Ethereum scaling network Polygon has launched its Zero-Knowledge Ethereum Virtual Machine (Polygon zkEVM), a new Ethereum-equivalent scaling solution based on Zero Knowledge (ZK) proofs. Polygon says zkEVM would be the “first Ethereum-equivalent scaling solution that works seamlessly with all existing smart contracts, developer tools, and wallets, harnessing advanced cryptography called Zero-Knowledge proofs.” The new scaling solution will be compatible with all existing Ethereum applications and emulate the Ethereum Virtual Machine at the op-code level.
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