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    • Airdrop Guides - increase your chances for airdrops
      • ⚪zkSync
        • 01. First Steps
        • 02. Bridge between chains
        • 03. Transactions and Volume using DEX
        • 04. Liquidity Pools and Staking
        • 05. Lend & Borrow
        • 06. Trading NFT
        • 07. Social Campaigns
        • 08. Quests
        • 09. Deploy NFT Collection (soon)
        • 10. Deploy Smart Contract
        • 11. Wallet Stats & Activity
        • 12. What's Next?
      • ⚫LayerZero
        • 01. First Steps
        • 02. Cross-Chain Bridge
        • 03. Pools and Farming on Stargate
        • 04. Governance Voting
        • 05. OFT & ONFT
        • 06. Social media Campaigns
        • 07. Quests
        • 08. Wallet Stats & Activity
        • 09. What's Next
      • 🟠Starknet
        • 01. First Steps
        • 02. Bridge between chains
        • 03. Transactions and Volume using DEX
        • 04. Liquidity Pools and Staking
        • 05. Lend & Borrow
        • 06. Trading NFT
        • 07. Social Campaigns
        • 08. Quests
        • 09. Wallet Stats & Activity
        • 10. What's Next
      • 🟤Scroll
        • 01. First Steps
        • 02. Bridge between chains
        • 03. Transactions and Volume using DEX
        • 04. Liquidity Pools and Staking
        • 05. Lend & Borrow
        • 06. Wallet Stats & Activity
        • 07. What's Next
      • 🔵Base
        • 01. First Steps
        • 02. Bridge between chains
        • 03. Transactions and Volume using DEX
        • 04. Liquidity Pools and Staking
        • 05. Lend & Borrow
        • 06. Trading NFT (soon)
        • 07. Quests
        • 08. Wallet Stats & Activity
        • 09. What's Next
      • ⚫Linea
        • 01. First steps
        • 02. Bridge between chains
        • 03. Transactions and Volume using DEX
        • 04. Liquidity Pools & Staking
        • 05. Lend & Borrow (soon)
        • 06. Trading NFT
        • 07. Quests
        • 08. Wallet stats
        • 09. What's Next?
      • 🟣Polygon zkEVM
        • 01. First steps
        • 02. Bridge between chains
        • 03. Transactions and Volume using DEX
        • 04. Liquidity Pools & Staking
        • 05. Lend & Borrow
        • 06. Quests
        • 07. Wallet Stats
        • 08. What's Next?
      • 🟢Mantle
        • Transactions and Volume using DEX
        • Liquidity Pools & Staking
    • Blockchain Navigator - where to take action
      • ⚪zkSync
        • Swap
        • Bridge and Cross-Chain Swap
        • Liquidity Pools (Liquidity Providing)
        • Staking and Yield Farming
        • Perpetuals
        • Lending/Borrowing DeFi
        • DAO and Governance
        • NFT Marketplaces and Mint
        • Launchpads
        • Airdrop Checkers
        • Block Explorers
      • ⚫LayerZero
        • Bridge and Cross-Chain Swap
        • Airdrop Checkers
        • Block Explorers
      • 🟠Starknet
        • Swap
        • Bridge and Cross-Chain Swap
        • Liquidity Pools (Liquidity Providing)
        • Staking and Yield Farming
        • Lending/Borrowing DeFi
        • DAO and Governance
        • NFT Marketplaces and Mint
        • Airdrop Checkers
        • Block Explorers
      • 🔴Zora
        • Bridge and Cross-Chain Swap
        • NFT Marketplaces and Mint
        • Airdrop Checkers
        • Block Explorers
      • 🟢Mantle
        • Swap
        • Bridge and Cross-Chain Swap
        • Liquidity Pools (Liquidity Providing)
        • Staking and Yield Farming
        • Lending/Borrowing DeFi
        • DAO and Governance
        • NFT Marketplaces and Mint
        • Airdrop Checkers
        • Block Explorers
      • 🟣Polygon zkEVM
        • Swap
        • Bridge and Cross-Chain Swap
        • Liquidity Pools (Liquidity Providing)
        • Staking and Yield Farming
        • Perpetuals
        • Lending/Borrowing DeFi
        • DAO and Governance
        • NFT Marketplaces and Mint
        • Airdrop Checkers
        • Block explorers
      • ⚫Linea
        • Swap
        • Bridge and Cross-Chain Swap
        • Liquidity Pools (Liquidity Providing)
        • Staking and Yield Farming
        • Lending/Borrowing DeFi
        • DAO and Governance
        • NFT Marketplaces and Mint
        • Airdrop Checkers
        • Block Explorers
      • 🟤Scroll
        • Swap
        • Bridge and Cross-Chain Swap
        • Liquidity Pools
        • Staking and Yield Farming
        • Perpetuals
        • Lending/Borrowing DeFi
        • DAO and Governance
        • NFT Marketplaces and Mint
        • Airdrop Checkers
        • Block Explorers
      • 🔵BASE
        • Swap
        • Bridge and Cross-Chain Swap
        • Liquidity Pools (Liquidity Providing)
        • Staking and Yield Farming
        • Lending/Borrowing DeFi
        • DAO and Governance
        • NFT Marketplaces and Mint
        • Airdrop Checkers
        • Block Explorers
    • Protocols Guides
      • 🔥Butter
      • Debank
      • 🔥Robots Farm
      • Dmail
      • QnA3
      • 🔥Ninja Blaze
      • 🔥DOP
      • 🔥0VIX
      • 🔥10K Swap
      • 1INCH
      • AAVE
      • 🔥Agni Finance
      • Aptos Bridge
      • 🔥AVNU
      • Balancer
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      • Bitcoin Bridge
      • 🔥Bungee
      • Celer Network
      • Cleo
      • DeFi
      • 🔥DefiLlama LlamaSwap
      • Echodex
      • 🔥Element Market
      • eZKalibur
      • Firebird Finance
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      • Holdstation
      • Hop
      • Izumi
      • 🔥JediSwap
      • 🔥Jumper Exchange
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      • 🔥LayerBank
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      • Quickswap
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      • Scroll.io
      • 🔥Sithswap
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      • SpaceFi
      • 🔥Squidrouter
      • Stargate
      • Starkgate
      • Symbiosis Finance
      • Synapse Protocol
      • 🔥SyncSwap
      • Testnet Bridge
      • txSync Bridge
      • Unframed
      • Velocore
      • WooFi
      • XY
      • 🔥Zebra
      • zkLend
      • zkSync Lite
      • zkSwap
      • 🔥Zora Energy Bridge
      • Airdrop news - new token ecosystems info and more.
        • ℹ️zkFair
        • ℹ️Manta Network
  • Fundamentals
    • 📖Airdrops in Theory
      • 👉What Are Airdrops and How Do They Work?
      • 👉How to Avoiding Airdrop Scams
      • 👉Why Participating in Airdrops is Worth It
      • 👉Act independently or outsource it to someone?
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On this page
  • Understanding Polygon zkEVM: A Revolutionary Scaling Solution for Ethereum
  • Introduction to Polygon zkEVM
  • The Essence of Polygon
  • The Mechanism of Zero-Knowledge Proofs
  • Role of Ethereum Virtual Machine (EVM)
  • Benefits and Implications of zkEVM
  • zkEVM’s Impact on Ethereum’s Scalability
  • zkEVM’s Compatibility and Deployment
  • Conclusion
  1. Knowledge base
  2. Blockchain Navigator - where to take action

Polygon zkEVM

Understanding Polygon zkEVM: A Revolutionary Scaling Solution for Ethereum

Introduction to Polygon zkEVM

Polygon zkEVM is a groundbreaking development in Ethereum-compatible blockchains, combining zero-knowledge proofs and the Ethereum Virtual Machine (EVM) to offer a scalable and secure blockchain solution. It serves as a Layer-2 Rollup solution, enhancing the efficiency and capacity of the Ethereum network.

The Essence of Polygon

Polygon, formerly known as Matic, is renowned for providing diverse blockchain solutions, including Polygon PoS and Polygon zkEVM, to address Ethereum’s scalability issues. It has established partnerships with major companies like Starbucks, Disney, and Meta, promoting decentralized products and innovations in the web3 space.

The Mechanism of Zero-Knowledge Proofs

Zero-knowledge proofs are cryptographic proofs allowing one to validate the authenticity of information without revealing the information itself. This technology is pivotal for creating secure and private blockchains, enabling the validation of transactions without disclosing sensitive transaction details.

Role of Ethereum Virtual Machine (EVM)

EVM is the foundational software of the Ethereum blockchain, enabling the development and execution of smart contracts. It automates the execution of contracts when predefined conditions are met, making transactions on the blockchain seamless and efficient.

Benefits and Implications of zkEVM

Polygon zkEVM promises significantly lower costs compared to other Layer-2 solutions and Ethereum, with users expecting to pay around ~$0.000084 per transaction. It offers fast finality, scalability, and enhanced security, making it an attractive option for developers and users in the DeFi, NFT, and payment sectors.

zkEVM’s Impact on Ethereum’s Scalability

Polygon zkEVM, along with other Layer-2 solutions like Arbitrum and Optimism, aggregates thousands of transactions from the Ethereum ecosystem, reducing the burden on the Ethereum network. This increased throughput is crucial for the mass adoption and scalability of Ethereum, especially in the burgeoning DeFi market.

zkEVM’s Compatibility and Deployment

zkEVM maintains full compatibility with Ethereum, allowing developers to deploy dApps effortlessly. It is set to be deployed in early 2023, and its introduction is anticipated to trigger an explosion of dApps, with a record 160% year-over-year smart contract deployment already observed in September 2022.

Conclusion

Polygon zkEVM is a monumental advancement in blockchain technology, combining the power of zero-knowledge proofs and EVM to offer a scalable, secure, and efficient solution to Ethereum’s scalability problems. Its deployment is eagerly awaited, with its potential to revolutionize sectors like DeFi, NFTs, and payments and to foster the growth of the Ethereum ecosystem.

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Last updated 1 year ago

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