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Bitget Pre-market supports Zircuit (ZRC) pre-market trading. You can buy and sell ZRC at your preferred price and quantity before ZRC is officially listed on the Bitget spot markets.
Zircuit (ZRC) converter and calculator

Zircuit (ZRC) converter and calculator

Convert 1Zircuit (ZRC) to United States Dollar (USD) equals $ 0 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Zircuit(ZRC) to United States Dollar(USD). This is the real-time data. The current conversion shows 1 ZRC at a value of 1 ZRC for 0 USD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

About Zircuit (ZRC)

What Is Zircuit?

Zircuit is an EVM-compatible, zero-knowledge rollup platform designed to provide scalability, security, and lower transaction costs in the blockchain ecosystem. By integrating Ethereum Virtual Machine (EVM) compatibility, Zircuit enables developers to deploy decentralized applications (dApps) on its network without additional programming or development frameworks, leveraging the existing Ethereum ecosystem for ease of adoption. Built on Ethereum’s Layer 2, Zircuit aims to improve transaction efficiency and data security while ensuring compatibility with Ethereum’s infrastructure.

With zero-knowledge (zk) proof technology and a layered security approach, Zircuit positions itself as a platform suitable for various decentralized finance (DeFi) applications, non-fungible tokens (NFTs), and blockchain-based gaming solutions. It offers faster transactions and additional security features, which can appeal to developers and users looking for a cost-effective alternative to Ethereum’s main network.

How Zircuit Works

Zircuit’s framework incorporates Ethereum-compatible infrastructure with zk proofs to create a hybrid rollup solution. This approach balances transaction speed and cost savings with the data integrity expected in blockchain applications. Key components of Zircuit’s operation include:

  • Transaction Processing and Sequencer-Level Security: At the core of Zircuit’s design is its Sequencer, a component responsible for organizing and processing transactions. For each batch of transactions, zk proofs are generated, which validate the correctness of all included transactions. Zircuit implements Sequencer-Level Security (SLS), a security measure that screens transactions for potential risks before they are confirmed on the blockchain. Suspicious transactions are quarantined, undergoing further checks before they are either accepted or permanently removed from the platform.

  • Fee Structure: Zircuit’s transaction fees are structured in two parts: the Execution Gas Fee and the L1 Data Fee. The Execution Gas Fee follows Ethereum’s EIP-1559 standard, allowing users to set a base fee with an optional priority fee for faster processing. The L1 Data Fee, unique to Zircuit, accounts for the cost of storing transaction data on Ethereum’s Layer 1, ensuring data accessibility and verifiability. This two-part structure aims to optimize costs for users while maintaining data security.

  • Bridge Throttling for Enhanced Security: To manage risk on cross-chain transactions, Zircuit employs bridge throttling on its canonical bridge, a mechanism that limits the rate of deposits and withdrawals. This throttling reduces the chances of potential exploits from high transaction volumes, adding an extra layer of security for users moving assets between Ethereum and Zircuit. Throttling limits may change based on network conditions and will eventually be lifted as the network matures.

  • Supported Transaction Types: Zircuit supports a range of Ethereum-compatible transaction types, including EIP-155 (Chain ID transactions), EIP-2930 (Access List transactions), and EIP-1559 transactions for optimized gas management. These standards allow users to choose transaction parameters that balance cost with processing speed, especially during high network activity.

What Is the ZRC Token Used For?

The ZRC token serves as a utility token in the Zircuit ecosystem, designed to support platform engagement, staking, and reward programs. Although Zircuit primarily relies on ETH for transaction fees, ZRC plays a role in incentivizing active community involvement and supporting the network’s long-term sustainability.

A portion of ZRC tokens is allocated for community rewards and airdrops, providing incentives for early adopters and active users. The token also enables participation in staking programs, allowing holders to earn rewards and contribute to network security. By encouraging active participation, ZRC aims to foster a supportive ecosystem that can help expand the platform’s user base and incentivize ongoing developer contributions.

For investors and participants exploring Layer 2 blockchain solutions, Zircuit presents an EVM-compatible platform with a layered security approach, zk proof integration, and scalability designed for applications in DeFi, NFTs, and beyond.

Zircuit to USD conversion rate trend

The price of Zircuit has not been updated or has stopped updating. Information on this page is for reference only.

Start by learning the basics of Zircuit: What is Zircuit and how does Zircuit work?

You can also check other cryptocurrency converters, such as BTC to USD and ETH to USD.

Bitcoin conversion tables

BTC to USD

Amount
23/11/2024 01:02 today
0.5 BTC
$49,268.77
1 BTC
$98,537.54
5 BTC
$492,687.7
10 BTC
$985,375.4
50 BTC
$4,926,877
100 BTC
$9,853,754
500 BTC
$49,268,770
1000 BTC
$98,537,540

USD to BTC

Amount23/11/2024 01:02 today
0.5USD0.{5}5074  BTC
1USD0.{4}1015  BTC
5USD0.{4}5074  BTC
10USD0.0001015  BTC
50USD0.0005074  BTC
100USD0.001015  BTC
500USD0.005074  BTC
1000USD0.01015  BTC

Ethereum conversion tables

ETH to USD

Amount
23/11/2024 01:02 today
0.5 ETH
$1,680.13
1 ETH
$3,360.26
5 ETH
$16,801.28
10 ETH
$33,602.55
50 ETH
$168,012.76
100 ETH
$336,025.51
500 ETH
$1,680,127.55
1000 ETH
$3,360,255.1

USD to ETH

Amount23/11/2024 01:02 today
0.5USD0.0001488  ETH
1USD0.0002976  ETH
5USD0.001488  ETH
10USD0.002976  ETH
50USD0.01488  ETH
100USD0.02976  ETH
500USD0.1488  ETH
1000USD0.2976  ETH
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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Zircuit and USD.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Zircuit and USD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of Zircuit in USD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.