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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.
Powerledger (POWR) is a cryptocurrency designed to facilitate the trade and management of renewable energy. It operates on a blockchain platform that enables peer-to-peer energy trading, empowering consumers to buy and sell excess energy generated from renewable sources, such as solar panels.