HEZ, also known as Hermez Network, is a cryptocurrency that aims to provide a scalable and efficient solution for decentralized transactions. It is built on the Ethereum blockchain and utilizes zero-knowledge proofs to ensure privacy and security. The network is designed to enable fast and low-cost transactions, making it ideal for micropayments and other use cases that require quick and inexpensive transfers of value. HEZ tokens are used to pay for transaction fees and to participate in the network's governance.

One of the key features of Hermez Network is its use of zk-rollups, a technology that allows for the bundling of multiple transactions into a single batch. This significantly reduces the cost and time required for processing transactions, making it possible to achieve high throughput without sacrificing security or decentralization. The network also supports cross-chain transfers, enabling users to move assets between different blockchains. Overall, Hermez Network offers a promising solution for the challenges of scaling decentralized finance and enabling widespread adoption of blockchain technology.