Polygon, a leading layer-2 scaling solution for Ethereum, is set to launch its zk-rollup, zkEVM, in early 2024. zkEVMs are a type of layer-2 scaling solution that uses zero-knowledge proofs to validate transactions, which can significantly reduce the cost and transaction times on Ethereum.
Polygon has been working on zkEVM for several years and has now reached a stage where it is ready for public beta testing. The mainnet beta is expected to be launched in the coming weeks, and it will allow developers to test out zkEVM and start building applications on it.
zkEVM is expected to have a significant impact on the Ethereum ecosystem. It will significantly reduce transaction fees and improve scalability, enabling Ethereum to support a wider range of applications. This could bring Ethereum to a mainstream audience and make it a viable platform for everyday use.
In addition to its technical advantages, zkEVM is also expected to be more user-friendly than other zk-rollups. This is because it is fully compatible with the Ethereum Virtual Machine (EVM), so developers can use existing Ethereum tools and infrastructure to build and deploy applications on zkEVM.
The launch of zkEVM is a significant milestone for Polygon, and it is expected to significantly impact the Ethereum ecosystem. zkEVM can potentially revolutionize the way we use Ethereum, and it is a project worth watching closely.
Polygon is a leading layer-2 scaling solution for Ethereum. It is a blockchain network compatible with the Ethereum Virtual Machine (EVM), meaning that developers can use existing Ethereum tools and infrastructure to build and deploy applications on Polygon. Polygon is designed to be more scalable and efficient than Ethereum, and it has already been adopted by several major projects, including Aave, Curve, and SushiSwap.
One day until the launch of Polygon #zkEVM Mainnet Beta.
One day until the journey to the frontier of Web3 begins.
One. Day.
Ready? Sign up for zkDay 2.0 to celebrate the launch, featuring special guests 👀 https://t.co/WVzx1qPwOg
Meet you at the horizon. pic.twitter.com/YIGvTnUxcb
— Polygon (@0xPolygon) March 26, 2023
