Polygon zkevm release date

Polygon zkevm release date. Polygon (MATIC), one of the leading Ethereum Layer-2 scaling companies, is set to shake up the crypto world in less than two weeks. Date: Wed, 20th Sept 2023 Time: 7:30AM UTC / 09:30AM CEST Duration: ~2 hours. Together, we can build an equitable future for all through mass adoption of Web3! Website | Twitter | Developer Twitter | Telegram | Reddit | Discord | Instagram Polygon’s team also worked intensively on several other zk-related projects including Polygon Nightfall, Polygon Miden and Polygon Zero. Jul 20, 2022 · Polygon has released part of the source code and roadmap for zkEVM, with its public testnet expected later this summer and mainnet launch planned for early 2023. Components¶ Mar 15, 2023 · Here I present a one-page graphical view of Polygon’s zkEVM architecture in an attempt to understand this ambitious and complex feat of engineering. This update holds significant importance as it paves the way for the ForkID/UPGRADE release, bringing essential improvements to the Mainnet Update Date and Time: Date: Wednesday, September 6th Duration Jul 15, 2023 · Deploying to Polygon zkEVM. The MATIC to POL upgrade is now available on the Polygon Portal. 0 Rollout. Mar 7, 2024 · On Polygon zkEVM, calldata accounts for approximately 80% of a transaction fee. Dec 21, 2022 · When the first Polygon zkEVM public testnet launched in October, the distant future of Ethereum scaling became a reality, today. Polygon 2. It integrates zk-rollups, which employ ZKPs to compress multiple transactions, with validium’s off-chain data storage mechanism. Oct 10, 2022 · Announcing Polygon zkEVM in July was a groundbreaking moment for us at Polygon, but also a big milestone for Ethereum and the whole industry. If you plan on developing a dApp for zkEVM, you may want to deploy your test dapp on the Cardona zkEVM testnet. Scroll’s zkEVM previously went live on a test network in February. Further, the proof cost of a similarly-sized batch of transactions is now at $0. Polygon Chain Development Kit (CDK) enables you to build your own ZK-powered Layer 2 custom-fitted to your needs. *** Tune into the blog and our social channels to keep up with updates about the Polygon Nov 9, 2023 · The Dyson Finance Pioneer Release on Polygon zkEVM is merely a first step towards a grander vision: we’re excited to release on later in November, for the first time ever, a version of Dyson Finance with more capabilities will be released on Polygon zkEVM! Jul 21, 2022 · How the new zkEVM works The new zkEVM will revolutionize blockchain technology. Polygon zkEVM supports a majority of Ethereum EIPs, precompiles, and opcodes. Feb 15, 2023 · The long-awaited scaling upgrade from Ethereum layer-2 solution provider Polygon has been announced, with the beta launch of its zero-knowledge Ethereum Virtual Machine mainnet slated for March 27. The transaction hash containing the upgrade proposal and its signatures can be found here. Polygon zkEVM. 15 (+1. Blog. Until recently, it was still thought to be too early to put these kinds of smart contract projects in place, as Polygon co-founder Sandeep Nailwal explained in an interview: “Everybody thought [a zkEVM] was at least 12 to 18 months away. Polygon (MATIC) Sets Date for Highly-Anticipated zkEVM Launch Mar 15, 2023 · One of those companies is Polygon, which has just confirmed the launch date of its highly-anticipated Ethereum zkEVM scaling solution. He gave no specific date but said it would happen “soon. Oct 4, 2023 · Three weeks ago, a Polygon Improvement Proposal (PIP) detailing the specifications for POL, the upgraded token of the Polygon 2. Oct 21, 2022 · Last week, Polygon announced the public testnet release of Polygon zkEVM, a benchmarking Zero Knowledge rollup. Feb 14, 2023 · Polygon (MATIC) has announced the date it’s going to launch its highly-anticipated Ethereum zkEVM scaling solution. Today, POL contracts have been deployed on Goerli testnet and two proposals setting forth potential changes to the native token burning mechanism necessary for future upgrades are live. Some of these discussions can be found on the community forum. (It’s March 27!) The security audit of Polygon zkEVM, which has been ongoing since December, provided some meaningful improvements that Polygon Labs wanted to make available to users before the release of Mainnet Beta. Together, we can build an equitable future for all through the mass adoption of Web3! Jul 13, 2023 · The latest in a series of Polygon 2. Jan 17, 2023 · Polygon co-founder Sandeep Nailwal tweeted on Monday that the team developing Polygon’s zkEVM has set a date for its release. You can already watch in real time as transactions are processed on the public testnet Mar 28, 2023 · Explore the innovative zkEVM technology and its impact on Ethereum's privacy and scalability. Ecosystem, dapp dev and support. As with Ethereum, it uses a proof-of-stake consensus mechanism for processing transactions on-chain. 36 after support for EIP-4844 is included. For an in-depth understanding of the protocol’s specifications, please refer to the zkEVM Protocol Overview The 10-day timelock for upgrading Polygon zkEVM Mainnet Beta was initiated on January 27 and concluded on February 06. The upgraded contract can be checked here. Polygon Approves zkEVM March Release. 00 transaction fee on Polygon zkEVM today is reduced to $0. Polygon Discord. Polygon, a household name in the Ethereum layer 2 space developing multiple scaling solutions, said in a blog post on Tuesday that it will launch its zkEVM beta on Ethereum mainnet on March 27. Mar 27, 2023 · Because Mainnet Beta is a live-fire release of Polygon zkEVM, with a centralized sequencer, open-sourcing the code will allow other researchers to follow along and modify code, in real time, as Polygon zkEVM becomes feature-complete and works to decentralize the sequencer in the future. Jan 24, 2024 · Right now, the only protocol connected is Polygon zkEVM, while other chains are working to plug into the AggLayer soon. Apr 11, 2024 · Polygon zkEVM is a Layer 2 Rollup solution that combines data availability and execution verification in Layer 1 of the Ethereum blockchain to ensure L2 state transition security and reliability. Polygon (MATIC) is about to launch its highly-anticipated zkEVM Ethereum scaling solution on the Ethereum mainnet. Mar 20, 2023 · Polygon and Immutable, both heavyweights in the Ethereum scaling space, are teaming up to create a new network designed specifically for Web3 gaming powered by Polygon’s anticipated zkEVM technology. 0 announcements, this blog lays out a proposal for POL -- a technical upgrade of the native asset of the Polygon network. Table of Contents. Jul 25, 2022 · DUBAI—July 20, 2022— Polygon, the leading Web3 infrastructure used by some of the world’s biggest companies including Meta, Stripe & Reddit, today announces the launch of Polygon zkEVM, the first Ethereum-equivalent scaling solution that works seamlessly with all existing smart contracts, developer tools, and wallets, harnessing advanced Polygon (formerly Matic Network) is a blockchain platform which aims to create a multi-chain blockchain system compatible with Ethereum. 0 and provides a high-level outline for the upgrades that will be detailed in separate PIPs. 31%) Light Mar 28, 2023 · The release comes in the days after competitors, Polygon and Matter Labs, came out with their own zkEVMs. Read this for more on Polygon’s AggLayer: Polygon (MATIC) Sets Date To Hit Major Goal in 2. Polygon zkEVM validium is an advanced L2 scaling solution on Polygon. 0 is the culmination of over a year of collaboration between Polygon Labs, developers, researchers, applications, node operators, validators, and the broader Polygon and Ethereum communities. ‍ Summary. This section describes the overall design of the Polygon zkEVM. You can already watch in real time as transactions are processed on the public testnet Polygon zkEVM is the first zero-knowledge (ZK) scaling solution that’s fully compatible with Ethereum: all existing smart contracts, developer tools, and wallets work seamlessly. SPN | Solution Providers on Polygon protocols help you build the next big dApp Oct 21, 2022 · Last week, Polygon announced the public testnet release of Polygon zkEVM, a benchmarking Zero Knowledge rollup. Jun 12, 2023 · Polygon 2. Mar 27, 2023 · The release of Polygon’s zkEVM comes just days after competitor Matter Labs released its own zkEVM, zkSync Era. Get Read more about Polygon zkEVM journey so far and what lies ahead. Phase 0 milestones are specifically designed to ensure that no action will be required from end users and developers already on Polygon PoS and Polygon zkEVM chains. May 8, 2023 · What Wasn't Covered. The Polygon zkEVM Mainnet Beta encountered a sequencer problem due to an L1 reorg. Understanding the underlying protocol is crucial when working with an implementation. ” In December 2023, Cronos Labs, the web3 start-up accelerator focusing on DeFi, GameFi, and the development of the Cronos ecosystem, announced the launch of Cronos zkEVM Chain public testnet, a zero-knowledge (ZK) layer 2 blockchain network that represents a significant milestone on Cronos' journey towards scalability and mainstream adoption. The hottest Polygon dApps, Solution Providers, Enterprises and Ecosystem Enablers like VCs, Accelerators and Incubators in one place While both chains currently use Ethereum as their data availability layer, both have data availability solutions as part of their product lines. High Performance: Polygon zkEVM features fast network finality through frequent validity proofs Jun 20, 2023 · Polygon co-founder Mihailo Bjelic has proposed upgrading the Polygon proof-of-stake (PoS) network to a “zkEVM validium” version, according to a June 20 forum post. Zk-optimzed rollup with client-side proving. Polygon PoS is awesome. We proposed to scale Ethereum with performant zero-knowledge (ZK) proofs within an Ethereum Virtual Machine-equivalent environment; This was a major step towards the seamless scaling solution that the Polygon's zkEVM proof time for a large batch of hundreds of transactions has slashed to nearly two minutes, with improved throughput anticipated in the near future. These test tokens enable you to work with Polygon zkEVM without having to spend actual MATIC tokens on the mainnet zkEVM chain. Polygon zkEVM is a zero-knowledge virtual machine that leverages the power of ZK proofs to increase throughput and reduce transaction costs while maintaining the security of Ethereum Layer 1. Users can verify and test the algorithm used to calculate transaction fees here: zkevm-commonjs / test-vectors / effective-gas-price Sep 19, 2023 · Dragonfruit upgrade: Polygon zkEVM Mainnet Beta. This is just the first step toward an aggregated blockchain network that will, when complete, enable near-instant, secure chain-to-chain transactions. Polygon zkEVM is a Layer 2 network of the Ethereum Virtual Machine (EVM), a zero-knowledge (ZK) rollup scaling solution. g. Batch: a group of transactions that are executed/proved, using the zkEVM prover and sent to / synchronized from L1 Sequencer: the actor that is responsible for selecting transactions, putting them in a specific order, and sending them in batches to L1 With EIP-4844 expected in the Cancun hard fork and data compression on the roadmap for Polygon zkEVM, the cost of both L1 and L2 network resources are expected to come down throughout the year. But the one that has generated the most excitement by far, is Polygon’s zkEVM, which recently announced the mainnet launch date of March 27, 2023. Nov 20, 2023 · Here are some of the main benefits of Polygon zkEVM: Low Cost: Polygon zkEVM leverages zero-knowledge proofs to minimize transaction costs. This project is based on the Polygon zkEVM network, which is designed to bring scalability to Ethereum-compatible blockchains. With Polygon’s existing network, under the introduction of EIP-1559, each time a user pays for a transaction, the base fee is locked in the burn contract. 0. Feb 15, 2023 · Polygon has settled for March 27 as the launch date for the much anticipated zero-knowledge Ethereum Virtual Machine (zkEVM) mainnet beta network. Polygon has been developing Polygon Avail, which has recently been spun out of Polygon Labs as a standalone company helmed by Polygon co-founder, Anurag Arjun. Any tooling that works with Ethereum will work on Polygon zkEVM. UTC Polygon zkEVM is to Ethereum a Layer 2 network and a scalability solution utilizing zero-knowledge technology to provide validation and fast finality of off-chain transactions. This post didn’t cover the Three L2 States of Trust, a fascinating topic all on its own, or the zkProver’s different state machines, or how Polynomial Identity Language (PIL) features in the way that the zkProver’s execution is verified. m. cross-chain messaging, staking, etc. Mar 20, 2023 · Get started with Immutable zkEVM by checking out early documentation. Polygon co-founder Sandeep Nailwal tweeted on Monday that the team developing Polygon’s zkEVM has set a date for its release. You can deploy any Ethereum smart contract. Researchers at Polygon called for the community to join the testnet in the collaborative, built-in-public ethos that has defined Ethereum from the start. Polygon zkEVM blockchain is the #49 largest blockchain by total value locked (TVL) today. Oct 18, 2023 · Validium — the key to scaling Polygon 2. Polygon PoS boasts a ~10,000x lower gas fee per transaction, and ~450x increase in transactions per second than Ethereum. An EVM equivalent, open-source zk-Rollup This initial release prioritizes safety over speed by first settling to Ethereum. ” “Just came out of a high level zkEVM Mainnet launch committee. This update holds significant importance as it paves the way for the ForkID/UPGRADE release, bringing essential improvements to the Mainnet Update Date and Time: Date: Wednesday, September 6th Duration: Approximately 1 hour Key Dates : Release Documentation Jan 16, 2023 · Polygon (MATIC) is about to launch its highly-anticipated zkEVM Ethereum scaling solution on the Ethereum mainnet. Sep 1, 2023 · Release update: zKEVM We are excited to announce that the next update for the Mainnet is scheduled for Wednesday, September 6th. 0259, or $0. Find out what’s popular across all assets listed on CoinGecko. Once Dragon Fruit is implemented, Polygon zkEVM Mainnet Beta will be up to date with the latest version of Solidity, maintaining the rollup’s equivalence… — Polygon (@0xPolygon) September 18, 2023 Jul 27, 2022 · When Polygon announced that it would be bringing the first EVM-equivalent zkEVM to market last week, some onlookers pointed out that the specifications provided by Polygon would be better Feb 15, 2023 · Sandeep Nailwal, one of Polygon’s co-founders, recently said in an interview that “Polygon zkEVM Mainnet is set to be the first fully EVM equivalent ZK rollup to reach mainnet, this represents Mar 25, 2024 · Over the last weekend, Polygon’s zkEVM, which is currently in beta, went down for nearly 10 hours. Jul 27, 2022 · When Polygon announced that it would be bringing the first EVM-equivalent zkEVM to market last week, some onlookers pointed out that the specifications provided by Polygon would be better Feb 15, 2023 · Sandeep Nailwal, one of Polygon’s co-founders, recently said in an interview that “Polygon zkEVM Mainnet is set to be the first fully EVM equivalent ZK rollup to reach mainnet, this represents Mar 25, 2024 · Over the last weekend, Polygon’s zkEVM, which is currently in beta, went down for nearly 10 hours. Polygon zkEVM mainnet beta launched in March 2023, so I'll be using mainnet funds for this process. The MATIC to POL Migration Is Coming. *** Tune into the blog and our social channels to keep up with updates about the Polygon Nov 9, 2023 · The Dyson Finance Pioneer Release on Polygon zkEVM is merely a first step towards a grander vision: we’re excited to release on later in November, for the first time ever, a version of Dyson Finance with more capabilities will be released on Polygon zkEVM! Dec 7, 2023 · At present, there are three popular functional zkEVMs: Polygon zkEVM, zkSync Era, and ConsenSys zkEVM. “It offers simultaneously three very important features. Let’s discuss each project in detail. L2: the rollup network aka the Polygon zkEVM network. Polygon zkEVM uses SNARKs to Mar 27, 2023 · Because Mainnet Beta is a live-fire release of Polygon zkEVM, with a centralized sequencer, open-sourcing the code will allow other researchers to follow along and modify code, in real time, as Polygon zkEVM becomes feature-complete and works to decentralize the sequencer in the future. (zkEVM), and has given it the name “Linea. They will change how everyone approaches digital experiences. Leveraging Polygon SDK to build Manta Pacific‘s own zkEVM, benefiting from its Layer 2 Rollup design, which guarantees secure L2 state transitions To ensure we have mainnet proofs as quickly as possible, it’s also possible we will use a Type 2/3 prover like Polygon zkEVM initially. Polygon zkEVM is the first zero knowledge scaling solution compatible with the Ethereum Virtual Machine to integrate smart contracts and developer tools. Some of the biggest brands in the world have chosen Polygon as their partner; Adidas, Meta, Stripe, Reddit, and more. ETH Price: $2,501. Polygon zkEVM is an L2 rollup solution that combines data availability and execution verification on L1, the Ethereum network, in order to ensure security and reliability of each L2 state transition. NFTs: Interoperability, low costs, and fast transaction finality on the Polygon zkEVM allows NFTs and Gaming to thrive. A 2X - 5X reduction of a hypothetical $1. We also publish resources necessary for learning about and contributing to Polygon technologies. PIP-18 specifies Phase 0 of Polygon 2. Dapps are changing the world. The live components of the AggLayer that Polygon zkEVM has connected to are: Dapps are changing the world. Polygon zkEVM is the first such L2 scalability solution with completely source-available code and equivalence with the Ethereum Virtual Machine. Sep 4, 2023 · Release update: zKEVM Following up on the previous release communication, the tentative time for the next update of the Mainnet scheduled for Wednesday, September 6th has been determined. Today, Polygon Labs and Immutable announced a “strategic alliance” to collaborate on the creation of Immutable zkEVM, a new Ethereum scaling Polygon zkEVM Beta Mainnet is the next chapter of Ethereum Scaling. On March 27, 2023, Polygon launched the Polygon zkEVM Mainnet Beta, meeting its targeted launch date of Q1 2023 and making it accessible to all developers and users. 0 Vision Feb 8, 2024 · The Type 1 upgrade to the Polygon zkEVM prover was developed by Polygon Labs and external contributor Toposware, and is being released today under a permissive open-source license. Today, developers at Polygon Labs are releasing the next generation of the Polygon zkEVM prover, the Type 1. Notes to the Editor: Feb 14, 2023 · Polygon, an Ethereum scaling project, picked March 27 as the date for its zero-knowledge Ethereum Virtual Machine (zkEVM) beta main network to go live. 0 architecture, was released. Polygon Portal helps you bridge your assets on the Polygon PoS, Polygon zkEVM and Ethereum chains, so you get onboarded to the Polygon ecosystem seamlessly. Jun 20, 2023 · The only additional cost to run Polygon PoS as a zkEVM validium in the long term would be the cost of generating proofs, and Polygon Labs’s ZK teams have already made incredible progress in reducing these costs. . Polygon Miden. After the audits, Polygon zkEVM Mainnet Beta launched in March 2023. Polygon testnet faucet¶. According to the announcement, although Polygon did not specify what the mainnet beta would entail, it promised to release more details over the next few… Jul 20, 2022 · In a press release, Polygon said zkEVM would be the “first Ethereum-equivalent scaling solution that works seamlessly with all existing smart contracts, developer tools and wallets, harnessing Mar 27, 2023 · Another day, another zkEVM launch. 00005 per transfer. Since then, the zkEVM network has had two major upgrades: Dragon Fruit (ForkID5) , in September 2023, and Inca Berry (ForkID6) , in November 2023. Oct 12, 2023 · Scroll’s launch comes after two years of research and about seven months after Polygon and Matter Labs released their own zkEVMs. Tune into the Polygon Blog and our social channels to stay up to date on the latest from the Polygon ecosystem. Mar 6, 2024 · The AggLayer promises to revolutionize how blockchains interact. Learn the concepts of Ethereum, Ethereum Virtual Machine (EVM), and zero-knowledge proofs, which are integral to understanding zkEVM. technology Feb 14, 2023 · On March 27th, Polygon will be announcing the release of its zkEVM Mainnet Beta, which will enable developers to build secure and scalable decentralized applications on the Polygon network. Polygon today announced the final mainnet for its zkEVM product after the product’s testnet launch last October. The audit-upgraded testnet for Polygon zkEVM will be nearly the Feb 16, 2023 · Polygon Update – Square Enix Partnership, zkEVM Mainnet Release Date, Clearpool Prime Launch and More. Users will see dramatically reduced costs and improved speed. Jun 29, 2023 · Multiple approaches to building ZK-powered execution environments: zkEVM type 1-3, Polygon Miden; Multiple blockchain clients: Polygon Edge, existing Ethereum clients and custom built clients like the one currently used by Polygon zkEVM rollup; Various solutions for other parts of the stack, e. Linea is where dapps thrive. Tune into the Polygon Labs Blog and our social channels to stay up to date on the latest from the Polygon ecosystem. “zkEVM can be recognized as the ‘holy grail’ of blockchain scaling,” Polygon’s co-founder Mihailo Bjelic told Decrypt. From making up the new decentralized financial system, to revolutionizing gaming, democratizing social media, and so much more—Dapps are the next evolution of the internet. Polygon’s zkEVM has been in testnet since October of last year. Immutable zkEVM Testnet is live and available today, and the launch of Immutable zkEVM Mainnet will soon allow games to go live in production. 60 - $0. 06, which qualifies Polygon zkEVM as an efficient and cost-effective solution for accessing Ethereum Jul 20, 2022 · This makes Polygon zkEVM ready for primetime. The list of ERC-20 Tokens and their Prices, Market Capitalizations and the Number of Holders in the Polygon zkEVM Blockchain on Polygon zkEVM. STAY UP TO DATE. Everything You Need to Know. Save the Date: MATIC → POL Migration Coming September 4th. Polygon zkEVM overview Take a global view of the Polygon zkEVM network. This results in lower total usage costs for the end users, providing a more compelling user experience. First, I used the Polygon bridge to ship my funds across to the zkEVM. Mar 28, 2023 · To caveat the above, most of the value accrued to MATIC to date is from the Polygon network, a layer 2 Proof-of-Stake chain that existed long before the proposed zkEVM. However, this issue was exclusive to Polygon zkEVM and didn’t affect Polygon PoS or CDK. On Polygon zkEVM, the cost to prove a 10 million gas batch is just $0. September 4th is the expected mainnet date for the MATIC → POL upgrade; As the upgrade to MATIC, in the initial phase, POL will become the gas and staking token of Polygon PoS Feb 24, 2023 · Why another testnet? Well, last week, Polygon Labs announced the launch date for Polygon zkEVM Mainnet Beta. Even more exciting is the EVM-equivalence of Polygon zkEVM. See full list on polygon. The gas fee for this process was around $5 USD and took ~5 minutes for the funds to arrive on the L2. The zkEVM harnesses the power of ZK proofs to reduce transaction costs and massively increase throughput, all while inheriting the security of Ethereum L1. This section gives you a peek into the future: a community-driven vision centered on cutting-edge Web3 development. 0 Phase 0. If the upgrade is Feb 9, 2024 · The Polygon team hailed the release as a significant achievement and a technological milestone. For more on transaction fees on Polygon zkEVM, see “Effective Gas Price. Apr 27, 2023 · The same month, it acquired Hermez Network for $250 million to collaborate on building a zkEVM, which was later rebranded to the current Polygon zkEVM. Sep 14, 2023 · PIP-18: Polygon 2. ” Jul 18, 2024 · tl;dr. Delve into the step-by-step process of how zkEVM works and its types, including zkSNARK-based and zk-STARK based zkEVMs. the performance of Polygon’s zkEVM prover will enhance by approximately 35%, rendering it Polygon Chain Development Kit (CDK) enables you to build your own ZK-powered Layer 2 custom-fitted to your needs. The Astar zkEVM launch marks a significant first step in Polygon’s multi-chain future. It thus provides an architectural overview of its protocol. An EVM equivalent, open-source zk-Rollup. Dec 11, 2023 · Additionally, use cases of the Polygon zkEVM include: DeFi: Lending Protocols, DEXs, and Yield protocols all have a secure place on Polygon zkEVM due to its fast finality times and Ethereum L1 security. 📨 GeckoCon 2024: Early bird tickets now live! Jun 29, 2023 · Multiple approaches to building ZK-powered execution environments: zkEVM type 1-3, Polygon Miden; Multiple blockchain clients: Polygon Edge, existing Ethereum clients and custom built clients like the one currently used by Polygon zkEVM rollup; Various solutions for other parts of the stack, e. You can build on Polygon zkEVM the same way you would on Ethereum. Oh, so much! To begin with, the mechanics of the Sequencer, which deserve their own post. The live components of the AggLayer that Polygon zkEVM has connected to are: Feb 21, 2023 · Polygon's PoS (proof-of-stake) is the most popular example of a sidechain. By Margaux Nijkerk Mar 27, 2023 at 2:00 p. Additionally, the comparison of two popular We also publish resources necessary for learning about and contributing to Polygon technologies. xehwus hzp yxffuwba lbnb cbtbipdqp qvin dudjy dnc llj psrinzy