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Polygon Bridge for Polygon zkEVM Goes Live, Allows Withdrawals from Ethereum

Polygon has announced the availability of its Polygon PoS Bridge for the Polygon zkEVM network, which offers scalability solutions to decentralized applications (dApps) running on the Ethereum blockchain network. The Polygon zkEVM network uses zk-technology to govern smart contracts on both the Polygon zkEVM and Ethereum networks, allowing for faster withdrawals of funds from the Ethereum mainnet. The launch of the Polygon Bridge for Polygon zkEVM will allow users to withdraw funds from the Ethereum mainnet within 30-60 minutes of initiating the withdrawal, with support for ERC-20 and ERC-777 tokens. The Polygon Bridge also offers a seamless experience, as users do not need to undergo the bridging process or map their tokens before bridging. The Polygon zkEVM launched last month as mainnet beta and is open source, permissionless, and public, with teams already building atop it, including premier dApps such as Balancer and Lens, and other gaming projects. (coingape)

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