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Polygon’s Zero-Knowledge (ZK) R&D team has launched the zkEVM public testnet for the main ecosystem, CoinJournal learned from a press release.
zkEVM is the only solution that achieves the most important goals of blockchain design: high security, infinite scalability, and an Ethereum-friendly developer experience.
Major DeFi platforms such as Uniswap and Aave, game studio Midnight Society and web3 social platform Lens are among the first to use the zkEVM testnet to scale their dApps.
Uniswap’s token, UNI, rose nearly 9% on news of this massive expansion.
DeFi applications also benefit from Polygon zkEVM’s censorship resistance and advanced security. Zk Rollup does not have much latency when it comes to withdrawals, unlike its more optimistic counterparts. As a result, zkEVM is much more capital efficient.
Polygon zkEVM stands out from the competition as it is the exact equivalent of an Ethereum virtual machine. This is advantageous for developers as they do not have to transfer existing code or use new programming tools and languages to migrate to zkEVM.
Polygon Hermez co-founder David Schwartz commented:
Ultimately, Polygon zkEVM is the next step in Ethereum’s journey, moving toward giving users the full benefits of zkEVM in action: scalability without compromise. Before we can fully achieve these goals, we have some work to do. We’re eager to find out exactly what needs improvement and get your feedback. Therefore, we are looking for people to help us battle test the testnet version of Polygon zkEVM.
Polygon is passionate about growing the web3 ecosystem and pursuing a decentralized future. When he announced the launch of zkEVM at Eth Paris in July of this year, the zkEVM code was open-sourced and fully accessible to developers.
