Polygon Develops ZK Layer 2 Ethereum Prover for Any EVM Blockchains
Date: 2024-02-09 Author: Dima Zakharov Categories: IN WORLD
Polygon's Breakthrough Development
Polygon, the developer behind Ethereum's scaling solutions, has introduced a groundbreaking verification tool known as Polygon zkEVM Type 1. This innovation empowers blockchain ecosystems to access Layer 2 functionality through Zero-Knowledge Proofs (ZK-proofs).
Open Source Access
Polygon has announced that its next-gen Polygon zkEVM Type 1 prover will be open-source, available on GitHub under dual licenses MIT and Apache 2.0. This move aims to foster collaboration within the Ethereum ecosystem.
Cost-Efficiency in Blockchain Verification
Co-founder of Polygon, Brendan Farmer, highlights the cost-effectiveness of their technology, allowing for Ethereum block verification with transaction costs as low as $0.002 to $0.003.
Eliminating Barriers with ZK Technology
Polygon's development brings forth implications for the broader Ethereum ecosystem, enabling ZK-proof generation for any blockchain based on the Ethereum Virtual Machine (EVM). This advancement eliminates the need for users and services to maintain full nodes, streamlining operations.
Promising Advancements in Ethereum
The introduction of the zkEVM structure, proposed by Ethereum co-founder Vitalik Buterin, revolutionizes blockchain compatibility, ranging from 1 to 4, with Type 1 Prover boasting the highest Ethereum compatibility.
Facilitating Integration with Optimistic Rollups
Polygon's technology facilitates the integration of popular Ethereum Layer 2 protocols like Optimistic Rollups, addressing challenges such as the seven-day withdrawal delay, thus enhancing user experience and cost efficiency.
Embracing Open Source Ideals
By making their technology open-source, Polygon aligns with Ethereum's ethos of openness and accessibility, fostering innovation and collaboration within the community.
Toward Polygon 2.0
Polygon's recent advancements align with their vision for Polygon 2.0, aiming to unify Layer 2 networks and scaling technologies through inter-chain coordination protocols, with plans for unified ZK-based L2 blockchains in 2024.
