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Polygon Launches New Scaling Solution to Further Cut Costs on Ethereum

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by COINS NEWS 87 Views

tldr; Polygon has announced the launch of Polygon zkEVM (zero-knowledge Ethereum Virtual Machine). It's said to be the "first" Ethereum-compatible scaling solution that uses the cryptographic method called zero-knowledge proofs. It's expected to be deployed on the public testnet later this summer, with the mainnet launch slated for 2023.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.


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