The Polygon project launched a public testnet for scaling Ethereum called zkEVM.
The future of Ethereum is #onPolygon.🦄💫
When we unveiled Polygon #zkEVM in July, it was a milestone not only for Polygon, but also for Ethereum & Web3.
We’re proud to announce Polygon zkEVM Public Testnet, the world’s 1st open source zkEVM network!https://t.co/bfrFr8XwK8
— Polygon — MATIC 💜 (@0xPolygon) October 10, 2022
According to developers, the new solution employs the first ever fully functional open-source proving system.
Polygon zkEVM Testnet is the first zkEVM network with a full-featured, open source proving system.
We’re showing our work because we believe in Ethereum’s core values — transparency and open source development.
— Polygon — MATIC 💜 (@0xPolygon) October 10, 2022
Among the first to join the testnet are:
- decentralised exchanges Aave and Uniswap;
- Web3 platform Lens Protocol;
- gaming studio Midnight Society.
To accelerate the testing process, two of the biggest DeFi platforms — @AaveAave and @Uniswap, as well as web3 social platform @LensProtocol and gaming studio @12am will be among the first to join the testnet and help us take Polygon zkEVM to the mainnet! 🔥
— Polygon — MATIC 💜 (@0xPolygon) October 10, 2022
New solution scales Ethereum and reduces transaction costs without compromising security and EVM-equivalence.
Using zero-knowledge (ZK) tech to scale the Ethereum Virtual Machine (EVM) is a big challenge. We want to keep what we love about Ethereum while harnessing the power of ZK proofs.
Today, we take another big step towards scaling that doesn’t sacrifice EVM equivalence. pic.twitter.com/KW0wNMSfLE
— Polygon — MATIC 💜 (@0xPolygon) October 10, 2022
«The July zkEVM announcement became a turning point for Polygon, and also an important milestone for Ethereum and the entire industry. We proposed scaling Ether using efficient zero-knowledge proofs (ZK) in an environment of EVM-equivalence», the project blog states.
The full-scale launch of the new solution is scheduled for early 2023.
In October, Matter Labs announced the launch of a public testnet for Pathfinder, an L3 solution.
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