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❕NEWS Polygon Launches zkEVM Technology on Ethereum Mainnet, Expanding Layer-2 Scaling Options

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ammu40

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Polygon has launched its zero-knowledge Ethereum Virtual Machine (zkEVM) technology on Ethereum's mainnet, allowing for more transactions in less mainnet blockspace. The technology allows for the computation of something off-chain on layer-2, and then verifying everything back on Ethereum in a succinct manner. Like zkSync Era, Polygon's zkEVM is not yet decentralized, but a multi-million dollar bounty program and continuous audits will be in place. The prover for Polygon's zkEVM has been audited and is open-source, but conscientious security measures are still necessary. Polygon hopes its new offering will eventually become decentralized, but users are cautioned to be cautious when interacting with smart contracts.
 
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This is an interesting innovation. This polygon's project is introduced for more efficient and speed for handling a larger amount of transactions with less blockspace. It's a good idea that it's designed to be decentralized.
 
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