bitcoin
Bitcoin (BTC) $ 95,581.61
ethereum
Ethereum (ETH) $ 2,811.26
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 651.42
xrp
XRP (XRP) $ 2.54
cardano
Cardano (ADA) $ 0.765904
usd-coin
USDC (USDC) $ 1.00
matic-network
Polygon (MATIC) $ 0.293499
binance-usd
BUSD (BUSD) $ 0.991033
dogecoin
Dogecoin (DOGE) $ 0.242173
okb
OKB (OKB) $ 48.45
polkadot
Polkadot (DOT) $ 4.97
shiba-inu
Shiba Inu (SHIB) $ 0.000016
tron
TRON (TRX) $ 0.243202
uniswap
Uniswap (UNI) $ 9.00
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,534.60
dai
Dai (DAI) $ 0.999961
litecoin
Litecoin (LTC) $ 127.91
staked-ether
Lido Staked Ether (STETH) $ 2,804.55
solana
Solana (SOL) $ 167.57
avalanche-2
Avalanche (AVAX) $ 24.60
chainlink
Chainlink (LINK) $ 17.58
cosmos
Cosmos Hub (ATOM) $ 4.89
the-open-network
Toncoin (TON) $ 3.77
ethereum-classic
Ethereum Classic (ETC) $ 20.65
leo-token
LEO Token (LEO) $ 9.76
filecoin
Filecoin (FIL) $ 3.40
bitcoin-cash
Bitcoin Cash (BCH) $ 326.71
monero
Monero (XMR) $ 233.34
Sunday, February 23, 2025
More
    bitcoin
    Bitcoin (BTC) $ 95,581.61
    ethereum
    Ethereum (ETH) $ 2,811.26
    tether
    Tether (USDT) $ 1.00
    bnb
    BNB (BNB) $ 651.42
    usd-coin
    USDC (USDC) $ 1.00
    xrp
    XRP (XRP) $ 2.54
    binance-usd
    BUSD (BUSD) $ 0.991033
    dogecoin
    Dogecoin (DOGE) $ 0.242173
    cardano
    Cardano (ADA) $ 0.765904
    solana
    Solana (SOL) $ 167.57
    matic-network
    Polygon (MATIC) $ 0.293499
    polkadot
    Polkadot (DOT) $ 4.97
    tron
    TRON (TRX) $ 0.243202
    HomeAll CoinsNftPolygon Labs presents PoS improve to zkEVM Validium

    Polygon Labs presents PoS improve to zkEVM Validium

    • Polygon Labs provided to improve the PoS facet chain to zkEVM Validium.
    • The proposal is a key step in direction of the ecosystem’s future imaginative and prescient, Polygon 2.0.
    • If permitted, the community improve can be executed by the primary quarter of 2024.

    Polygon Labs, the inventive providers and software program options firm, lately proposed upgrading Polygon’s Proof-of-Stake (PoS) sidechain to zkEVM Validium, “a first-of-its-kind, evidence-secured decentralized L2 zero-knowledge (ZK).” In keeping with the proposal launched by the platform’s engineering group, the improve, if permitted, can be executed by Q1 2024, an necessary step in direction of Polygon’s future launch imaginative and prescient, Polygon 2.0. .

    Final week, Polygon Labs launched Polygon 2.0, with the aim of “constructing the worth layer of the web.” A worth layer is a primary protocol that permits individuals to create, trade and program worth. The Polygon 2.0 imaginative and prescient included the leverage of ZK scaling know-how, however PoS is at the moment secured by its personal validators. As the journey in direction of Polygon 2.0 couldn’t rule out PoS, the platform determined to improve the community.

    Hitesh Malviya, a crypto investor and content material creator, took to Twitter to share updates on the Polygon PoS community improve:

    The proposal acknowledged that present PoS validators would tackle two main duties after the improve: “guarantee knowledge availability and sequence transactions.” Following the improve, Polygon PoS would mark “the primary validum with decentralized and safe knowledge availability ensures” in addition to “the primary L2 with a decentralized sequencer set”. Transaction charges are assured to go by way of validators staked by MATIC.

    See also  World's Largest Bitcoin Convention Makes Center East Debut in Abu Dhabi

    Guaranteeing low charges, excessive safety and scalability of the zkEVM Validium, Polygon mentioned,

    You may consider a sound because the lower-cost, high-throughput sibling of a rollup. Rollups, like Polygon zkEVM, leverage Ethereum to publish transaction knowledge and confirm proof, totally inheriting its unparalleled safety and decentralization.

    Polygon Labs defined that the 2 completely different public networks within the Polygon ecosystem ought to co-exist and complement one another, each providing excessive scalability and low charges on a extremely safe community.

    RELATED ARTICLES

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Most Popular