Polygon has launched a Zero-Knowledge-Based rollup network that will feature Ethereum founder Vitalik Buterin as the first tokenized transaction in a live YouTube session scheduled for 10:30 a.m. EDT.
Called Polygon zkEVM, the network has been in development for a year and provides a scalable solution for Ethereum apps, where ZK-rollups are processed offline in the secondary layer for fast transactions. and cheaper while keeping Ethereum’s security first.
The network is equivalent to EVM, meaning it supports the same code as Ethereum and allows developers to use existing tools and infrastructure. The development team says the mainnet is permissionless. And anyone can link assets and use them in the zkEVM native app.
“With zkEVM, you will be able to deploy Ethereum applications without any modification using existing Ethereum developer tools such as Remix and interact with the network using standard wallets such as Metamask,” said Mihailo Bjelic, author of zkEVM. Polygon co-founder said in an interview, “There are currently nearly 6,000 smart contracts deployed on the test network without any modifications. not even a little.”
ZK-rollup is a layer 2 scaling solution for blockchain networks such as Ethereum to improve transaction throughput and reduce transaction fees.
Polygon’s zkEVM launch has attracted more than 50 projects from the crypto, web3 and gaming space, including dApps such as Lens and Aavegotchi, DeFi projects 0xvix and Quickswap, as well as Etherscan, Phantom, Midnight Society, Luganodes, Celer, Gameswift, and Yeeha. Games In addition to these projects, the Uniswap exchange and the Aave lending protocol also have a regulatory proposal to participate in the Polygon zkEVM Mainnet Beta.
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