• About
  • FAQ
  • Earn Bitcoin while Surfing the net
  • Buy & Sell Crypto on Paxful
Newsletter
Approx Foundation
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Approx Foundation
No Result
View All Result
Home Bitcoin

Polygon Connects EVM Chains To Ethereum With “Insanely Efficient” Type 1 Prover Touted As Technological Feat By Vitalik Buterin

Moussa by Moussa
February 9, 2024
in Bitcoin
0
Polygon Connects EVM Chains To Ethereum With “Insanely Efficient” Type 1 Prover Touted As Technological Feat By Vitalik Buterin
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Wyoming Sets Cross-Chain Security Bar LayerZero Failed

September 15, 2026
Morgan Stanley’s Bitcoin Investment Recommendation Explained W/ Amy Oldenburg

Morgan Stanley’s Bitcoin Investment Recommendation Explained W/ Amy Oldenburg

September 15, 2026


Join Our Telegram channel to stay up to date on breaking news coverage

Polygon Labs released a “Type 1 prover,” which marks a technological feat that even Ethereum’s Vitalik Buterin has touted as key to making auxiliary layer-2 networks nearly equivalent to the base blockchain.

“Polygon has again demonstrated that it leads the industry in the development of ZK technology by delivering a Type 1 zkEVM that is insanely efficient,” said Brendan Farmer, a co-founder of Polygon, in an email to CoinDesk.

What Is Polygon? – Forbes AdvisorWhat Is Polygon? – Forbes Advisor

Polygon Pushes Blockchain Technology Forward

Ethereum co-founder Vitalik Buterin previously wrote about the different types of provers. With regards to a Type 1 prover, the Ethereum co-founder said that it has the benefit of being perfectly compatible with Ethereum.

But a major disadvantage is that a lot of computational power is required to produce ZK-proofs that are compatible with the Ethereum network. He also noted that this process can take up to hours.

Polygon’s Type 1 prover forms part of the project’s 2.0 roadmap, which focuses on making its ecosystem more interconnected. With the introduction of this mechanism on Feb. 8, any network compatible with Ethereum’s EVM standard can become a layer-2 network powered by zero-knowledge proofs. It also gives these networks access to Polygon’s broader ecosystem.

Releasing the Type-1 upgrade to the zkEVM prover, the next generation of Polygon’s proving tech. It can generate proofs for any EVM chain—sidechain, optimistic rollup, even Ethereum itself.

When proving Ethereum mainnet blocks, avg per-transaction costs are $0.002 – $0.003.… pic.twitter.com/KDX8XIiwyh

— Polygon (@0xPolygon) February 8, 2024

The chains can then plug into Polygon’s new Aggregation layer, which provides access to “all of the liquidity and value on Ethereum itself, ” according to a Feb. 8 X post. Polygon also said the type 1 prover will be able to generate the ZK proofs that are compatible with Ethereum mainnet blocks. 

Blockchain Transaction Costs Will Undergo A Dramatic Reduction

The average cost for a transaction through the Type 1 prover will be between $0.002-$0.003, according to the post. Polygon’s team believes that there will be a 30 to 50X reduction in transaction costs in the next year.

The Type 1 prover will be another configuration available to projects building with the Polygon Development Kit (CDK), which is the modular toolkit for spinning up ZK Layer-2 networks.

Related Articles:

New Crypto Mining Platform – Bitcoin Minetrix

Bitcoin MinetrixBitcoin Minetrix
  • Audited By Coinsult
  • Decentralized, Secure Cloud Mining
  • Earn Free Bitcoin Daily
  • Native Token On Presale Now – BTCMTX
  • Staking Rewards – Over 50% APY

Bitcoin MinetrixBitcoin Minetrix


Join Our Telegram channel to stay up to date on breaking news coverage





Source link

Share76Tweet47

Related Posts

Wyoming Sets Cross-Chain Security Bar LayerZero Failed

by Moussa
September 15, 2026
0

Join Our Telegram channel to stay up to date on breaking news coverage Wyoming published its security bar for cross-chain...

Morgan Stanley’s Bitcoin Investment Recommendation Explained W/ Amy Oldenburg

Morgan Stanley’s Bitcoin Investment Recommendation Explained W/ Amy Oldenburg

by Moussa
September 15, 2026
0

Morgan Stanley became the first global systemically important bank to launch a spot Bitcoin ETP and it crossed $600 million...

21Shares Builds XRP Case Around Utility, ETFs, and Fixed Supply

21Shares Builds XRP Case Around Utility, ETFs, and Fixed Supply

by Moussa
September 15, 2026
0

Key Takeaways21Shares says XRP’s prospects rest on four market pillars.U.S. spot XRP ETFs have drawn more than $1.70 billion in...

Swiss Bitcoin Pay Shuts Down Servers After Data Breach

Swiss Bitcoin Pay Shuts Down Servers After Data Breach

by Moussa
September 14, 2026
0

Another day, another data breach.  Swiss Bitcoin Pay, a non-custodial bitcoin payment processor, said that it had to temporarily shut...

UAE Taps Avalanche to Secure Digital Identity for 12.5M People

UAE Taps Avalanche to Secure Digital Identity for 12.5M People

by Moussa
September 14, 2026
0

Key TakeawaysUAE migrated its UAEPASS digital vault to Avalanche’s L1, ensuring reliable performance for 12.5M users.The dedicated L1 handles only...

Load More

youssufi.com

sephina.com

[vc_row full_width="stretch_row" parallax="content-moving" vc_row_background="" background_repeat="no-repeat" background_position="center center" footer_scheme="dark" css=".vc_custom_1517813231908{padding-top: 60px !important;padding-bottom: 30px !important;background-color: #191818 !important;background-position: center;background-repeat: no-repeat !important;background-size: cover !important;}" footer_widget_title_color="#fcbf46" footer_button_bg="#fcb11e"][vc_column width="1/4"]

We bring you the latest in Crypto News

[/vc_column][vc_column width="1/4"][vc_wp_categories]
[/vc_column][vc_column width="1/4"][vc_wp_tagcloud taxonomy="post_tag"][/vc_column][vc_column width="1/4"]

Newsletter

[vc_raw_html]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[/vc_raw_html][/vc_column][/vc_row]
No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2024 APPROX FOUNDATION - The Crypto Currency News