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
  • BLOG
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
  • BLOG
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

Why Abstract is killing its Ethereum L2 instead of launching a token to save it

EEZ tests atomic L1-to-L2 transaction in push to unify Ethereum

Sunday Pump, Monday Dump: Bitcoin Pattern Returns as TD Sequential Signals Flash on BTC, ETH, SOL

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:

okex

“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

Why Abstract is killing its Ethereum L2 instead of launching a token to save it

by CryptoExpert
October 7, 2026
0
Why Abstract is killing its Ethereum L2 instead of launching a token to save it

Abstract will shut down on Dec. 15 despite onboarding more than 400,000 users, hosting 144 apps, and landing brands including Disney and Red Bull Racing.The consumer-focused Ethereum layer-2...

Read more

EEZ tests atomic L1-to-L2 transaction in push to unify Ethereum

by CryptoExpert
October 6, 2026
0
Cointelegraph

An EEZ contributor shared a 0.001 ETH cross-chain test as the project develops a framework to connect Ethereum mainnet and its rollups. Source link

Read more

Sunday Pump, Monday Dump: Bitcoin Pattern Returns as TD Sequential Signals Flash on BTC, ETH, SOL

by CryptoExpert
October 5, 2026
0
Bitcoin Price Predictions

TLDR: Bitcoin’s Sunday moves have often reversed on Monday over the past month, according to Ali Charts.  A TD Sequential sell signal on Bitcoin’s four-hour chart followed four...

Read more

Stablecoins may not drain banks of dollars but they can still make lending more expensive

by CryptoExpert
October 4, 2026
0
Stablecoins may not drain banks of dollars but they can still make lending more expensive

Here's a hypothetical scenario: you want to use $100 out of your bank account to buy newly issued stablecoins. The company issuing the stablecoins takes your dollars, puts...

Read more

Arbitrum pauses new Stylus activations over AI-assisted attack risks

by CryptoExpert
October 3, 2026
0
Arbitrum pauses new Stylus activations over AI-assisted attack risks

Arbitrum's Security Council temporarily blocked new Stylus contract activations on Arbitrum One and Nova in an October 2 emergency action, restricting programs and app updates that require fresh...

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
  • BLOG

© 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) $ 83,382.00
ethereum
Ethereum (ETH) $ 2,567.41
tether
Tether (USDT) $ 0.999647
bnb
BNB (BNB) $ 771.44
xrp
XRP (XRP) $ 1.42
usd-coin
USDC (USDC) $ 0.999731
solana
Solana (SOL) $ 115.84
tron
TRON (TRX) $ 0.335285
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.02

Pin It on Pinterest

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