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Polygon just announced a new 1 billion USD project that could become the next big thing.

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by COINS NEWS 182 Views

I know that a lot of people here love to use Polygon (formerly known as Matic). And I agree : with cheap fees and reliable security, this chain is a must-know for anyone interested in trading or DeFi.

But I am convinced that the team is just getting started. Case in point : this week, Polygon unveiled Miden, a STARK-based EVM-compatible rollup. And this is huge!

First of all, Miden is based on zero-knowledge (zk), the most promising scaling technology for blockchain. With ZK rollups, there is no withdrawal waiting time, and transactions are settled faster then on optimistic rollups. I believe they represent the future of L2 solutions.

But most importantly, Polygon also announced that they have commited over 1 billion USD to zero-knowledge technology! If zk is the future, then Polygon would be at the forefront of the next big thing in crypto.

I will be loading my bag of Matic from now on!

(Here is the link for those interested.)Polygon ZK rollups

submitted by /u/busterrulezzz
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