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Hermez Network (HEZ) is a decentralized layer-2 scaling solution for Ethereum that utilizes zk-rollups to enhance transaction throughput and reduce costs. By aggregating multiple transactions into a single proof, Hermez Network aims to improve the scalability of the Ethereum blockchain while maintaining security and decentralization.
Avalanche (AVAX) is a decentralized platform designed to facilitate the creation and management of customized blockchain networks. It aims to provide high throughput, low latency, and secure transactions, enabling developers to build decentralized applications (dApps) efficiently.