zkRank Litepaper

Abstract:

zkRank is a decentralized rating platform built on blockchain technology, aiming to provide fair, transparent evaluations, and trustworthy interaction records for Web3 projects. Through on-chain interactions, zkRank achieves low-cost rating experiences, empowering users with more control and data ownership. The objective of zkRank is to foster the prosperous growth of the Web3 ecosystem, establishing a community-driven rating platform where every participant's voice is heard.

1. Introduction

As Web3 technology evolves, an increasing number of projects emerge, offering users more choices. However, the quality assessment of these projects faces issues of bias and manipulation. zkRank is designed to address these challenges by offering a fair, transparent rating platform for the Web3 ecosystem.

2. Core Features of zkRank

• Decentralized Rating: zkRank is built on blockchain technology, enabling decentralized project evaluations to ensure fairness and credibility in the rating process.
• On-Chain Interaction: Users can participate in ratings through on-chain interactions, creating high-quality transaction records while reducing rating costs.
• Low Cost: Emphasizing low interaction costs, zkRank encourages greater user participation in project evaluations.
• Community-Driven: zkRank aims to establish a community-driven rating platform where each participant contributes to project ratings.
• Open-Source Project: zkRank is an open-source project, promoting community contributions and collaboration.

3. Technical Architecture

zkRank is built on zkSync and other zkRollups, utilizing zkRollup technology to achieve efficient blockchain interactions. Smart contracts are employed to implement rating logic and user interactions, ensuring data security and privacy.

4. Use Cases

zkRank's primary use cases include, but are not limited to:

• Project Evaluations: Users can participate in rating various projects to understand their characteristics and strengths.
• Investment Decision: Investors can make more informed investment decisions based on zkRank ratings.
• Project Showcase: Developers can leverage zkRank ratings to increase project credibility and transparency.

5. Future Plans

zkRank is committed to continuous development and improvement, with future plans including, but not limited to:

• Continuous optimization of the rating mechanism to enhance accuracy and fairness.
• Expanding support for more Web3 projects, offering comprehensive evaluation services.
• Fostering community collaborations to establish a thriving Web3 rating ecosystem.
• Allocating a portion of specific profits back to the community as a gesture of gratitude to our users.

6. Conclusion

zkRank aims to become a trusted rating platform within the Web3 ecosystem, providing users and projects with reliable evaluation services. We will continuously innovate and improve to make a positive contribution to the development of Web3 projects.

Note: The above content is a summary of the zkRank whitepaper. The actual whitepaper will include more detailed technical aspects, use cases, and future plans.