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Crypto-cartels

Crypto-cartels is dynamics of monopolies within the blockchain ecosystem.

Screenshots

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Problem Statement

Crypto-Cartels is an innovative project that delves into the complexities of monopolistic practices within the blockchain ecosystem. Our primary objective is to illuminate the ways in which power and control can become concentrated in decentralized networks. By examining these dynamics, we aim to understand their implications for the wider cryptocurrency landscape. Through our research, we strive to highlight the potential impacts of these power structures on the development and future of blockchain technology.

Solution

The project leverages the capabilities of Polygon CDK to create and launch sovereign Layer 2 chains that are supported by advanced zero-knowledge (ZK) proofs. Furthermore, it incorporates zkEVM as a robust rollup scaling solution, enhancing the overall efficiency and scalability of the system. By utilizing these technologies, the project aims to provide a secure and scalable environment for decentralized applications.

Hackathon

ETHGlobal Brussels

2024

Prizes

  • 🏆

    Best Use of Polygon CDK4th place

    Polygon

Contributors