Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
No Result
View All Result

Polygon tests zero-knowledge rollups, mainnet integration inbound

CryptoExpert by CryptoExpert
January 16, 2023
in Ethereum News
0
Polygon tests zero-knowledge rollups, mainnet integration inbound
  • Facebook
  • Twitter
  • Pinterest


You might also like

Law Enforcement Groups Warn CLARITY Act Section 604 Could Create AML Gaps

SpaceX tokenized stock bets top $50M in liquidations as crypto leverage reaches Wall Street

Ethereum’s Staking Tax May Already Be Obsolete Due To EthLabs

Ethereum layer-2 scaling protocol Polygon (MATIC) is carrying out performance testing of zero-knowledge rollup (zk-Rollups) technology ahead of full integration with its mainnet.

The development of the technology, called Polygon zkEVM (Ethereum Virtual Machine), has been ongoing for over three years by the Polygon Hermez team. The team has already confirmed that zero-knowledge proofs are possible on Ethereum by generating over 12,000 zk-Proofs in a primary version of the zkEVM testnet.

David Schwartz, project lead of Polygon zkEVM and PolygonID, unpacked the development of the functionality in correspondence with Cointelegraph. Layer-2 platforms have continued to evolve and improve functionality which has played a key role in driving Ethereum’s scalability.

As he explained, zero-knowledge rollups have increased the speed at which layer-2 platforms can achieve finality while ensuring secure validation of transactions with zero-knowledge technology. In blockchain terms, finality is the point at which a block of transactions is considered to have been permanently and irreversibly added to the blockchain:

Betfury

“Finally, we have zkEVMs, such as Polygon zkEVM, that offer all the above in addition to the equivalence to Ethereum Virtual Machine with its advanced methods of zk-STARKs and zk-SNARKs.”

According to Schwartz, Polygon zkEVM includes the first complete source code available EVM-equivalent zkProver, which passes all Ethereum vector tests at over 99%. He described the completion of validity proofs for conventional user transactions as “the most challenging and rewarding effort” since his team began developing its native zkEVM.

Cast your vote now!

Two years ago, the Polygon team estimated that developing zk-Rollups with EVM compatibility would take up to ten years. Given the strides made, the team describes zkEVM as the end game, combining advances with layer-2 scalability and fast finality. This offers a myriad of benefits to users when adding greater throughput and lower fees.

Cointelegraph also queried the difference between Polygon zkEVM and fellow Ethereum layer-2 scaling network StarkNet’s proprietary ZK-SNARK and ZK-STARK technology. As previously reported, Zero-Knowledge Scalable Transparent Argument of Knowledge, or zk-SNARKS, primarily increases scalability by batching thousands of transactions with a single proof to confirm validity on-chain.

Related: What the Ethereum Merge means for the blockchain’s layer-2 solutions

Schwartz said the main difference between the projects is that zkEVM focuses on natively scaling the Ethereum ecosystem instead of other zk-Rollups just scaling transactions and enhancing performance in a different VM format.

Polygon’s approach purports to meet the classification of a type 2 zkEVM described by Ethereum co-founder Vitalik Buterin in August 2022. As per Buterin’s summary, type 2 zkEVMs aim to be fully compatible with existing applications, but make minor modifications to Ethereum for easier development and faster proof generation. Schwartz added:

“In contrast, StarkNet is positioned as a Type 4, introducing a new high-level language and requiring transpilers to translate solidity code into their language.”

At the same time, Schwartz welcomed the opportunity to have more benchmarks and source code available from other projects in order to learn from different approaches. Activity on Ethereum layer-2 solutions continues to grow, with blockchain data showing that transaction volume Arbitrum and Optimism overshadowed transactions on the Ethereum mainnet going into 2023.



Source link

  • Facebook
  • Twitter
  • Pinterest
Tags: Ethereum
CryptoExpert

CryptoExpert

Recommended For You

Law Enforcement Groups Warn CLARITY Act Section 604 Could Create AML Gaps

by CryptoExpert
June 26, 2026
0
Ripple SEC court update XRP lawsuit

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A coalition of US law enforcement organizations has reportedly warned that part of the Digital...

Read more

SpaceX tokenized stock bets top $50M in liquidations as crypto leverage reaches Wall Street

by CryptoExpert
June 25, 2026
0
Liam 'Akiba' Wright

SPCX has already turned SpaceX’s post-debut volatility into a crypto-native liquidation event.SpaceX-linked perpetual contracts exceeded $50 million in 48-hour liquidations as the underlying stock tested its $150 Nasdaq...

Read more

Ethereum’s Staking Tax May Already Be Obsolete Due To EthLabs

by CryptoExpert
June 24, 2026
0
Cointelegraph

Ethereum is running out of money, according to former insiders. The warning has sparked one of the fiercest Ethereum governance debates in months: should the network fund developers...

Read more

Ethlabs Launches with Former Ethereum Foundation Researchers and Institutional Backing

by CryptoExpert
June 23, 2026
0
Ethlabs Launches with Former Ethereum Foundation Researchers and Institutional Backing

TLDR: Ethlabs was founded by five former Ethereum Foundation researchers focused on core protocol work. The nonprofit will research scalability, settlement efficiency, interoperability, and economics. Backers include Bitmine,...

Read more

Secret Network Bridge Exploited for $4.67M in Infinite-Mint Attack

by CryptoExpert
June 22, 2026
0
network

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Secret Network has confirmed a significant security incident involving its Axelar bridge, which was exploited...

Read more
Next Post
Cryptocurrency price prediction: AGIX, MULTI, Aptos

Cryptocurrency price prediction: AGIX, MULTI, Aptos

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

Sitemap

  • Market Cap
  • Donations
  • Trading
  • Mining
  • Contact

Legal Information

  • Privacy Policy
  • Anti-Spam Policy
  • Copyright Notice
  • DMCA Compliance
  • Social Media Disclaimer
  • Terms Of Service

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

© Copyright 2024 InvestInCryptoNews.com

No Result
View All Result
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO

© Copyright 2024 InvestInCryptoNews.com

This website is using cookies to improve the user-friendliness. You agree by using the website further.

Privacy policy
bitcoin
Bitcoin (BTC) $ 58,817.00
tether
Tether (USDT) $ 0.99857
ethereum
Ethereum (ETH) $ 1,531.73
bnb
BNB (BNB) $ 554.56
usd-coin
USDC (USDC) $ 0.99974
xrp
XRP (XRP) $ 1.02
solana
Solana (SOL) $ 68.62
tron
TRON (TRX) $ 0.318524
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.03
staked-ether
Lido Staked Ether (STETH) $ 2,265.05

Pin It on Pinterest

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?