We are proud to announce a giant leap forward for Ethereum scaling and ZK innovation.
Introducing Polygon #zkEVM, the first EVM-equivalent ZK L2.
Today we’re releasing a complete implementation, fully open-source, and we’re just getting started.
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We all know that Ethereum needs to scale, but won’t that mean sacrificing security and decentralization?
Not with Polygon #zkEVM. It inherits the security of Ethereum while increasing throughput and radically reducing fees.
The best part? It’s fully EVM-equivalent.
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EVM-equivalence means that any smart contract or dev tool that you can use on Ethereum can be used on Polygon #zkEVM. Period.
It’s just like using Ethereum, but with the groundbreaking scaling power of ZK tech.
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Like any ZK L2, Polygon #zkEVM "rolls up" a batch of transactions and uses a ZKP to validate those transactions on Ethereum.
Unlike any other ZK L2, Polygon zkEVM leverages the fastest ZK tech with #plonky2, while giving users and devs the convenience of EVM-equivalence.
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Polygon #zkEVM doesn’t sacrifice speed or raise costs to achieve this game-changing EVM-equivalence. It will achieve high throughput, low latency, and low fees.
EVM-compatibility without compromise.
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Polygon #zkEVM is the first technology of its kind. No other scaling solution harnesses the potential of ZK proofs while achieving EVM-equivalence.
And this is only the beginning.
Learn more about Polygon #zkEVM and the roadmap here 👇 [6/6]
An open forum for a decentralized collective of environmentalists, developers, and entrepreneurs to come together and ensure long-term sustainability across Web3, and beyond.
Avail takes a bold step towards a modular future, where chains specialize and work together for a much more scalable #Web3.
Here’s how it works 👇 [1/6]
#Polygon uses “modularity” to make blockchains better.
That’s a bit abstract. But Avail is a great example of this.
We've seen how scalable blockchains can become when rollups take execution off-chain.
Data availability is the next logical piece to take off-chain.
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Before this, every blockchain performed:
1️⃣ Data Availability - reach consensus on transaction (tx) order & ensure txs are available for verification
2️⃣ Execution - run txs & determine state changes
3️⃣ Settlement - final verification and arbitration
Geo is stored on @IPFS, anchored #onPolygon & indexed by @graphprotocol to solve the world's problems in a decentralized way.
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Geo is indexed by a subgraph on the @graphprotocol’s decentralized network—which also powers the display of data from live queries from other subgraphs on the network. Users can feed subgraph data into Geo pages, paying $GRT query fees in the process.
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IPFS is used to store the content itself and thus resolves the content/proposals/votes connections without posting an overly large amount of information in the smart contract transactions.
Before @0xPolygonAvail launches soon, we wanted to share an analogy to help you with an often misunderstood web3 primitive: rollups, and their evolved form, validiums.
Start your engines. 🧵
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Modular blockchains work a bit like cargo trucks picking up freight, and traveling up a steep hill.
Drivers have to inspect every transaction before they're loaded.
Once loaded, those drivers have to take every transaction to the blockchain.
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But the more transactions are in the truck, the heavier they are.
But the heavier they are, the more gas they need. And gas is expensive!
The same drivers taking the txs up the hill are the ones that have to check and that slows down the whole network.