zkVerify - Frequently Asked Questions

Question 1

What is zkVerify?

Sharpe Labs · Accepted Answer

Zero-knowledge proofs are crucial for enhancing scalability and privacy by allowing computations to be verified without revealing the underlying data. However, verifying these proofs, especially on chains like Ethereum, is often computationally intensive, slow, and prohibitively expensive. This bottleneck limits the adoption of ZK-powered applications, from privacy-preserving DeFi to scalable rollups and verifiable AI. zkVerify is a high-performance, public, and decentralized Layer 1 blockchain specifically designed for zero-knowledge (ZK) proof verification. It is the universal proof verification layer for real-world, practical applications across the Internet. zkVerify uniquely blends universal compatibility with simplicity and performance, ensuring that as our digital lives grow more complex, keeping them secure becomes easier. It allows other blockchain networks, particularly Layer 2 solutions and dApps utilizing ZK-rollups, to offload the heavy and expensive process of ZK proof verification. This significantly reduces computational burden, lowers transaction costs, and enables faster, more efficient operations across the Web3 ecosystem. Essentially, zkVerify acts as a "one-stop-shop" for all ZKP verification needs, simplifying development and unlocking new use cases. Developers can plug into zkVerify to verify a wide range of proof systems without complex custom logic, accelerating innovation and adoption in the ZK ecosystem. zkVerify operates on the Base blockchain network. For more information, visit the official zkVerify website at https://zkverify.io/

Question 2

What is the current price of zkVerify?

Sharpe Labs · Accepted Answer

The current zkVerify price today is $0.0436 USD. The zkVerify (VFY) price has increased by +0.81% over the last 24 hours. The real-time zkVerify price is up and updated live based on trading data from decentralized exchanges. You can track VFY price movements to make informed trading decisions.

Question 3

Where can I track zkVerify price?

Sharpe Labs · Accepted Answer

You can track zkVerify (VFY) price in real-time on Sharpe DEX Scan at https://sharpe.ai/dexscan/base/zkverify. Our platform provides live zkVerify price updates, 24-hour price change percentages, interactive TradingView charts with technical indicators, real-time trading volume data, and VFY holder analytics. The zkVerify price is updated every few seconds, ensuring you have the most accurate market data for trading decisions. Track VFY price movements across multiple timeframes, monitor trading volume trends, analyze holder distribution patterns, and view recent zkVerify transactions all in one place. Sharpe AI DEX Scanner is the best platform to track zkVerify price with professional-grade analytics and real-time market data.

Question 4

How many holders does zkVerify have?

Sharpe Labs · Accepted Answer

zkVerify currently has 5,769 token holders on the Base blockchain network. The zkVerify holder count represents unique wallet addresses that actively hold VFY tokens. The number of zkVerify (VFY) holders is regularly updated and reflects the size and growth of the zkVerify community. More holders typically indicate stronger adoption and community support for zkVerify. Join the zkVerify community: Twitter: https://twitter.com/zkvprotocol, Telegram: https://telegram.me/zkverify, Discord: https://discord.com/zkverify

Question 5

What is the circulating supply of zkVerify?

Sharpe Labs · Accepted Answer

The zkVerify circulating supply is currently 306,194,144 VFY tokens. The total zkVerify supply is 155,051,811 VFY tokens. As of now, 197.5% of the total VFY supply is in active circulation, meaning most of the total supply is available for trading. zkVerify (VFY) token supply metrics are essential for calculating market capitalization, understanding token distribution, and evaluating scarcity. The circulating supply of zkVerify directly impacts the token's market value and price dynamics.

Question 6

How to buy zkVerify?

Sharpe Labs · Accepted Answer

To buy zkVerify (VFY) on Sharpe AI DEX Scanner, click the Buy button located at the top of the zkVerify page. This will open a trading interface where you can connect your cryptocurrency wallet (such as MetaMask, Trust Wallet, or Phantom for Solana). Once connected, the interface will show you the current zkVerify price and allow you to enter the amount of VFY you want to purchase. The Buy button connects directly to decentralized exchanges, making it easy to swap your tokens for zkVerify. Always verify you have sufficient balance in your wallet and review the transaction details including gas fees before confirming your purchase. Track VFY price movements on Sharpe AI DEX Scanner to find the optimal entry point for buying zkVerify.

Question 7

How to sell zkVerify?

Sharpe Labs · Accepted Answer

To sell zkVerify (VFY) on Sharpe AI DEX Scanner, click the Sell button located at the top of the zkVerify page, next to the Buy button. This will open a trading interface where you need to connect your cryptocurrency wallet that contains your VFY tokens. Once your wallet is connected, the interface will display your current zkVerify balance and allow you to enter the amount of VFY you want to sell. The Sell button connects directly to decentralized exchanges, enabling you to swap your zkVerify for other tokens like USDT or USDC. Review the current zkVerify price, check the transaction details including slippage tolerance and gas fees, and confirm the transaction in your wallet. Use Sharpe AI DEX Scanner's real-time price charts and trading volume data to determine the optimal time to sell VFY for maximum returns.

Question 8

Is zkVerify a good investment?

Sharpe Labs · Accepted Answer

Whether zkVerify (VFY) is a good investment depends on multiple factors including your risk tolerance, investment goals, market conditions, and thorough research. zkVerify currently has 5,769 holders, which indicates the level of community adoption. Before investing in zkVerify, consider: 1) Research the project's fundamentals, team credentials, and roadmap. 2) Analyze VFY tokenomics, including total supply, circulating supply, and token distribution. 3) Review the zkVerify whitepaper and use case to understand the project's value proposition. 4) Monitor VFY price trends, trading volume, and market sentiment on Sharpe AI DEX Scanner. 5) Check Base blockchain explorer for contract verification and transaction history. 6) Assess zkVerify community engagement and social media presence. Cryptocurrency investments carry significant risk due to market volatility. zkVerify price can fluctuate dramatically in short periods. Never invest more than you can afford to lose, diversify your portfolio across multiple assets, and consider consulting with a financial advisor. Use Sharpe AI's real-time analytics to track zkVerify performance metrics, holder distribution, and trading patterns before making investment decisions.

Question 9

How can I view zkVerify transactions?

Sharpe Labs · Accepted Answer

You can view zkVerify (VFY) transactions in real-time on Sharpe AI DEX Scanner. The Transactions tab displays all recent zkVerify buy and sell orders, swap transactions, mint and burn events with detailed information including transaction hash, wallet address, transaction type (buy/sell), token amount, USD value, and timestamp. Each VFY transaction shows the exact price at which the trade occurred, allowing you to analyze zkVerify trading patterns and market activity. You can filter zkVerify transactions by type (Buy, Sell, Mint, Burn), set price range filters, and search for specific wallet addresses to track whale movements. Click on any VFY transaction to view complete details on the blockchain explorer. Monitor zkVerify transactions to identify trading trends, spot large buyers and sellers, and understand market sentiment for VFY token.

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