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	0.03769USDT	-0.26%	20,938,137.50ZKC	10,362	0.03780USDT	0.03889USDT
2	ZKC-TRY ZKCTRY	binance	AA	1.83TRY	-0.54%	9,505,359.10ZKC	1,699	1.84TRY	1.88TRY
3	ZKC-USD ZKC-USD	coinbase	AA	0.03780USD	0.00%	5,298,907.57ZKC	1,120	0.03780USD	0.03870USD
4	ZKC-USDT ZKCUSDT	bybit	A	0.03778USDT	-0.16%	3,630,442.00ZKC	3,380	0.03785USDT	0.03886USDT
5	ZKC-USDC ZKCUSDC	binance	AA	0.03769USDC	-0.26%	2,302,213.80ZKC	2,348	0.03780USDC	0.03880USDC
6	ZKC-USDT ZKC_USDT	whitebit	BB	0.03780USDT	0.00%	2,163,937.70ZKC	3,525	0.03780USDT	0.03889USDT
7	ZKC-USDT ZKC_USDT	gateio	A	0.03787USDT	0.19%	1,245,817.00ZKC	863	0.03780USDT	0.03880USDT
8	ZKC-USDT ZKCUSDT_SPBL	bitget	BB	0.03778USDT	0.21%	1,071,747.26ZKC	779	0.03771USDT	0.03880USDT
9	ZKC-USDT ZKC-USDT	kucoin	BB	0.03769USDT	-0.26%	169,329.21ZKC	124	0.03780USDT	0.03870USDT
10	ZKC-USD ZKC_USD	cryptodotcom	AA	0.03867USD	0.00%	0ZKC	0	0.03867USD	0.03867USD
11	ZKC-KRW KRW-ZKC	upbit	B	52.10KRW	0.39%	32,879,187.00ZKC	3,426	51.90KRW	53.50KRW
12	ZKC-USDT zkc_usdt	lbank	C	0.03777USDT	-0.42%	10,439,747.80ZKC	83,607	0.03793USDT	0.03918USDT
13	ZKC-TRY ZKCTRY	btcturk	E	1.85TRY	0.54%	7,000,968.90ZKC	2,122	1.84TRY	1.89TRY
14	ZKC-USDT ZKCUSDT	bitrue	D	0.03769USDT	-0.79%	3,980,592.00ZKC	4,961	0.03800USDT	0.03900USDT
15	ZKC-USDT ZKCUSDT	toobit	C	0.03780USDT	-0.26%	3,572,867.10ZKC	6,339	0.03790USDT	0.03889USDT
16	ZKC-KRW ZKC_KRW	bithumbkorea	-	52.12KRW	0.13%	3,016,594.67ZKC	496	52.05KRW	53.40KRW
17	ZKC-USDT ZKC_USDT	bitunix	C	0.03780USDT	0.00%	2,279,792.80ZKC	7,064	0.03780USDT	0.03880USDT
18	ZKC-USDT zkc_usdt	digifinex	D	0.03780USDT	0.27%	1,982,182.31ZKC	4,691	0.03769USDT	0.03889USDT
19	ZKC-USDT ZKCUSDT	mexc	C	0.03787USDT	0.05%	1,948,560.96ZKC	3,039	0.03785USDT	0.03884USDT
20	ZKC-USDT ZKC-USDT	bigone	-	0.03780USDT	1.07%	1,705,923.30ZKC	4,840	0.03740USDT	0.03880USDT
21	ZKC-USDT ZKC_USDT	bydfi	-	0.03787USDT	0.05%	1,689,019.14ZKC	3,298	0.03785USDT	0.03884USDT
22	ZKC-USDT ZKC-USDT	bingx	D	0.03769USDT	-0.26%	1,407,451.78ZKC	7,087	0.03780USDT	0.03889USDT
23	ZKC-USDT zkcusdt	huobipro	C	0.03790USDT	0.26%	615,095.70ZKC	421	0.03780USDT	0.03900USDT
24	ZKC-USDC ZKC_USDC	cryptology	D	0.03778USDC	-0.13%	401,041.31ZKC	782	0.03783USDC	0.03881USDC
25	ZKC-USDT ZKC_USDT	cryptology	D	0.03781USDT	-0.05%	398,059.93ZKC	805	0.03783USDT	0.03883USDT
26	ZKC-EUR ZKC-EUR	bitvavo	B	0.03291EUR	0.92%	213,146.02ZKC	71	0.03261EUR	0.03351EUR
27	ZKC-USDT ZKCUSDT	btcturk	E	0.03805USDT	1.87%	142,426.50ZKC	34	0.03735USDT	0.03839USDT
28	ZKC-USDC ZKCUSDC	mexc	C	0.04724USDC	0.00%	0ZKC	0	0.04724USDC	0.04724USDC
29	ZKC-USDT ZKCUSDT	coinex	C	0.03773USDT	0.00%	11,493.61ZKC	1,475	0.03773USDT	0.03849USDT
30	ZKC-IDR zkcidr	indodax	E	661.00IDR	-1.05%	3,373.73ZKC	6	668.00IDR	671.00IDR
31	ZKC-KRW ZKC_KRW	coinone	C	52.20KRW	0.00%	2,175.86ZKC	9	52.20KRW	52.20KRW
32	ZKC-USDT USDT-ZKC	upbit	B	0.05108USDT	36.94%	191.23ZKC	2	0.03730USDT	0.05108USDT
33	ZKC-BTC BTC-ZKC	upbit	B	0.0₆8200BTC	67.35%	177.00ZKC	2	0.0₆4900BTC	0.0₆8200BTC
34	ZKC-USDT ZKCUSDT	hitbtc	E	0.05220USDT	0.00%	0ZKC	0	0.05220USDT	0.05220USDT
35	ZKC-THB THB_ZKC	bitkub	C	1.24THB	-0.12%	16.00ZKC	1	1.24THB	1.24THB