For everyone wondering what the highlights of Polygon ID are:
- Reduces complexity & compiles zkSNARK circuits.
- Onboarding includes native apps, SDK’s and whitelabel solutions.
- On-chain private verification is done using zkQuery Language.
[2/7]
Polygon ID is all about building on Web3 without any risk.
- Prove your access rights, not your identity.
- Most advanced privacy that can still run on a user’s device.
- Aligned with Web3 privacy ethos.
[3/7]
Polygon ID. Ensuring privacy is secure by miles.
- dKYC for ICO, AirDrops, and access to DEX.
- No need to rely on intermediary channels to execute interactions.
- Compose validation with generic Smart Contracts or NFTs, but with privacy.
[4/7]
Polygon ID empowers you to:
- Deploy existing solutions and create new ones
- Accomplish KYC, KYB, attestation
- Leverage emerging crypto system via a distribution channel
[5/7]
The Roadmap: The solution will include tools to learn, test & integrate.
Product portfolio:
-Polygon ID Wallet app: integrate for custom applications
-Polygon ID Platform: define & manage trust requirements
-Polygon ID Connect: access across user wallets & applications
[6/7]
Polygon ID aligns with Web3 ideology
-Private-by-default: guaranteed privacy
-Decentralization: giving users control of personal data
-Computational trust: express identity attributes as claims to create compound proofs
-Permissionless: open for all [7/7] bit.ly/OwnYourIdentity
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1⃣ Incredibly fast: 0.17 secs to generate recursive proofs on a laptop; by far the fastest implementation available today.
2⃣ Ethereum friendly: Can support #ETH txns & is practical to verify on Ethereum L1.
3/5 🚀 Furthermore, the unique features of #Plonky2 open the door for future engineering breakthroughs such as horizontal scaling of blockchain networks, where the throughput increases with every node that gets added to the network.
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. 🦄💫
2/8 We recently announced our strategic focus & $1B funds for ZK-based solutions.
1/7 💫 We are proud to reveal the newest member of the Polygon family - Polygon Miden, an upcoming STARK-based, EVM-compatible Rollup!
The project is led by @bobbinth, former Facebook's lead ZK researcher who led the development of Winterfell.
A 🧵 on why this is exciting...
2/7 We recently announced our strategic focus and $1B fund for ZK-based solutions.
Following the announcements of @0xPolygonHermez (and zkEVM) and Polygon Nightfall, we are continuing our quest to become the ZK powerhouse with our work on Polygon Miden.
We have started collaboration with EY, a global professional services and technology firm, on building Ethereum scaling and enterprise solutions!
As part of this collaboration, we will work on Polygon Nightfall, a privacy-focused Rollup!
2/9 EY announced Nightfall in 2019 as a set of protocols for enabling private transactions on Ethereum.
Although it is a great contribution that quickly gained a lot of attention, Nightfall's wider adoption was hindered by congestion and high gas fees on the Ethereum mainnet.
3/9 The EY team started exploring Ethereum scaling solutions to mitigate these challenges and eventually released Nightfall 3 - the latest, scalable version of Nightfall.
Along the way, the EY team started collaborating with Polygon, and the idea Polygon Nightfall was conceived.