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zkEVM

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23 May 23

Optimizations to Polygon zkEVM expected to slash fees by 20%

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Polygon zkEVM, a layer-2 scaling solution, will undergo optimizations in the following weeks, drastically reducing costs by about 20%, even without data compression. This change should make the platform more cost-effective and convenient for its users. A recent Twitter conversation, however, […]

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27 Apr 23

Polygon launches zkEVM bridge allowing quick transactions

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Polygon recently announced the official launch of Polygon bridger for Polygon zkEVM, highlighting some new functionalities allowing quick withdrawals. As part of their continuous development, Polygon announced the launch of a new bridge focused on the Polygon zkEVM layer-2 solution. This […]

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16 Apr 23

Uniswap passes proposal to launch on Polygon zkEVM

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Uniswap community has fully supported a proposal to deploy the exchange’s protocol to the Polygon Zero Knowledge Ethereum Virtual Machine rollup (zkEVM). All participating UNI token holders unanimously voted on the proposal to see a large list of projects built […]

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15 Apr 23

Uniswap to launch on Polygon’s zkEVM roll-up solution following successful vote

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Decentralized exchange (DEX) Uniswap is set to launch on the new zero-knowledge ethereum virtual machine (zkEVM) roll-up solution from scaling solution provider Polygon. The integration is expected to increase Uniswap’s total addressable market across total value locked (TVL), unique interacting wallets, […]

05 Apr 23

Ethereum scalability battle heats up with multiple zkEVM projects

zkEVM (zero-knowledge Ethereum Virtual Machine) technology can potentially revolutionize Ethereum’s scalability, and the competition among zkEVM projects tells a gripping story of innovation, rivalry, and aspiration. An ethereum (ETH) scalability battle is heating up as zkEVM projects compete for dominance. Ethereum creator Vitalik Buterin’s involvement and heated Twitter debates only add to the excitement, as […]

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02 Apr 23

zkEVM can solve verification problems in Ethereum

Ethereum, a smart contracting platform powering decentralized finance (DeFi), non-fungible tokens (NFTs) operations, and more, has a problem that cannot be solely solved by layer-2 scaling platforms, its co-founder Vitalik Buterin recently stated. In a blog, Buterin said though the network is widely used and there are users, it is a challenge to verify mainnet transactions. […]

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28 Mar 23

Polygon launches its much-anticipated zkEVM

Finally, Polygon launched Polygon Hermes, their layer-2 zkEVM network. For decentralized applications (dapps) created on the Ethereum (ETH) network, this network intends to offer fast, affordable, and secure transactions. A version of the Ethereum Virtual Machine called the zkEVM uses zero-knowledge proof (ZKP). Smart contract computation over a layer-2 network is made private and safe, […]

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27 Mar 23

Vitalik Buterin sent coded message in Polygon zkEVM launch

Ethereum co-founder Vitalik Buterin sparked intrigue by embedding an enigmatic ancient Greek message in the launch of Polygon’s zkEVM, highlighting the ever-evolving nature of blockchain technology. Ethereum co-founder Vitalik Buterin recently concealed a cryptic message in the launch of Polygon’s zkEVM, a zero-knowledge rollup designed to increase the efficiency and scalability of the Ethereum blockchain. […]

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