Polygon set March 27 for the beta launch of its zkEVM main network, aiming to scale Ethereum. The development is expected to boost transaction speeds, reduce costs, and enhance blockchain adoption. Polygon announced the launch in a recent blog post and promised to release more information soon.
ZkEVMs are zero-knowledge rollups that process transactions faster on a layer 2 before sending data back to the mainnet blockchain. This approach uses “proofs” to demonstrate that a transaction has not been spoofed by sharing only a snippet of information.
Polygon has been working on the zkEVM testnet since October, deploying EVM for its ZK rollup. Ethereum developers can move their smart contracts from the main blockchain without reprogramming them. Over 75,000 ZK proofs and 5,000 smart contracts have been deployed since the testnet went live.
Polygon co-founder Mihailo Bjelic stated that the blockchain is exploring ways to bring ZK technology to its main chain, the Polygon POS chain, scaling Ethereum and making Web3 accessible to everyone.
Polygon’s zkEVM Mainnet is set to be the first fully EVM equivalent ZK rollup to reach mainnet, confirmed by co-founder Sandeep Nailwal. This development is expected to represent a massive step towards scaling Ethereum and making Web3 accessible to everyone. The highly anticipated launch of the zkEVM beta mainnet is imminent.
We are currently in a bear market, which gives people time to build many tools and improve the overall blockchain network to welcome new users when the next bull run arrives. Improvements such as the zkEVM that Polygon offers are precisely what we need. We will soon witness a significant influx of new Web3 users!