An environment of healthy competition is being fostered between the Ethereum (ETH) ecosystem’s top development firms building zkEVMs to scale the network, according to one of Polygon’s co-founders.
Jordi Baylina, technical lead of Polygon Hermez zkEVM, spoke to Cointelegraph ahead of the start of EthCC in France. With builders from across the Ethereum ecosystem converging on Paris, zero-knowledge proof (ZK-proofs) scaling tools are set to be a major focal point.
Polygon zkEVM (Ethereum Virtual Machine) uses ZK-proofs to reduce transaction costs and increase throughput of the Ethereum network, while taking advantage of the security and finality of the layer-1 blockchain.
ZK-proofs have proved to be an important scaling tool for the Ethereum ecosystem in particular. The technology allows protocols like Polygon’s zkEVM to handle transaction computations off-chain, before providing a resource-lite proof to the Ethereum mainnet without revealing any of the data associated.
Related: Ethereum scaling protocols drive zero-knowledge proof use in 2023
Baylina, who is at the helm of Polygon’s zkEVM, says the breadth of development being done with ZK technology has been hugely beneficial to the wider Ethereum ecosystem:
“Having different projects adds a lot of experience and it’s also a way to test different approaches, ways of handling things or solving things.”
Baylina added that various projects emulate good advances and try to make them better while failings act as a learning for all ZK-based projects in the space.
Polygon zkEVM is live on mainnet and the network is closing in on 250,000 unique active addresses. It’s daily active Polygon zkEVM addresses is also trending upwards, with both metrics suggesting that user adoption is growing.
Related: ConsenSys launches Linea zkEVM to further scale Ethereum
Meanwhile Baylina highlighted the number of applications that are building on Polygon zkEVM as the most…
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