zkEVM can solve verification problems in Ethereum

[ad_1] Ethereum, a smart contracting platform powering decentralized finance (DeFi), non-fungible tokens (NFTs) operations, and more, has a problem that cannot be solely solved by layer-2 scaling platforms, its co-founder Vitalik Buterin recently stated.  In a blog, Buterin said though the network is widely used and there are users, it is a challenge to verify mainnet […]

Polygon launches its much-anticipated zkEVM

[ad_1] Finally, Polygon launched Polygon Hermes, their layer-2 zkEVM network. For decentralized applications (dapps) created on the Ethereum (ETH) network, this network intends to offer fast, affordable, and secure transactions. A version of the Ethereum Virtual Machine called the zkEVM uses zero-knowledge proof (ZKP). Smart contract computation over a layer-2 network is made private and […]