Follow us on:

cc_icon

Post: Polygon’s zkEVM Prover: Enabling Zero-Knowledge Proof-Powered Layer-2s in Ethereum

Polygon’s zkEVM Prover: Enabling Zero-Knowledge Proof-Powered Layer-2s in Ethereum

Key Points:

  • A new zkEVM prover has been developed by Polygon, allowing EVM chains to become zero-knowledge proof-powered layers-2s in the Ethereum ecosystem.
  • Polygon’s next-generation zkEVM type-1 prover will be open source and available to Ethereum ecosystem participants.
  • The technology was developed in collaboration with Toposware and took a year to build.
  • The zkEVM prover enables the generation of ZK-proofs for mainnet Ethereum blocks at an average cost of $0.002-$0.003 per transaction.
  • The Type 1 prover is dual licensed under MIT and Apache 2.0 and will be accessible on GitHub.

Insight:

Polygon’s development of the zkEVM prover is a significant advancement for Ethereum scalability. By enabling EVM chains to become zero-knowledge proof-powered layer-2 solutions, Polygon is addressing the scalability issues faced by the Ethereum network. The open-source nature of the prover allows for broader community participation and fosters innovation within the Ethereum ecosystem. The low transaction cost of generating ZK-proofs using the prover is an attractive feature for users and developers looking for cost-effective solutions on Ethereum.

This development also highlights the growing importance of layer-2 solutions in the Ethereum ecosystem. Optimistic rollups and other layer-2 protocols can now leverage zero-knowledge proofs to enhance privacy and scalability. It is a positive step towards addressing the scalability challenges faced by Ethereum and paves the way for the adoption of more complex decentralized applications.

Hot Take:

The release of the zkEVM prover by Polygon is a significant contribution to the Ethereum ecosystem. By enabling EVM chains to become zero-knowledge proof-powered layer-2 solutions, this development has the potential to greatly improve the scalability and privacy of Ethereum transactions. The low transaction cost of generating ZK-proofs using the prover makes it an attractive option for developers and users alike. Overall, this advancement represents another step towards a more efficient and scalable Ethereum network.

Recent Posts
Social Media
Twitter
Email
Telegram
Facebook
Offers
CheekyCrypto Membership Platform
Hardware Wallets
Bitget
Swissborg
Plutus Card