# Prom > Prom is a modular ZkEVM Layer 2, developed by Prometeus Labs, offering rapid transactions and scalable dApp development with reduced costs via zkSNARKs cryptogr... - Canonical URL: https://iq.wiki/wiki/prom - Categories: Cryptoassets - Tags: Infrastructure - Created: 2024-04-22T10:53:51.773Z - Last updated: 2024-04-28T03:49:50.779Z - Source: IQ.wiki — the world's largest blockchain and crypto encyclopedia (https://iq.wiki) --- **Prom** is a modular ZkEVM [Layer 2](https://iq.wiki/wiki/layer-2) founded in 2018, that enables interoperability across various chains, including both EVM (Ethereum Virtual Machine) and non-EVM-compatible networks. Prom submits its proof of transaction to the additional chains on top of the chosen Settlement chain, building the bridge between ecosystems. [\[1\]](#cite-id-5jrb8qpgwai)[\[2\]](#cite-id-jtqx4cr4sok) # Overview Developed by Prometeus Labs, Prom's core offering is a Layer 2 (L2) scaling solution built on existing L1 [blockchains](https://iq.wiki/wiki/blockchain). It leverages [zk-SNARKs](https://iq.wiki/wiki/zk-snark) (zero-knowledge succinct non-interactive arguments of knowledge) cryptography, a privacy-preserving technology that verifies computations without revealing the underlying data. This zkEVM (Zero-Knowledge Ethereum Virtual Machine) architecture enables Prom to inherit the security of the underlying L1 chain while offering significantly faster transaction processing and lower fees. [\[3\]](#cite-id-7q7cu7arugf) ## Utility Powered by [Polygon](https://iq.wiki/wiki/polygon), PROM zkEVM uses [zkSNARKs](https://iq.wiki/wiki/zk-snark) to reduce transaction costs, offering users an economical [blockchain](https://iq.wiki/wiki/blockchain) solution. It harnesses Polygon Zero for rapid transactions and scalable [dApp](https://iq.wiki/wiki/decentralized-application) development, due to recursive STARK technology. [\[1\]](#cite-id-5jrb8qpgwai) PROM integrates with existing [Ethereum](https://iq.wiki/wiki/ethereum) infrastructure, minimizing development overhead, it ensures secure and immutable transactions by combining Ethereum's security with the efficiency of [ZK proofs](https://iq.wiki/wiki/zero-knowledge-proofs-zkps). [\[1\]](#cite-id-5jrb8qpgwai) # PROM Token $PROM is the native token that powers the Prom zkEVM ecosystem, facilitating transactions, empowering users with governance, and incentivizing community contributions. [\[4\]](#cite-id-fb7zelf244p) $PROM token grants users decision-making power, shaping the future of the network, it fuels transactions and contract interactions, and it provides access and engagement with a diverse range of network services. [\[1\]](#cite-id-5jrb8qpgwai)[\[4\]](#cite-id-fb7zelf244p) # Partnerships ## Prom x Automata Network On March 18, 2024, Prom partnered with Automata Network, a modular attestation layer to pioneer advancements in [blockchain](https://iq.wiki/wiki/blockchain) technology. [\[5\]](#cite-id-stf8lxv99l) > Partnership with Automata Network fosters the upgrade of Prom’s infrastructure, offering a more efficient framework. This collaboration also broadens our array of developer tools that would further enable developers to build on top of Prom with ease. - the announcement mentioned[\[5\]](#cite-id-stf8lxv99l) ## Prom x Bailsec On March 20, 2024, Prom unveiled its first Security Partner, Bailsec, a leading provider of Smart Contract Audits and Security services. [\[6\]](#cite-id-h9snc6wwvz) > This integration is a significant step in our journey to build a secure ecosystem. Bailsec brings an unparalleled expertise of ensuring the safety and integrity of Web3 products that will transmit to every user interacting with our protocol. [\[6\]](#cite-id-h9snc6wwvz) Recognizing the importance of security in the modern blockchain space, Prom's alliance with Bailsec is designed to strengthen its ecosystem and offer projects within the network access to top-tier services. By integrating Bailsec’s expertise directly into the Prom's network, the network aims to ensure the total safety of every transaction and data. [\[6\]](#cite-id-h9snc6wwvz) ## Prom x Blockscout On March 21, 2024, Prom welcomed Blockscout, a leading open-source explorer for [Ethereum](https://iq.wiki/wiki/ethereum) & EVM-compatible chains, into its ecosystem. [\[7\]](#cite-id-9ek5ujhlvdr) > This integration heralds a new chapter in our commitment to enhancing blockchain transparency and accessibility for users and developers alike.[\[7\]](#cite-id-9ek5ujhlvdr) Together, both platforms aim to leverage their collective strengths to foster a more transparent, accessible, and interconnected blockchain community. They aim to offer the community real-time viewing of transactions, advanced [smart contract](https://iq.wiki/wiki/smart-contract) verification, and in-depth token tracking. [\[7\]](#cite-id-9ek5ujhlvdr)