Polygon zkEVM, The Future Of Ethereum Scaling Is Here!
Polygon confirms ETH compatible zero-knowledge scaling solution. Polygon, a Web3 infrastructure provider, announces the launch of Polygon zkEVM (zero-knowledge Ethereum Virtual Machine) on 20 July 2022, which is said to be the “first” Ethereum-compatible scaling solution that uses the cryptographic method called zero-knowledge proofs. zkEVM is set to reduce network fees by almost 90% and even more in future iterations,that is…