Hermez - The new layer2 fast payment Ethereum solution

in LeoFinance3 years ago (edited)

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Yesterday the awaited Hermez wallet launched in Ethreum mainnet. The dapp provides a scalable payment and universal settlement layer for moving token-based digital currencies. It is based on ZK-Rollups which have the potential to increase the Ethereum network’s maximum tps by two orders of magnitude, making it comparable to the Visa network’s average.

Hermez is a great solution for payment providers to do massive transfers paying low fees. I have tested the app in the rinkeby test network and it works quite smoothly.

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You can test the wallet using this link and selecting either mainnet or rinkeby testnet. You can find all the documentation in their docs guide.

For more info, you can read this post in The Block

Posted Using LeoFinance Beta