• 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

The Attackers Who Deceived Revolut Now Demand 6,000 XMR – Bitcoin News

The Attackers Who Deceived Revolut Now Demand 6,000 XMR – Bitcoin News

September 17, 2026
Congressman Keith Self Moves To Block US CBDC Via Defense Bill Amendment

BTC USD News: Crypto’s $571M Leverage Flush After the Senate Vote

September 16, 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

The Attackers Who Deceived Revolut Now Demand 6,000 XMR – Bitcoin News

The Attackers Who Deceived Revolut Now Demand 6,000 XMR – Bitcoin News

by Moussa
September 17, 2026
0

Key TakeawaysRevolut reportedly sent records on 680 users after criminals posed as officials through a real Italian email system.The hacking...

Congressman Keith Self Moves To Block US CBDC Via Defense Bill Amendment

BTC USD News: Crypto’s $571M Leverage Flush After the Senate Vote

by Moussa
September 16, 2026
0

The U.S. Senate failed to advance the CLARITY Act on September 15, falling short 49-50 in a procedural cloture vote,...

Every Number Checked at Its Source

Every Number Checked at Its Source

by Moussa
September 16, 2026
0

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed...

CFTC Cracks Open U.S. Market For Bitcoin And Crypto Perpetual Futures

CFTC Says Agency Will Write Rules Following Clarity Act Fail

by Moussa
September 16, 2026
0

Commodity Futures Trading Commission Chair Mike Selig has said that the top regulator will go ahead and use its powers...

Bitcoin Price Holds $75,500 as Traders Price In Fed Rate Hike

Bitcoin Price Holds $75,500 as Traders Price In Fed Rate Hike

by Moussa
September 16, 2026
0

Key TakeawaysBitcoin’s price fell below $75,000 as a failed CLARITY Act vote in Congress sparked over $140 million in liquidations.Crypto...

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