Polygon sets launch date for zkEVM beta network

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Polygon, a scaling answer for Ethereum, these days introduced that its zero-knowledge Ethereum Virtual Machine (zkEVM) beat essential network will launch on March 27.

The zkEVM is a zero-knowledge rollup designed to improve blockchain and cryptography. The technological know-how objectives to expand transaction speed and limit costs, making it a promising answer for the future of blockchain.

Polygon is currently exploring methods to bring ZK science to its primary chain, the Polygon proof-of-stake (POS) chain. It is an interesting development that may want to carry about greater scalability opportunities.

Polygon’s co-founder, Mihailo Bjelic, stated in an interview that the blockchain venture is also exploring methods to convey ZK technology to its main chain, the Polygon POS chain. This move would signify a significant step ahead for Polygon, permitting them to expand its choices and capabilities.

“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.” - Sandeep Nailwal, Polygon co-founder.

With extra than 75,000 ZK proofs generated and 5,000 clever contracts deployed considering that the testnet went stay in October, the launch of the beta foremost community guarantees to provide a scalable answer for Ethereum developers.

The price of Polygon’s native MATIC token has risen 56% this year, which displays the growing pleasure and anticipation surrounding Polygon and its innovative solutions for blockchain.