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EVM-Compatible Blockchains Set to Transition to Layer 2 Protocols within Ethereum Framework
Polygon has enhanced its Type 1 Prover technology, enabling any Ethereum Virtual Machine (EVM)-compatible blockchain to function as Layer 2 (L2) protocols utilizing zero-knowledge proof (ZKP).
Polygon Labs revealed a significant upgrade to its Type 1 Prover technology, with contributions from Toposware developers. Following this update, the technology allows any EVM blockchain to serve as a Layer 2 solution within the Ethereum ecosystem and integrate with AggLayer. This advancement will also greatly enhance the network’s overall efficiency and cost-effectiveness.
AggLayer is a ZKP solution developed by Polygon that facilitates the connection of various networks into a unified framework, thereby streamlining user interactions with Web3 products. Polygon representatives announced this launch in late January.
The developers envision that the Type 1 Prover technology will ultimately underpin transaction validation in protocols built with Polygon CDK. This technology is incorporated into the validation tool Polygon zkEVM. The update is expected to accelerate transaction processing by around 3,600%, with transaction fees estimated between $0.002 and $0.003.
Upon the update of the Type 1 Prover, the cost of adding a complete block containing numerous transactions to the Ethereum mainnet will range from $0.2 to $0.5. Furthermore, ongoing development and optimization of the technology aim to reduce the future cost of a block by 30-50 times.
Last summer, the Polygon team announced initiatives to implement a series of updates aimed at creating interconnected blockchain networks based on zero-knowledge proof (ZKP). This initiative was named Polygon 2.0. A few months later, Polygon CDK, a toolkit designed for developers to create fully interoperable ZK Layer 2 protocols within the Ethereum ecosystem, was introduced.
Сообщение EVM-Compatible Blockchains to Become L2 Protocols in Ethereum Ecosystem появились сначала на CoinsPaid Media.