Cointime

Cointime

Download App
iOS & Android
Home / JUST IN

Polygon Announces the Launch of Open-Source zkEVM

Polygon has announced the launch of an open-source zero-knowledge execution virtual machine (ZK-EVM). The ZK-EVM is designed to provide a more secure and private environment for smart contract execution on the Polygon blockchain.

The ZK-EVM is a significant development for Polygon, as it could help to attract new users and developers to the platform. The use of zero-knowledge technology also provides greater privacy and security for smart contract execution, which could help to address some of the challenges and limitations of traditional blockchain-based smart contracts.

The launch of the ZK-EVM is part of a broader trend towards increased adoption of zero-knowledge technology in the blockchain and cryptocurrency industry. As more projects and platforms seek to address concerns about privacy and security, it is likely that there will be increased focus on the use of zero-knowledge technology and other privacy-enhancing technologies.

(by David Cox)

Polygon Blockchain
Comments

All Comments

Recommended for you

  • Cointime April 23th News Express

    1. EigenLayer: Deposit limits for all LST tokens will be removed on April 16

  • Shanghai Municipal Party Committee Secretary: Welcome Standard Chartered to establish more new institutions, new businesses and new platforms such as blockchain in Shanghai

    Chen Jinong, the Secretary of the Shanghai Municipal Party Committee, met with Weihao Si, the Chairman of the Board of Directors of Standard Chartered Bank, and Mark William D'Arcy, the Executive Director, and some members of the Board of Directors yesterday morning. Chen Jinong stated that he welcomes Standard Chartered Bank to leverage its own advantages, strengthen strategic connections, place more new institutions, businesses, and platforms such as wealth management and blockchain in Shanghai, focus on deepening pragmatic cooperation in technology finance, green finance, digital finance, and create more application scenarios, and provide comprehensive and professional service support for enterprises to go abroad.

  • Cointime April 5th News Express

    1.Mystiko.Network Community Sale Completed, Total $11.25 Million in XZK Sold2.Solana Co-founder Responds to the Sharp Increase in Transaction Failure Rates: Patch Coming Soon3.Ethena USDe market value exceeds 2 billion US dollars, setting a new record4.Du Jun, Executive Director and CEO of Xinhuo & Founder of ABCDE: Xinhuo Technology and ABCDE will invest 100 million US dollars to support blockchain companies that promote social development 5.QCP Capital: Bitcoin is expected to return to $70,000 this week, while Ethereum continues to be weak6.bitSmiley Labs officially launches its independent ecosystem plan, bitUniverse, and reveals its OG pass bitDisc-Black Upgraded Priviledges 7.Avalanche Foundation launches ice-breaking plan, focusing on LST track in the first phase and funding 500,000 AVAX 8.SuperRare Expands into Bitcoin Ordinals with Killer Acid's Psychedelic Art Collection 9.A dormant whale address for 8 months deposited 1,100 BTC into Binance10.Meme exchange DerpDEX.com completes multi-million dollar strategic investment, with participation from ABO Digital and others

  • Vitalik: Humanity needs to create a world where blockchain and artificial intelligence work together

    Vitalik Buterin, the founder of Ethereum, stated at BiddleAsia 2024 held at Signiel Seoul in the Songpa district on March 28 that artificial intelligence is a huge market and its importance is increasing day by day. We need to create a world where blockchain and artificial intelligence work together. Artificial intelligence can now create applications with 100 to 500 lines of code. Vitalik also stated that the ability to write 10,000 lines of code can eliminate most of the bugs in the Ethereum virtual machine.
  • cointelegraph ·

    Polygon zkEVM down due to issues with blockchain sequencer

    The crypto community has been pondering on social media about the ongoing downtime, while Polygon assures its users that it is actively working to resolve the issue.
    Polygon zkEVM down due to issues with blockchain sequencer
  • Cointime精选 ·

    Backup your life with the blockchain

    Growing up my family was always moving homes. I've never had somewhere I could really call my own. Like many other people whose families have rented home to home their entire lives, you soon realise how much of a hassle it is to have a lot of belongings. It's why I prefer to throw away a lot of my keepsakes or momentos and while it's nice to be able to look back at something that reminds you of a former time in your life. It soon starts getting impractical. There's no possible way you can hold on to every keepsake you accumulate in your life. You might have visions of sharing some of your favourite memories with your grandkids but most of the time those old drawings, trophies, shirts or whatever other item you find valuable soon get eaten away by the cruel nature of time.
    Backup your life with the blockchain

  • Terra founder Do Kwon to be extradited to U.S.

    Terra founder Do Kwon will be extradited to the United States.
  • a16z ·

    Big Tech killed the internet — blockchains can help revive it

    The early internet was a magical place because it was driven by people and their creativity. Builders knew that whatever they made, they owned — a simple promise that established the right incentives for the technology to flourish. But now, the internet is stagnating and it’s harder than ever for new apps to break through.
    Big Tech killed the internet — blockchains can help revive it

  • Cointime February 3 News Express

    1. Ripple payment service "Ripple Payments" plans to return to the US market and launch targeted solutions

  • Cointime January 14 News Express

    1.Digital asset protocol Metaplex will list its Solana inscription on January 162.Investment bank TD Cowen: The U.S. SEC will not approve an Ethereum spot ETF in the short term3.Binance, Kraken and other nine trading platforms have been removed from Google App Store in India4.Barclays economists advance forecast for Fed rate cut to start from June to March5.The Chairman of the U.S. SEC issued a statement on the theft of the SEC's official Twitter account: The impact is still being evaluated and the company is cooperating with law enforcement agencies for

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company