Question 1

What is ZK Coin (ZKC)?

Accepted Answer

Boundless is a universal protocol that brings zero-knowledge (ZK) proofs to every blockchain. It provides verifiable compute infrastructure that allows developers to bypass traditional gas and block size limits while ensuring trust through proofs.

The protocol introduces Proof of Verifiable Work (PoVW), where provers compete to generate ZK proofs for submitted computation requests. This model decouples execution from consensus, enabling scalable compute across multiple chains without requiring global re-execution.

Question 2

What is ZK Coin (ZKC) used for?

Accepted Answer

$ZKC is the native token of the Boundless protocol. It secures the proof marketplace by serving as collateral for provers, aligning incentives for reliable and timely proof generation. Each proof job requires provers to lock ZKC as collateral, while requestors pay for proofs in the native token of the chain where the computation originates (for example, ETH on Ethereum or SOL on Solana). As adoption grows, more ZKC is locked, reducing circulating supply and strengthening economic guarantees across the network.

**$ZKC Roles in the Protocol**

* **Collateral for Provers:** Provers must lock ZKC, typically 10x the maximum fee of a proof request, before accepting jobs. If a prover fails to deliver, 50% of the collateral is burned permanently and the other 50% is reassigned as a bounty to another prover. This ensures proof delivery and creates strong security guarantees.
 
* **Staking**: Token holders stake ZKC to participate in securing the protocol, receive a baseline 25% of epoch rewards, and take part in governance.
 
* **Proof of Verifiable Work Rewards**: Prover nodes, the backbone of the network, earn up to 75% of emissions each epoch for completing proofs, tying token issuance directly to useful computation.
 
* **Governance**: ZKC holders can influence protocol parameters, marketplace design, zkVM additions, grants, and tokenomics adjustments. Governance is expanding toward allowing both veto and proposal rights for stakeholders.
 
 By combining collateral requirements, staking rewards, and governance rights, ZKC incentivizes a decentralized and efficient prover market while ensuring the protocol scales securely with demand.

Question 3

Who created ZK Coin (ZKC)?

Accepted Answer

ZK Coin is built by the Boundless team, with backing from major Web3 founders, researchers, and investors.

Advisors and backers include:

* Mert (Helius), Patrick O’Grady (Commonware), Nick White (Celestia), Dan Boneh (Stanford)
 
* Investors such as Bain Capital Crypto, Blockchain Capital, Galaxy, Delphi Ventures, Fenbushi Capital, Figment Capital, Maven11, IOSG Ventures, Geometry Venture Development, and zkv

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	ZKC-USDT ZKCUSDT	binance	AA	0.03070USDT	0.00%	10,310,624.50ZKC	3,521	0.03070USDT	0.03110USDT
2	ZKC-USDT ZKC_USDT	whitebit	BB	0.03080USDT	0.00%	6,724,955.40ZKC	6,065	0.03080USDT	0.03130USDT
3	ZKC-USDT ZKCUSDT	bybit	A	0.03079USDT	0.06%	4,833,163.60ZKC	3,445	0.03077USDT	0.03113USDT
4	ZKC-USDT ZKC_USDT	gateio	A	0.03078USDT	0.07%	2,892,234.00ZKC	1,026	0.03076USDT	0.03106USDT
5	ZKC-TRY ZKCTRY	binance	AA	1.54TRY	0.00%	2,774,637.70ZKC	830	1.54TRY	1.55TRY
6	ZKC-USDT ZKCUSDT_SPBL	bitget	BB	0.03079USDT	0.06%	1,705,856.91ZKC	1,441	0.03077USDT	0.03111USDT
7	ZKC-USDC ZKCUSDC	binance	AA	0.03070USDC	-0.32%	828,488.40ZKC	181	0.03080USDC	0.03100USDC
8	ZKC-USDT ZKC-USDT	kucoin	BB	0.03070USDT	-0.65%	657,904.42ZKC	313	0.03090USDT	0.03100USDT
9	ZKC-USD ZKC-USD	coinbase	AA	0.03070USD	0.00%	343,076.76ZKC	70	0.03070USD	0.03100USD
10	ZKC-USD ZKC_USD	cryptodotcom	AA	0.03454USD	0.00%	0ZKC	0	0.03454USD	0.03454USD
11	ZKC-USDT zkc_usdt	lbank	C	0.03074USDT	0.33%	12,151,183.17ZKC	85,839	0.03064USDT	0.03106USDT
12	ZKC-KRW KRW-ZKC	upbit	B	41.50KRW	0.24%	11,343,428.47ZKC	1,530	41.40KRW	41.80KRW
13	ZKC-USDT ZKCUSDT	bitrue	D	0.03090USDT	0.65%	4,272,424.00ZKC	4,936	0.03070USDT	0.03120USDT
14	ZKC-USDT ZKCUSDT	toobit	C	0.03070USDT	-0.32%	2,798,265.40ZKC	4,912	0.03080USDT	0.03110USDT
15	ZKC-USDT ZKC_USDT	bitunix	C	0.03070USDT	0.00%	2,672,812.10ZKC	6,367	0.03070USDT	0.03110USDT
16	ZKC-USDT ZKCUSDT	mexc	C	0.03078USDT	0.07%	2,658,363.07ZKC	3,182	0.03076USDT	0.03115USDT
17	ZKC-KRW ZKC_KRW	bithumbkorea	-	40.94KRW	0.10%	2,386,428.94ZKC	285	40.90KRW	41.54KRW
18	ZKC-USDT ZKC-USDT	bigone	-	0.03050USDT	-1.29%	2,440,263.80ZKC	4,479	0.03090USDT	0.03100USDT
19	ZKC-USDT zkc_usdt	digifinex	D	0.03070USDT	0.00%	2,349,671.81ZKC	1,669	0.03070USDT	0.03110USDT
20	ZKC-TRY ZKCTRY	btcturk	E	1.53TRY	0.13%	2,294,655.50ZKC	202	1.53TRY	1.55TRY
21	ZKC-USDT ZKC_USDT	bydfi	-	0.03078USDT	0.07%	2,141,252.85ZKC	3,096	0.03076USDT	0.03115USDT
22	ZKC-USDT ZKC-USDT	bingx	D	0.03080USDT	0.33%	1,255,445.21ZKC	5,328	0.03070USDT	0.03120USDT
23	ZKC-USDT ZKCUSDT	btcturk	E	0.03023USDT	-1.14%	507,384.30ZKC	27	0.03058USDT	0.03089USDT
24	ZKC-EUR ZKC-EUR	bitvavo	B	0.02727EUR	-0.46%	443,942.25ZKC	87	0.02740EUR	0.02755EUR
25	ZKC-USDT zkcusdt	huobipro	C	0.03050USDT	0.33%	70,875.41ZKC	52	0.03040USDT	0.03139USDT
26	ZKC-KRW ZKC_KRW	coinone	C	42.25KRW	0.00%	0ZKC	0	42.25KRW	42.25KRW
27	ZKC-IDR zkcidr	indodax	E	550.00IDR	-1.26%	447.89ZKC	3	557.00IDR	557.00IDR
28	ZKC-THB THB_ZKC	bitkub	C	1.03THB	0.00%	0ZKC	0	1.03THB	1.03THB
29	ZKC-BTC BTC-ZKC	upbit	B	0.0₆4000BTC	5.26%	158.06ZKC	2	0.0₆3800BTC	0.0₆4000BTC
30	ZKC-USDT USDT-ZKC	upbit	B	0.03741USDT	0.00%	0ZKC	0	0.03741USDT	0.03741USDT
31	ZKC-USDT ZKCUSDT	hitbtc	E	0.05220USDT	0.00%	0ZKC	0	0.05220USDT	0.05220USDT