Blockchain

Polygon Connects EVM Chains To Ethereum With “Insanely Efficient” Type 1 Prover Touted As Technological Feat By Vitalik Buterin

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Polygon Labs launched a “Type 1 prover,” which marks a technological feat that even Ethereum’s Vitalik Buterin has touted as key to creating auxiliary layer-2 networks practically equal to the bottom blockchain.

“Polygon has again demonstrated that it leads the industry in the development of ZK technology by delivering a Type 1 zkEVM that is insanely efficient,” mentioned Brendan Farmer, a co-founder of Polygon, in an e-mail to CoinDesk.

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Ethereum co-founder Vitalik Buterin beforehand wrote in regards to the several types of provers. With regards to a Type 1 prover, the Ethereum co-founder mentioned that it has the good thing about being completely suitable with Ethereum.

However a significant drawback is that loads of computational energy is required to provide ZK-proofs which are suitable with the Ethereum community. He additionally famous that this course of can take as much as hours.

Polygon’s Type 1 prover types a part of the mission’s 2.0 roadmap, which focuses on making its ecosystem extra interconnected. With the introduction of this mechanism on Feb. 8, any community suitable with Ethereum’s EVM commonplace can develop into a layer-2 community powered by zero-knowledge proofs. It additionally offers these networks entry to Polygon’s broader ecosystem.

The chains can then plug into Polygon’s new Aggregation layer, which supplies entry to “all of the liquidity and value on Ethereum itself, ” in response to a Feb. 8 X publish. Polygon additionally mentioned the sort 1 prover will have the ability to generate the ZK proofs which are suitable with Ethereum mainnet blocks. 

Blockchain Transaction Prices Will Bear A Dramatic Discount

The typical price for a transaction by means of the Type 1 prover will probably be between $0.002-$0.003, in response to the publish. Polygon’s staff believes that there will probably be a 30 to 50X discount in transaction prices within the subsequent yr.

The Type 1 prover will probably be one other configuration accessible to initiatives constructing with the Polygon Improvement Equipment (CDK), which is the modular toolkit for spinning up ZK Layer-2 networks.

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