The primary network of Polygon zero-knowledge Ethereum Virtual Machine (zkEVM) beta is scheduled to launch on March 27.
The core network of Polygon zero-knowledge Ethereum Virtual Machine (zkEVM), a scaling solution for Ethereum, will go live on March 27.The zkEVM is a zero-knowledge rollup created to enhance encryption and blockchain.
The technology is a promising one for the future of blockchain because it attempts to speed up transactions and cut expenses. The Polygon proof-of-stake (POS) chain, which is the main chain of the blockchain platform, is currently investigating ways to include ZK technology.
This innovative concept offers potential for increased scalability. In a recent interview, Polygon co-founder Mihailo Bjelic said that the blockchain project is also looking into ways to integrate ZK technology into its primary chain, the Polygon POS chain.
The blockchain platform would advance significantly as a result of this action, enabling them to increase their offers and capabilities. Sandeep Nailwal, another co-founder said:
“Polygon zkEVM Mainnet is set to be the first fully EVM equivalent ZK rollup to reach mainnet, this represents a huge step towards scaling Ethereum and bringing Web3 to the masses. The countdown to the launch is on.”
Since the testnet went live in October, more than 75,000 ZK proofs have been generated, and 5,000 smart contracts have been deployed. The beta main network launch promises to give Ethereum developers a scalable solution.
This year, the price of Polygon’s native MATIC token increased by 56%, reflecting the growing interest in and excitement about the blockchain platform and its ground-breaking blockchain solutions.