Mon, December 23

zkEVM Mainnet Launch by Polygon All Set For March 27 Release

Editors News
  • zkEVM will be a ZK-Rollup, which performs computations off-chain on a separate layer.
  • Proofs are used in ZK rollups to show that a transaction was not fabricated.

Polygon (MATIC), one of the most prominent scaling initiatives on Ethereum, is preparing to launch a mainnet version of its new Layer-2 scaling solution, zkEVM, on March 27. For this reason, zkEVM will be a ZK-Rollup, which performs computations off-chain on a separate layer. This will facilitate safer, more convenient, and less expensive financial dealings.

Polygon claims that zkEVM is substantially equivalent to Ethereum’s Virtual Machine (EVM). Therefore users should expect the network to support the same code as Ethereum. This paves the way for developers to use Ethereum applications on Polygon’s zkEVM network with little alterations. Proofs are used in ZK rollups to show that a transaction was not fabricated. By revealing just a little piece of data about it.

Undergone Several Tests and Audits

Polygon’s ZK rollup EVM testnet, zkEVM, went active in October. As a result, smart contracts written in the Ethereum programming language may be moved from the Ethereum blockchain to the ZK rollup without requiring rewriting. More than 75,000 ZK proofs have been created since the live testnet was brought up. And over 5,000 smart contracts have been deployed, according to official statistics.

However, it should be noted that most zero-knowledge Layer 2 solutions do not yet have Ethereum compatibility, despite the emergence of solutions like Arbitrum and Optimism, which are Optimistic Rollup-based solutions.

Additionally, the organization has indicated that additional details about Mainnet Beta will be released by Polygon Labs in the coming weeks. Security being of paramount significance, Polygon zkEVM has undergone a slew of tests and audits designed to ensure its reliability and robustness.

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Content writer by profession. A crypto lover and has passion for writing. Follows the developments of digital currency right from its launch, years ago.