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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.
LayerZero (ZRO) is a next-generation cryptocurrency designed to facilitate seamless cross-chain communication and interoperability between various blockchain networks. By leveraging innovative technology, LayerZero aims to enhance the scalability and efficiency of decentralized applications (dApps), allowing users to transact and interact across multiple blockchain ecosystems without friction.