Polygon (MATIC) zkEVM solution, a Layer-2 scaling solution based on cryptographic zero-knowledge proofs (ZKPs) designed to increase the speed and efficiency of Ethereum (ETH) transactions. This eagerly awaited scaling upgrade is expected to significantly enhance Ethereum’s (ETH) scalability potential, increase developer friendliness, and breathe fresh life into the ZKP story.
Polygon zkEVM prover mechanism can validate 250-500 transactions
Eduardo Antua, a core developer of Polygon (MATIC) zkEVM, has provided information regarding the platform’s stress testing on Twitter. According to Antua, the Polygon zkEVM prover mechanism can now validate 250-500 transactions of Ethereum-based ERC-20 tokens in approximately 2.5 minutes, significantly reducing transactional fees. Antua states that if the solution is implemented on an m6id.Metal instance, the transaction price will be $0.0001.
Polygon zkEVM prover mechanism is currently the world’s fastest zero-knowledge technology
According to Antua, the Polygon zkEVM prover mechanism is currently the world’s fastest zero-knowledge technology and the first-ever production-ready zkEVM platform. He also mentions that the prover method is no longer a bottleneck for Ethereum (ETH) scalability, which makes the platform appealing to developers and consumers.
Some people anticipate a boom in all tokens associated with the ZKP story with the debut of Polygon (MATIC) zkEVM. The most promising efforts in this sector include Loopring (LRC), Dusk Network (DUSK), ImmutableX (IMX), and Mina Protocol (MINA).
Finally, the release of Polygon (MATIC) zkEVM is a significant milestone for the Ethereum ecosystem and the blockchain industry. Polygon (MATIC) zkEVM, with its fast speeds and cheap transaction costs, is set to become a popular alternative for developers and customers looking to leverage blockchain technology without losing performance or paying hefty fees. It will be interesting to observe how Polygon (MATIC) zkEVM shapes the future of blocks
