1/8 It's official: #Polygon welcomes @MirProtocol, a groundbreaking ZK startup in a $400M deal!
Mir's amazing team developed the world’s fastest ZK scaling tech; we are joining hands to utilize it and build Polygon Zero - a highly-scalable, Ethereum-compatible ZK Rollup. 🦄💫
Mir's amazing team developed the world’s fastest ZK scaling tech; we are joining hands to utilize it and build Polygon Zero - a highly-scalable, Ethereum-compatible ZK Rollup. 🦄💫
2/8 We recently announced our strategic focus & $1B funds for ZK-based solutions.
Following the announcements of @0xPolygonHermez, #PolygonNightfall & @0xPolygonMiden we are continuing our quest to become the ZK powerhouse with our work on Polygon Zero.
blog.polygon.technology/the-polygon-th…
Following the announcements of @0xPolygonHermez, #PolygonNightfall & @0xPolygonMiden we are continuing our quest to become the ZK powerhouse with our work on Polygon Zero.
blog.polygon.technology/the-polygon-th…
3/8 Polygon Zero is a highly-scalable, Ethereum-compatible ZK Rollup.
Solutions like this can be the Holy Grail of #Ethereum scaling, but they do not exist yet.
One missing piece has been efficient recursive proofs, as recursion enables much better performance. This ends now!
Solutions like this can be the Holy Grail of #Ethereum scaling, but they do not exist yet.
One missing piece has been efficient recursive proofs, as recursion enables much better performance. This ends now!
4/8 We are announcing #plonky2, a recursive proof system that is:
1⃣ Incredibly fast - 0.17 seconds to generate proofs on a laptop; by far the fastest implementation available today
2⃣ Ethereum friendly - Can support Ethereum transactions & is practical to verify on Ethereum L1
1⃣ Incredibly fast - 0.17 seconds to generate proofs on a laptop; by far the fastest implementation available today
2⃣ Ethereum friendly - Can support Ethereum transactions & is practical to verify on Ethereum L1
5/8 Additionally, unique features of plonky2 open the door for horizontal scaling, where the throughput increases with every node that gets added to the network.
💫 We believe this engineering breakthrough will be a huge value-add and will open new frontiers of Ethereum scaling.
💫 We believe this engineering breakthrough will be a huge value-add and will open new frontiers of Ethereum scaling.
6/8 🤗 The whole Mir team is joining #Polygon to build @0xPolygonZero.
The team is one of the most talented groups working on ZK, with impressive backgrounds & skill sets, from engineering at Google to PhD research in pure math & degrees from top crypto research institutions.
The team is one of the most talented groups working on ZK, with impressive backgrounds & skill sets, from engineering at Google to PhD research in pure math & degrees from top crypto research institutions.
7/8 The development of Polygon Zero is already well underway.
A part of the solution is a transpiler that will make Solidity contracts compatible with Zero VM.
This design is conceptually similar to zkSync 2.0, but with significant optimizations and high proving efficiency. 💫
A part of the solution is a transpiler that will make Solidity contracts compatible with Zero VM.
This design is conceptually similar to zkSync 2.0, but with significant optimizations and high proving efficiency. 💫
8/8 For more details, read the announcement blog: bit.ly/Mir-Joins-Poly…
We believe #Polygon now has all the necessary components to become the industry’s leading ZK powerhouse and push the frontiers of innovation in this exciting field.
Let's bring the world to Ethereum! 🦄💫
We believe #Polygon now has all the necessary components to become the industry’s leading ZK powerhouse and push the frontiers of innovation in this exciting field.
Let's bring the world to Ethereum! 🦄💫
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