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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.
Moonriver (MOVR) is a smart contract platform designed to bring the functionality and interoperability of Ethereum to the Kusama network. It serves as a canary network for Moonbeam, enabling developers to deploy and test their decentralized applications (dApps) in a real economic environment while benefiting from the speed and lower costs of the Kusama ecosystem.