Polygon Co-founder: zkEVM Mainnet is the ‘Holy Grail of Scaling’
Polygon's co-founder Mihailo Bjelic and technical lead Jordi Baylina have shared their thoughts on the recent launch of the Polygon zkEVM in a podcast with Bankless. Baylina described the launch as a major milestone for the firm, stating that scalability and security are among the top features that the latest product brings to the table. Bjelic described it as the "holy grail of scaling" and highlighted its EVM compatibility, which benefits everything related to the Ethereum ecosystem. The launch had a significant impact on Polygon's native token, MATIC, which rallied more than 7% over the past 24 hours. (ambcrypto)
At Least $37M Worth of y00ts NFTs Migrate to Polygon From Solana in One Day
In just over 24 hours, more than 75% of the total supply of y00ts NFTs (11,362 out of 15,000) had reportedly already been migrated to Polygon. As of this writing, less than two days after the migration tool launched, the tally stands at 11,506 migrated NFTs—or nearly 77% of the total collection.
OpenSea Teases April Launch of Solana NFT Integration on Marketplace
OpenSea, the largest marketplace for NFTs, has hinted at an April integration of Solana NFTs on its website. Solana will be the fourth blockchain supported by OpenSea after Ethereum, Polygon, and Klatyn.
Crypto Evening Briefing: Do Kwon Extradition Sought by U.S., South Korea, Montenegro Justice Minister Says
The extradition of TerraForm Labs founder Do Kwon from Montenegro has been requested by both the U.S. and South Korea, Justice Minister Marko Kovac said at a Wednesday press conference.
Polygon To Help Fight NFT Scams With Web3 Infra Protocol Partnership
Wakweli, a web3 infrastructure protocol that issues certificates of authenticity for non-fungible tokens (NFT), has partnered with blockchain platform Polygon to make NFT authentication possible. Under the partnership, all digital assets on Polygon will be compatible with Wakweli's certification system, and NFT project holders on the Polygon chain will be able to request authenticity certificates for each of their assets. Staking the utility token of Wakweli, WAKU, is necessary to create a certificate request, with the amount to stake dependent on the level of trust needed for each case. Wakweli's testnet will be available in April and can be used with Polygon's Mumbai testnet. Alpha testing with Polygon's mainnet will begin in Q2 2023, and general mainnet compatibility is expected to be ready by Q3 2023. The partnership aims to enhance the security of the digital ecosystem by providing a medium for detecting counterfeit NFTs.
NFT Certification Protocol Wakweli Seals Polygon Collaboration
The deal means that all digital assets on Polygon will be compatible with the certification system that Wakweli has developed. Every NFT project holder on the chain will also be able to request authenticity certificates for each of their assets.
NFT Collection Y00ts Makes Anticipated Move From Solana to Polygon
Popular non-fungible token (NFT) project y00ts has started the migration process from its native Solana blockchain to the Polygon network in a move meant to speed up transaction times and reduce network fees.
Polygon Announces the Launch of Open-Source zkEVM
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.
Polygon (MATIC/USD) Price Dips As Disney Abandons Metaverse Project
Polygon (MATIC/USD) price has continued to decline following the latest disappointment in the blockchain industry. The price fell to a low of $1.03, the lowest level since March 11, dropping by over 15% from its highest level this month.
