Ethereum

Polygon

<ul><li>Polygon released the zkEVM scaling technology to the mainnet.</li><li>Buterin initiated the first transaction and sent 0.005 ETH.</li></ul>Polygon, the Ethereum <a href="https://thenewscrypto.com/polygon-gains-in-popularity-here-are-the-reasons/" rel="noopener noreferrer nofollow">layer-2 platform</a>, released the Zero Knowledge Ethereum Virtual Machine (zkEVM) scaling technology to the mainnet on Monday. It reduced transaction fees and increased the throughput of Smart contract deployments.Polygon stated that it makes all the aspects of its zkEVM open source, and the developers can study and share the code. It allows them to contribute to the zero-knowledge space with more innovation.<a href="https://thenewscrypto.com/tag/zkevm/" rel="noopener noreferrer nofollow">Polygon’s zkEVM</a> is the zero-knowledge rollup scaling solution that is equivalent to the <a href="https://thenewscrypto.com/is-the-largest-ethereum-whale-activity-of-the-year-detected/" rel="noopener noreferrer nofollow">Ethereum</a> Virtual Machine. This technology allows thousands of transactions to be batched on the off-chain, with the proof containing the minimal data summary posted to Ethereum Mainnet.Sandeep Nailwal, the Co-founder of the polygon, stated<blockquote>“We want to be extremely aligned to the web3 ethos, and we want more experimentation.</blockquote>According to the polygon team Vitalik Buterin, the co-founder of the Ethereum blockchain has initiated the first transaction on the new zkEVM. He sent 0.005 ETH to the random address, and the transaction sent successfully.Continue reading <a href="https://thenewscrypto.com/ethereum-co-founder-initiated-first-transaction-on-polygons-zkevm/" rel="noopener noreferrer nofollow">&#64;TheNewsCrypto</a>

Ethereum Co-founder Initiated First Transaction on Polygon’s zkEVM

TheNewsCrypto

Outros artigos publicados em 28 de mar. de 2023

Bitcoin ATM manufacturer General Bytes to refund customers of zero-day hack

NFT wash trading increased by 126% in February; are most NFT transactions fake?

SBF Charged with Paying $40M in Bribes to Chinese Officials

AMC Closes 13.19% in the Green on Rumors of Amazon Acquisition

Bullish on Bitcoin Before 2024 Halving Event

SAND Price Analysis 28/3: SAND bears dominate market, but potential price surge looms

Join our free newsletter for daily crypto updates!