> This integration is a significant step in our journey to build a secure ecosystem. Bailsec brings an unparalleled expertise of ensuring the safety and integrity of Web3 products that will transmit to every user interacting with our protocol. [\\[6\\]](#cite-id-h9snc6wwvz)  \n  \nRecognizing the importance of security in the modern blockchain space, Prom's alliance with Bailsec is designed to strengthen its ecosystem and offer projects within the network access to top-tier services. By integrating Bailsec’s expertise directly into the Prom's network, the network aims to ensure the total safety of every transaction and data. [\\[6\\]](#cite-id-h9snc6wwvz)  \n  \n## Prom x Blockscout  \n  \nOn March 21, 2024, Prom welcomed Blockscout, a leading open-source explorer for [Ethereum](https://iq.wiki/wiki/ethereum) & EVM-compatible chains, into its ecosystem. [\\[7\\]](#cite-id-9ek5ujhlvdr)  \n  \n> This integration heralds a new chapter in our commitment to enhancing blockchain transparency and accessibility for users and developers alike.[\\[7\\]](#cite-id-9ek5ujhlvdr)  \n  \nTogether, both platforms aim to leverage their collective strengths to foster a more transparent, accessible, and interconnected blockchain community. They aim to offer the community real-time viewing of transactions, advanced [smart contract](https://iq.wiki/wiki/smart-contract) verification, and in-depth token tracking. [\\[7\\]](#cite-id-9ek5ujhlvdr)  \n  \n<br>  \n","summary":"Prom is a modular ZkEVM Layer 2, developed by Prometeus Labs, offering rapid transactions and scalable dApp development with reduced costs via zkSNARKs cryptography.","categories":[{"id":"cryptocurrencies","title":"Cryptocurrencies"}],"promoted":0,"tags":[{"id":"Protocols"}],"metadata":[{"id":"references","value":"[{\"id\":\"5jrb8qpgwai\",\"url\":\"https://prom.io/\",\"description\":\"prom website\",\"timestamp\":1713778876725},{\"id\":\"jtqx4cr4sok\",\"url\":\"https://twitter.com/prom_io\",\"description\":\"twitter profile\",\"timestamp\":1713778893267},{\"id\":\"7q7cu7arugf\",\"url\":\"https://bitkan.com/learn/what-is-prom-s-zkevm-l2-solution-what-are-the-benefits-of-prom-s-approach-24713\",\"description\":\"bitkan - what is prom\",\"timestamp\":1713779635722},{\"id\":\"fb7zelf244p\",\"url\":\"https://www.coingecko.com/en/coins/prom\",\"description\":\"coingecko - PROM\",\"timestamp\":1713779786441},{\"id\":\"stf8lxv99l\",\"url\":\"https://prom-io.medium.com/prom-x-automata-network-3ff54f0c6e2f\",\"description\":\"Prom x Automata Network\\n\",\"timestamp\":1713784098410},{\"id\":\"h9snc6wwvz\",\"url\":\"https://prom-io.medium.com/prom-x-bailsec-99ac733f9ad6\",\"description\":\"Prom x Bailsec\\n\",\"timestamp\":1713784433576},{\"id\":\"9ek5ujhlvdr\",\"url\":\"https://prom-io.medium.com/prom-x-blockscout-fbb7968a5c79?source=user_profile---------8----------------------------\",\"description\":\"Prom x Blockscout\\n\",\"timestamp\":1713784681369}]"},{"id":"website","value":"https://prom.io/"},{"id":"contract_url","value":"https://etherscan.io/token/0xfc82bb4ba86045af6f327323a46e80412b91b27d"},{"id":"instagram_profile","value":"https://www.instagram.com/prom_io_official"},{"id":"twitter_profile","value":"https://twitter.com/prom_io"},{"id":"linkedin_profile","value":"https://www.linkedin.com/company/prom-io/"},{"id":"youtube_profile","value":"https://www.youtube.com/channel/UC2mC_ZMPnrivHGgz5CaZnvQ"},{"id":"discord_profile","value":"https://discord.gg/prom"},{"id":"telegram_profile","value":"https://t.me/prom_io"},{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/prometeus"},{"id":"medium_profile","value":"https://prom-io.medium.com/"},{"id":"etherscan_profile","value":"https://etherscan.io/token/0xfc82bb4ba86045af6f327323a46e80412b91b27d"},{"id":"bscscan_profile","value":"https://bscscan.com/token/0xaf53d56ff99f1322515e54fdde93ff8b3b7dafd5"},{"id":"previous_cid","value":"QmUyiUMoeh9YNc4BxPrFmADsuYWQysT2r6XaT3Nk5xbqGy"}],"user":{"id":"0x6753061a4cffbc0A617e57E956A298D88702a94B"},"author":{"id":"0x212Cb3F4aE6611054637f9f78F18fB628AD258bb","profile":{"username":"zainab","avatar":"QmZzhTxNPnCKWpsPJtS1YeZUiZ5vFSNHCeStpigLs2pRNt"}},"media":[{"name":"o60-YyiXaXI","id":"https://www.youtube.com/watch?v=o60-YyiXaXI","size":"0","type":null,"source":"YOUTUBE"}],"views":62,"events":[{"title":"Date Founded","description":"PROM was founded in 2018","type":"CREATED","date":"2018-01","link":"https://medium.com/prom-network/prometeus-labs-new-vision-for-new-times-e3f424ba1851","multiDateStart":null,"multiDateEnd":null},{"title":"Partnerships with Automata Network, Bailsec, & BlockScout","description":"In March 2024, Prom partnered with Automata Network, Bailsec, and BlockScout to further improve the Prom community","type":"DEFAULT","date":"2024-03","link":"https://prom-io.medium.com/prom-x-blockscout-fbb7968a5c79?source=user_profile---------8----------------------------","multiDateStart":null,"multiDateEnd":null}],"linkedWikis":{"founders":[],"blockchains":[]},"ipfs":"QmUyiUMoeh9YNc4BxPrFmADsuYWQysT2r6XaT3Nk5xbqGy","transactionHash":"0xed883b486f1ca356927abb9ccc4e1bac3ee90e6a7ba0641ce8b3489e267aca6a","created":"2024-04-22T10:53:51.773Z","updated":"2024-04-22T18:36:05.140Z","images":[{"id":"QmUF93uvvgQVM7tn3HUATGyTqUfqRDgbutDfwr2cWK11aE","type":"image/jpeg, image/png"}]}