Key Points:
Read more: Polygon Review: Top 1 Ethereum’s Layer 2 Project
This innovative prover, compatible with the Ethereum EVM standard, empowers networks to transition into second-layer networks supported by zero-knowledge proofs within Polygon’s expansive ecosystem.
The Polygon Type 1 zkEVM prover, now available on GitHub under MIT and Apache 2.0 licenses, facilitates the generation of ZK proofs for Ethereum mainnet blocks at an average transaction cost of $0.002 to $0.003. This remarkable achievement challenges previous assumptions about the feasibility and affordability of proving mainnet Ethereum blocks.
With the Polygon Type 1 zkEVM prover, any existing EVM chain can seamlessly integrate into the ecosystem, enhancing scalability and user experience via the Aggregation Layer. This advancement, spearheaded by Polygon and Toposware, aligns with Vitalik Buterin‘s framework for ZK-EVM types, where Type 1 signifies the highest compatibility with Ethereum.
The prover preserves Ethereum’s execution logic, allowing chains to utilize existing EVM clients without modifications or migrations. Moreover, it enables the generation of proofs for Ethereum blocks, offering scalability benefits for the broader Ethereum community.
As development continues, optimizations are expected to further reduce costs, with a projected decrease of 30 to 50 times. This transformative technology promises lower costs, reduced latency, and enhanced user experiences across all chains built with Polygon CDK.
The release of the open-source Polygon Type 1 zkEVM prover marks a significant milestone in Ethereum’s scalability journey, providing a public good accessible to all stakeholders.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
UK pension fund Cartwright advised the country's first defined benefit pension fund to allocate 3%…
a16z and Coinbase have pledged substantial funds to crypto PAC Fairshake, aiming to support crypto-friendly…
Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) dominate the crypto market, but experts warn that…
Discover the future as the Dogecoin price aims for a $0.7 comeback and discover why…
Willemstad, Curaçao, 4th November 2024, Chainwire
London, UK, 4th November 2024, Chainwire
This website uses cookies.