• 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

ETHCC 2025 Shows Ethereum’s Builders Are Focused, Not Flashy

Ethereum Crypto Targets $3,500 Amid Strong Institutional Demand

July 11, 2025
Cardano Ramps Up LATAM Expansion Through IOG–TxPipe Deal

Cardano Ramps Up LATAM Expansion Through IOG–TxPipe Deal

July 11, 2025


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

ETHCC 2025 Shows Ethereum’s Builders Are Focused, Not Flashy

Ethereum Crypto Targets $3,500 Amid Strong Institutional Demand

by Moussa
July 11, 2025
0

Ethereum crypto is firm and breaking out. With ETH rallying, traders are targeting $3,500 amid institutional demand from Wall Street....

Cardano Ramps Up LATAM Expansion Through IOG–TxPipe Deal

Cardano Ramps Up LATAM Expansion Through IOG–TxPipe Deal

by Moussa
July 11, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Input Output Global (IOG), the research-engineering company...

XRP Faces Make-Or-Break Moment Amid Bearish Threat

Research Predicts $160,000 Bitcoin By EOY, If Treasury Firms Hold

by Moussa
July 11, 2025
0

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

Rumble Partners With MoonPay To Launch Bitcoin Wallet For Creators

Rumble Partners With MoonPay To Launch Bitcoin Wallet For Creators

by Moussa
July 11, 2025
0

Today, Rumble announced an exclusive partnership with MoonPay to launch a Bitcoin and crypto wallet that will let creators handle...

Bitcoin Rally to $118K Wipes out Over $1 Billion in Short Bets

Bitcoin Rally to $118K Wipes out Over $1 Billion in Short Bets

by Moussa
July 11, 2025
0

Bitcoin’s recent surge resulted in significant liquidations, with more than $1.09 billion in short contracts wiped out within a 24-hour...

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