$88,548.00
1.88%$1,629.90
0.33%$3.78
-3.06%$2.10
-0.81%$605.62
0.80%$140.22
0.77%$0.999893
-0.00%$0.164374
1.67%$0.245112
1.04%$0.640292
0.10%$1,629.41
0.37%$88,475.00
2.00%$13.48
0.22%$20.39
-0.65%$8.81
-7.14%$0.249734
-3.13%$2.32
3.17%$0.00001259
0.01%$2.92
-3.16%$0.172706
1.30%$0.999873
-0.01%$1,954.88
0.37%$347.07
2.13%$18.37
2.67%$79.80
-0.52%$4.46
0.02%$1.00
0.04%$0.999154
-0.03%$1,628.97
0.28%$0.63558
0.36%$28.38
0.88%$217.35
1.16%$1,735.32
0.26%$88,512.00
1.90%$0.00000815
3.76%$5.42
0.01%$51.09
0.67%$4.93
-4.39%$23.15
1.19%$328.07
5.23%$0.864588
-1.20%$2.24
-2.40%$32.00
-1.98%$1.049
0.11%$4.73
-4.87%$1.00
0.00%$0.092314
12.56%$15.69
-2.59%$0.68595
2.90%$4.40
-0.36%$0.082672
-0.91%$147.74
2.40%$1.17
-0.01%$0.02379897
-2.02%$0.217264
9.85%$4.11
-3.75%$4.23
-0.05%$88,195.00
1.87%$8.52
3.15%$2.53
-4.79%$0.194468
-1.89%$0.296316
-0.62%$0.998397
-0.07%$0.591582
-4.72%$2.53
-3.03%$0.479588
-0.87%$0.302445
-2.91%$3.94
0.53%$88,373.00
1.74%$9.83
-2.10%$146.93
0.94%$1,385.93
0.24%$0.408932
2.51%$0.759601
8.77%$0.696293
-4.12%$0.07208
0.77%$1.062
17.74%$1.053
2.74%$0.791769
0.37%$0.00001321
6.09%$0.01615607
-1.44%$67.95
1.21%$1,629.57
0.24%$3.62
-4.97%$0.63414
-1.87%$1,695.85
0.23%$0.180901
0.57%$0.999992
0.05%$0.999498
-0.07%$3,472.02
1.29%$0.999769
-0.01%$0.466438
-3.57%$14.81
4.37%$8.65
-3.07%$0.62037
0.84%$0.0851
0.25%$0.999789
-0.02%$3,470.50
1.29%$605.73
0.85%$1,835.36
0.33%$88,044.00
2.36%$88,414.00
1.78%$0.01598969
-1.37%$0.01423275
-4.16%$154.53
0.72%$2.35
3.58%$0.276502
-1.15%$0.997737
-0.00%$0.114655
7.12%$180.09
0.58%$0.730925
-0.44%$0.172886
0.94%$0.645319
-4.82%$0.640126
-3.16%$1,732.58
0.36%$0.998683
-0.00%$3.44
0.47%$0.00000061
0.50%$88,865.00
1.78%$0.375589
0.14%$1.096
-1.25%$0.00633862
19.21%$29.28
0.83%$1.95
-1.56%$0.00005941
0.80%$0.01700969
-3.46%$0.298917
-3.24%$1.72
2.37%$0.222974
-4.34%$0.435257
-0.28%$3.34
1.42%$0.506409
-0.82%$0.142482
-2.38%$1,703.93
0.25%$15.32
0.94%$0.52922
-2.40%$31.00
-3.14%$0.998076
-0.05%$0.06755
-0.39%$0.008292
11.34%$87,272.00
3.87%$0.999891
-0.01%$0.999897
-0.01%$0.420959
0.71%$0.592141
-1.91%$88,321.00
0.00%$88,314.00
1.64%$0.445851
2.27%$0.475649
2.97%$1.60
-5.89%$1.25
0.96%$0.00000043
0.95%$0.16453
1.86%$1.99
-7.53%$0.0000209
0.35%$1.084
-0.00%$1.001
-0.00%$110.77
0.02%$88,225.00
1.97%$1,646.84
-2.96%$14.19
-0.69%$0.135451
-1.57%$1,627.33
0.27%$5.50
-3.41%$0.589327
1.63%$0.21719
9.84%$3.45
-1.47%$0.464653
-1.80%$2.30
-1.89%$0.071882
-1.05%$5.58
-1.07%$1,629.37
0.42%$40.14
-2.05%$0.03745786
-1.51%$21.82
-1.72%$0.999741
-0.03%$1,628.62
0.24%$1,629.53
0.51%$1.00
-0.01%$0.998178
-0.28%$0.03513749
-2.53%$0.076323
-7.84%$1,734.30
0.42%$0.170391
-0.69%$0.00645406
-1.40%$0.00397671
9.92%$0.533732
3.71%$0.00006073
-2.45%$0.282522
2.85%$0.01710599
1.41%$0.00521062
1.60%$0.781613
-0.07%$0.403041
-3.19%$0.999188
-0.11%$0.99974
0.00%$0.11948
-3.80%$0.03117747
0.80%$0.311929
24.35%$1,660.74
0.42%$1.00
0.01%$0.695093
-2.90%$0.308677
1.41%$0.11596
25.95%$0.139611
0.00%$88,423.00
1.82%$2.50
-3.06%$0.999673
-0.02%$25.13
3.45%$106.45
-1.70%$3.43
0.66%$0.221598
0.51%$0.00000133
4.78%$1.092
-0.75%$88,280.00
3.03%$3,187.04
0.00%$0.00044206
3.18%$0.582982
2.60%$2.76
0.34%$0.259883
-2.65%$1,610.75
0.42%$0.57217
3.64%$20.89
-2.50%$0.03591009
-1.93%$0.107025
0.35%$0.17735
0.17%$1,629.99
0.31%$0.483514
1.21%$1,777.19
1.82%$20.31
-0.94%$1,722.29
0.37%$0.02797558
0.06%$0.999698
-0.06%$0.00267117
7.84%$0.01193571
0.14%$0.417034
-0.38%$0.693732
3.03%$0.999934
-0.05%$14.03
-0.17%$1.15
-0.40%$1.39
-0.38%$2.12
-0.30%$1.094
-0.12%$0.223353
-11.03%$88,678.00
1.82%$0.93548
0.47%$0.852817
-1.33%$2.69
1.93%$0.999768
0.01%Reading
Another day, another zkEVM launch.
Polygon today announced the final mainnet for its zkEVM product after the product’s testnet launch last October.
“zkEVM can be recognized as the ‘holy grail’ of blockchain scaling,” Polygon’s co-founder Mihailo Bjelic told Decrypt. “It offers simultaneously three very important features. First is scalability. The second one is security. And the third one is EVM equivalency, or EVM compatibility. All three are equally important.”
The launch comes just days after zkSync launched its scaling solution, joining the competition to make Ethereum faster.
Polygon co-founder Mihailo Bjelic tells Decrypt's Liam Kelly and Kate Irwin in our Decrypting Mainnet series at Mainnet 2022 about why Polygon zkEVM will be the future of Ethereum scaling, how Polygon is "an un-opinionated platform" and how the Ethereum merge affected Polygon.
zkEVM technologies batch transactions on so-called rollups into a zero-knowledge proof, hence the “zk,” and then execute those proofs on Ethereum. By reducing transactions into small pieces of data, this technology helps keep Ethereum relatively unclogged with activity.
As mentioned by Bjelic, these proofs are also easily compatible with the Ethereum Virtual Machine, making it easier for developers to simply move projects written using Solidity—Ethereum’s programming language—over to the networks.
Given the complexity of the code in play, the Polygon co-founder has also urged caution for users onboarding to the scaling solution.
“This is bleeding edge technology that is deployed on mainnet for the first time and made available to everyone,” he said. “We definitely advise caution and not moving large amounts of funds to it. Give it time, basically, to become a little bit more battle-tested and mature.”
That doesn’t mean that the network is by any means untested, insisted Bjelic.
It’s already been through a comprehensive auditing cycle, both internally and externally. The team has also already identified several bugs and “made many improvements” to the network since its testnet launched last October.
“Like any code, especially complex code like this one, it still needs time to fully mature. Here's why the label name is Beta,” he told Decrypt.
Besides various crypto-native projects, including MetaMask and Lens Protocol, Telefónica Tech is also joining Polygon’s zkEVM Beta. The telco’s digital transformation subsidiary is turning to Polygon for its traceability and notarization solution called TrustOS.
Crypto's best minds are heading east, and it's gaining at a pace that other regions are finding hard to catch up to. Asia was responsible for 32% of global crypto developer activity in 2024, according to a report from venture firm Electric Capital. The firm recently published its comprehensive annual report, analyzing over 900 million code commits across the crypto industry. The transformation represents a nearly threefold increase from Asia's 12% share in 2015, while North America's position de...
Google's announcement of its breakthrough Willow quantum processor has reignited debates about crypto security, with some observers suggesting quantum computers could break Bitcoin's encryption. The tech giant claims its new quantum computing chip can complete certain calculations in five minutes, which would take traditional supercomputers an impractical amount of time to process. Quantum computing is a new type of computing that uses the strange properties of quantum physics, where small part...
Dimo, a platform for developers to build apps and enable car drivers to monetize their data, is migrating between Ethereum scaling networks, the developers exclusively told Decrypt—from Polygon to Coinbase’s Base. Co-founder Rob Solomon believes the move opens doors for valuable partnerships ahead. The project is a “global API layer for cars” that is aiming to make every car on earth smart and programmable. This could manifest, the company says, in a future full of AI car mechanics and smart par...
