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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.
peaq (PEAQ) is a specialized cryptocurrency designed to empower the decentralized economy of machines and vehicles. By leveraging blockchain technology, it facilitates secure and efficient transactions between autonomous devices, enabling them to operate seamlessly within a shared ecosystem.