SPACE ID and Polyhedra Unite for .zk Domain and ZK Interoperability - Blockchain.News
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SPACE ID and Polyhedra Unite for .zk Domain and ZK Interoperability

SPACE ID collaborates with Polyhedra Network, launching .zk domains and enhancing Web3 interoperability with ZK proofs and a community airdrop.


  • Mar 14, 2024 11:06
SPACE ID and Polyhedra Unite for .zk Domain and ZK Interoperability

SPACE ID has announced an ecosystem partnership with Polyhedra Network to foster zk-SNARKs interoperability and unveil the .zk domain, marking a significant leap in decentralized identity solutions. This collaboration is set to propel the utility of over 2.8 million Web3 domains and their 1.4 million holders into a new realm of cross-chain communication.

A Breakthrough in Digital Identity: The .zk Domain

The partnership heralds the launch of the .zk domain, a novel Web3 name service designed to offer unprecedented cross-chain interoperability. This service will allow users to establish a singular identity across various networks through an Omnichain domain NFT. As the Web3 ecosystem becomes more intricate with the proliferation of networks, the .zk domain stands as a testament to SPACE ID and Polyhedra Network's commitment to a more cohesive digital landscape.

Anticipated Airdrops Cement Community Bonds

In celebration of this partnership, SPACE ID has also teased the first-ever cross-community airdrop. This event will reward .zk domain holders with $ID tokens while distributing $ZK tokens to SPACE ID Premier Club members. These airdrops are not just a token of appreciation but a strategic move to foster a strong communal relationship between the two ecosystems.

About Polyhedra Network and SPACE ID

Polyhedra Network is at the forefront of developing the next generation of Web3 infrastructure, leveraging Zero-knowledge proof (ZKP) technology for trust-minimized interoperability solutions. SPACE ID, on the other hand, is creating a universal name service network to streamline the discovery, registration, trading, and management of Web3 domains.

Implications for the Web3 Landscape

This collaboration is more than just a technical integration; it represents a cultural shift towards a more interconnected Web3 world. By enhancing interoperability and simplifying the digital identity process, SPACE ID and Polyhedra Network are setting the stage for broader adoption and innovation in the blockchain space.

Conclusion

The partnership between SPACE ID and Polyhedra Network is a milestone in the evolution of the Web3 ecosystem. As the community eagerly awaits more details on the upcoming airdrop, the launch of the .zk domain promises to empower users with a more versatile and interconnected digital identity.

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