Tag Archives: zkevm

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CoinspeakerTelos Secures $1M Investment from Presto Labs, Accelerating zkEVM Layer 2 Development This capital injection will be used to develop Telos' new zkEVM Layer 2 solution powered by SNARKtor technology. Telos Secures $1M Investment from Presto Labs, Accelerating zkEVM Layer 2 Development

CoinspeakerPolygon Resolves Outage in zkEVM Beta, Eyes AI-based NFT Innovations Soon after the outage, the Emergency Council for Polygon zkEVM Mainnet Beta swiftly intervened thereby issuing a fix in no time. Polygon Resolves Outage in zkEVM Beta, Eyes AI-based NFT Innovations

CoinspeakerAstar Becomes First Blockchain to Integrate Polygon’s AggLayer The collaboration between Astar and Polygon highlights the growing trend of blockchain networks working together to overcome interoperability challenges. Astar Becomes First Blockchain to Integrate Polygon’s AggLayer

The ZKFair initiative emerges as a community-driven response to injustices and challenges in the Zero-Knowledge (ZK) landscape. It introduces transformative features and a vision for a fairer, more inclusive ZK Layer 2 network. In response to perceived injustices, inflated valuations, and domination by venture capitalists within the Zero-Knowledge (ZK) landscape, a transformative movement has emerged. Introducing the ZKFair initiative, this community-driven effort seeks to rectify the...

The Polygon community is looking forward to several community updates announced for this year, beginning with the Connect event in India. Polygon cofounder Sandeep Nailwal has shared a few updates the Polygon community should expect as the year comes to an end. In a post on X (formerly Twitter), Nailwal promised the community “exciting days ahead”. Polygon fam, as we approach the year end, some exciting days ahead for us. Save the dates. 7/12/23 : At Polygon Connect, We bring in an...

As part of the partnership, OKX will play a pivotal role as a core contributor to Polygon CDK while allocating significant engineering resources to boost the technology stack of Ethereum scaling solutions. On Tuesday, November 14, OKX announced that it is introducing a Layer 2 network based on Ethereum’s zero-knowledge (ZK) technology, developed in collaboration with the Polygon Chain Development Kit (CDK). Additionally, OKX will play a pivotal role as a core contributor to the Polygon...

Immutable Checkout boasts a one-stop-shop payment solution for digital products like in-game items and NFTs.  Immutable has introduced a new payment solution for decentralized games and the Web3 marketplace. Reports state that the blockchain gaming firm’s new scheme promises to make payments more seamless and straightforward. The consensus is that the solution, called Immutable Checkout, will also revolutionize online transactions involving digital goods. This will happen because the...

Popular on the Ethereum blockchain, zk-proofs are also coming to the Bitcoin network. ZeroSync Association is bringing zk-proofs (Zero Knowledge) to Bitcoin (BTC) even as cryptographic techniques become popular on the Ethereum blockchain. Reports state that ZeroSync, a Swiss non-profit association, received sponsorship from crypto investment platforms Geometry Research and StarkWare Industries. The newly-formed association already has a working prototype, allowing users to validate the...

According to reports, the Polygon zkEVM Mainnet Beta offers lower gas fees and could see wider adoption of Ethereum scaling technology.  The Polygon zkEVM Mainnet Beta went live on Monday, March 27th, facilitating the deployment of smart contracts with increased finality and reduced costs. The release of the zero-knowledge Ethereum Virtual Machine beta to the public comes days after rival Matter Labs released its own zkEVM. One of the main attractions of the Polygon zkEVM Mainnet Beta is...