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Draft:Polyhedra network

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Polyhedra Network

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Polyhedra Network is a blockchain infrastructure project focused on zero-knowledge (ZK) proof technologies. Founded in 2022 by Tiancheng Xie and James Zhang, the project aims to build scalable, secure, and privacy-preserving Web3 protocols."Polyhedra Network Overview". Messari. Retrieved 2025-07-17.

History

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The company was founded in 2022 by Tiancheng Xie and James Zhang, who met while studying zero-knowledge proofs during their doctoral programs."Polyhedra Network Profile". Crunchbase. Retrieved 2025-07-17.

Technology

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Polyhedra Network develops cryptographic protocols based on zero-knowledge proofs. Its major products include:

  • zkBridge, a cross-chain interoperability protocol using ZK proofs to verify messages and data between different blockchains without trusted intermediaries.
  • zkLightClient, a minimal trustless light client for verifying blockchain state across chains.
  • zkDID, a decentralized identity protocol built on ZK technology.

These technologies aim to address challenges in blockchain scalability, interoperability, and privacy."Polyhedra Network Buyback Plan". CoinDesk. Retrieved 2025-07-17.

ZKJ Token

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The native utility token of the platform is ZKJ. It is used for transaction fees, governance, and staking within the Polyhedra Network ecosystem. As of mid-2025, ZKJ is available on multiple exchanges including Binance, OKX, KuCoin, Gate.io, MEXC, Bybit, BingX, and Crypto.com. It is also supported on platforms like Revolut."ZKJ Token Listing". CoinMarketCap. Retrieved 2025-07-17.

In June 2025, Polyhedra experienced a liquidity crisis following an 80% drop in the token's price, which the team attributed to a series of liquidity attacks. The company responded by announcing a token buyback plan to support market stability."Polyhedra Blames Liquidity Attacks". CoinDesk. Retrieved 2025-07-17.

See Also

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  • Zero-knowledge proofs
  • Blockchain interoperability
  • Decentralized identity

References

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