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Antoni Martin is a co-founder of Hermez network, a decentralized zk-rollup solution designed to scale payments and token transfers on Ethereum. He works on layer 2 scaling solutions using zero knowledge rollup technology.
1Interview
2020First on the show
Oct 2020Latest appearance
17 minOn camera
17:01
Latest interview · Oct 28, 2020Antoni Martin of Hermez on scaling Ethereum with zero knowledge rollupsWatch the episode →
In their own words
“We are able to perform 2000 transactions per second. Nobody yet can perform smart contracts on this layer two but at least we are able to perform plain vanilla transactions.”
Key points from the latest interview
- Hermez is a decentralized zero-knowledge rollup that processes simple transactions like token transfers off-chain while keeping data on Ethereum.
- The platform can process approximately 2,000 transactions per second by compressing multiple transactions into a single hash recorded on layer one.
- Hermez focuses on plain vanilla transactions which comprise 60-70 percent of Ethereum congestion, leaving smart contracts to layer one.
- The network uses a Hermez token for governance through auctions to forge blocks, with 40 percent of auction fees directed to community projects.
- Adoption strategy targets cryptocurrency exchanges as primary users due to their transaction volume and familiarity with new infrastructure.