Polygon has announced the launch of an open-source zero-knowledge execution virtual machine (ZK-EVM). The ZK-EVM is designed to provide a more secure and private environment for smart contract execution on the Polygon blockchain.
The ZK-EVM is a significant development for Polygon, as it could help to attract new users and developers to the platform. The use of zero-knowledge technology also provides greater privacy and security for smart contract execution, which could help to address some of the challenges and limitations of traditional blockchain-based smart contracts.
The launch of the ZK-EVM is part of a broader trend towards increased adoption of zero-knowledge technology in the blockchain and cryptocurrency industry. As more projects and platforms seek to address concerns about privacy and security, it is likely that there will be increased focus on the use of zero-knowledge technology and other privacy-enhancing technologies.
(by David Cox)
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