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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.
Wormhole (W) is a cross-chain communication protocol that enables the seamless transfer of assets and information between different blockchain networks. By utilizing its unique bridge technology, Wormhole facilitates interoperability and enhances the usability of decentralized applications across various platforms.