ZK Cross Chain Bridge Coin Review : Is It Good Or Bad Coin Read Our Article

About ZK Cross Chain Bridge Coin

ZK Cross Chain Bridge Coin smart contracts are a kind of application with tamperproof context and clauses which are deployed and executed on blockchain networks. It means that no party are able to manipulate the codes and functions after deployment. Thus, unlike traditional paper contracts or digital ones which are programmed on centralized platforms that are exposed to alteration, termination and deletion by a trusted party or a third person, smart contracts bring parties into agreement and generate a novel and powerful class of trust without relying on trust in any party or intermediaries.

Thus, smart contract developers encounter a connectivity issue according to which majority of smart contracts are not able to function practically. Without connectivity, smart contracts and blockchains are only tools and platforms, respectively by which tokenization of shares and assets of organizations are possible and they are not flexible enough to be used as a programming ecosystem.

ZK Cross Chain Bridge Coin Point Table

ZK Cross Chin Structure

ZK Cross Chain Structure As it was said previously, ZK Cross Chain is a kind of technology with which blockchains are able to access real-world data. Simple schematic structure of ZK Cross Chain. The last contract is ZK Cross Chain connector that receives client’s request and process it in format of a query and emit specific data which can be read by watching ZK Cross Chain data carriers.

Smart Contracts

ZK Cross Chain is consisted of 3 various smart contracts that interact with each other. One of the contracts is the ZK Cross Chain API contract that client’s smart contract should inherit from this contract through which client’s smart contract can connect to ZK Cross Chain and benefit from provided ser-vices. The other contract is ZK Cross Chain address resolver which redirects client’s requests to the correct service including public ZK Cross Chain system, decentralized ZK Cross Chain system, a specific enterprise ZK Cross Chain system, etc.

ZK Cross Chain Performance

Let’s investigate how an ZK Cross Chain system works generally. By considering Figure 1, in the first step, blockchain emits special data using logging events that inspires its requirements of real world-data. In second step, ZK Cross Chain data carriers that are watching such events, understand blockchain’s needs of data and try to fetch them from real world by sending requests to various data sources using different kind of methods such as APIs, downloading files, asking questions, etc. In the third step, intended resource respond to the ZK Cross Chain data carriers’ request and send requested data to the ZK Cross Chain data carriers.

Payment Methods

Before discussing payment process, note that price of the request is calculated based on BSC. Thus, in order to have the price based on ZKB token, up to date exchange rate of ZKB/BSC should be available every moment for our pricing system with which ZKB-based price can be easily calculated. For solving this issue, a bot has been developed to watch ZKB/BSC exchange rate continuously and compare it with the rate which was injected to ZK Cross Chain’s pricing system, previously. If the difference is more than 1 %, this bot updates the price and injects the new exchange rate to the blockchain and cost of next requests are calculated based on the new exchange rate.

ZKB Tokens

ZK Cross Chain has issued its dedicated tokens dubbed ZK Cross Chain Token (ZKB) in BSC blockchain. The purpose of this token is creating a more affordable payment method for clients to pay for ZK Cross Chain services with a significant discount in comparison to pay with BSC.

Why Choose ZK Cross Chain Bridge Coin?

On Time Queries

By using this option in users’ contract, responses will be returned by ZK Cross Chain as soon as possible. When transactions of users’ requests are confirmed and corresponding information is emit-ted in connector contract and they are received by ZK Cross Chain data carriers, the requests are processed right away and the results are returned immediately.

Scheduled Queries

Using this option enables users’ contracts to submit queries in connector contract which should be responded in the future and after a certain period of time or on a certain time stamp. For example, users are able to ask ZK Cross Chain to return price of BSC/USD after an hour or even tomorrow at 10’oclock through setting the exact time stamp.

Recursive Queries

This section is a special case that is not anything new in comparison to above time dependent
functionalities; however, this part has a special use case that should be considered. This option has been provided for injecting any kind of data using various methods repeatedly and continuously based on an intended time step. For instance, one can consider a DEX which wants to have up to date price of BSC in its smart contract, continuously.

Where Can You Buy ZK Cross Chain Bridge Coin?

Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On PancakeSwap (V2), As It Has The Highest ZKB/WBNB. e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include ZKB/WBNB And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.

Market Screenshot

ZK Cross Chain Bridge Coin Supported Wallet

Several Browser And Mobile App Based Wallets Support ZK Cross Chain Bridge Coin. Here Is Example Of Wallet Which ZK Cross Chain Bridge Coin – Trust Wallet For Hardware Ledger Nano.

FAQ Of ZK Cross Chain Bridge Coin