{"id":84672,"date":"2023-09-19T10:22:00","date_gmt":"2023-09-19T07:22:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=84672"},"modified":"2025-09-12T18:46:57","modified_gmt":"2025-09-12T15:46:57","slug":"canto-blockchain-to-be-transformed-into-an-ethereum-based-l2-network","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/canto-blockchain-to-be-transformed-into-an-ethereum-based-l2-network\/","title":{"rendered":"Canto blockchain to be transformed into an Ethereum-based L2 network"},"content":{"rendered":"<p>Developers <a href=\"https:\/\/forklog.com\/en\/news\/what-is-the-ethereum-virtual-machine-evm\">EVM<\/a>-compatible blockchain Canto with a focus on DeFi have decided to transform it into<a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-layer%e2%80%912-solution-in-blockchain\"> L2<\/a>-solution for Ethereum based on<a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-zero-knowledge-proof\"> zero-knowledge proofs<\/a> (ZKP).<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We&#8217;re thrilled to announce Canto is building with <a href=\"https:\/\/twitter.com\/0xPolygonLabs?ref_src=twsrc%5Etfw\">@0xPolygonLabs<\/a> to migrate to a ZK L2 on Ethereum\u2013 powered by Polygon Chain Development Kit (CDK).<\/p>\n<p>This ZK chain will be dedicated to Real World Assets in support of the next wave of application-layer adoption via neofinance. <a href=\"https:\/\/t.co\/x04dMIHsg7\">pic.twitter.com\/x04dMIHsg7<\/a><\/p>\n<p>\u2014 Canto Public (@CantoPublic) <a href=\"https:\/\/twitter.com\/CantoPublic\/status\/1703809950290718871?ref_src=twsrc%5Etfw\">September 18, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Canto is based on the Cosmos SDK and the Tendermint core.<\/p>\n<p>The network will specialise in <span data-descr=\"Real World Assets - tokenized real-world assets.\" class=\"old_tooltip\">RWA<\/span> to support the next wave of application-layer adoption in the form of \u201cneofinance\u201d.<\/p>\n<p>The team will deploy the Polygon Chain Development Kit.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cThe toolkit will enable Canto to provide ZKL2, which extends the community\u2019s defining ethos \u2014 unlimited sovereignty, security and liquidity as a public good,\u201d<\/em> \u2014 she explained.<\/p>\n<\/blockquote>\n<p>In August 2023, Fantom Foundation developers said they were considering moving the eponymous blockchain to Optimistic Rollups.<\/p>\n<p>Earlier, the Worldcoin<a href=\"https:\/\/forklog.com\/en\/news\/sam-altmans-worldcoin-migrates-from-polygon-to-optimism\"> \u043e\u0431\u044a\u044f\u0432\u0438\u043b\u0430<\/a> about moving its applications from the Polygon network to the Optimism ecosystem.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Developers of the EVM-compatible Canto blockchain with a DeFi focus have decided to transform it into an L2 solution for Ethereum based on zero-knowledge proofs (ZKP). We&#8217;re thrilled to announce Canto is building with @0xPolygonLabs to migrate to a ZK L2 on Ethereum\u2014 powered by Polygon Chain Development Kit (CDK). This ZK chain will be dedicated to Real World Assets in support of the next wave of application-layer adoption via neofinance. pic.twitter.com\/x04dMIHsg7.<\/p>\n","protected":false},"author":1,"featured_media":84673,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1173,1142,1179],"class_list":["post-84672","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cosmos-atom","tag-cryptography","tag-layer-2-solutions"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/84672","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=84672"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/84672\/revisions"}],"predecessor-version":[{"id":84674,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/84672\/revisions\/84674"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/84673"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=84672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=84672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=84672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}