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Introducing zkEVM+ for Digital Asset Security

June 18, 2024
in Crypto News
Reading Time: 3 mins read
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  • Ternoa launches zkEVM+ for enhanced digital asset security on Ethereum.
  • Collaboration with Polygon CDK integrates advanced privacy and security features.

According to today’s Medium update, Ternoa is set to launch zkEVM+, a Layer 2 solution on Ethereum focused on security and privacy, built using Polygon CDK. This new launch follows their successful 2023 release of a decentralized privacy stack available as a Polkadot SDK Layer 1 chain.

Furthermore, a recent tweet by Polygon, aggregated by Polygon Labs, announced that Ternoa’s zkEVM+ is a zk-powered Layer 2 solution developed with the Polygon CDK modular, open-source toolkit for developers.

ternoa is launching a zk-powered layer 2, built with the polygon cdk modular, open source toolkit for devs

zkEVM+ brings censorship resistance via integrity proofs to secure digital assets on ethereum, with @AvailProject‘s da, co-implemented with @0xZeeve https://t.co/sli0xfrp0p

— Polygon | Aggregated (@0xPolygon) June 17, 2024

zkEVM+ enhances digital asset security on Ethereum by providing censorship resistance through integrity proofs and leveraging Avail Project’s Data Availability, in collaboration with Zeeve RaaS.

zkEVM+ Launch and Features

Ternoa’s zkEVM+ introduces a full EVM-equivalent infrastructure, bringing censorship resistance through integrity proofs and native privacy to the Ethereum ecosystem. Built on Polygon CDK, it leverages hybrid coprocessor technologies and Avail Data Availability in a unique architecture co-implemented with Zeeve RaaS.

This integration ensures robust security and privacy for digital assets, making it a significant milestone for Ethereum developers and users.

Earlier, CNF reported that soon after the launch, premier dApps such as Balancer and Lens, along with other gaming projects, began building on the Polygon zkEVM, highlighting the rapid adoption and trust in the technology.

Expert Insight and Community Support

Anurag Arjun, co-founder of Polygon and Avail, serves as a board advisor to the project. His expertise enhances Ternoa’s contribution to Ethereum’s scaling roadmap. Ternoa boasts one of the largest blockchain infrastructure communities in France, with 200,000 social media members and an ecosystem lab supporting enterprise adoption since 2022.

This community includes partnerships with large French corporate accounts like Caisse des Dépôts & Consignations and Stellantis, Japanese studios like Toho, and gaming companies like Tap Nation.

Incentive Programs and Developer Grants

The Ternoa privacy stack is already utilized by several dapps, including “Time Guardian,” a mobile app dedicated to digital inheritance management, and “Keeper DeFi,” an abstracted wallet with built-in DeFi opportunities. To attract EVM builders, Ternoa is offering a $500k / 33 million CAPS grant program for new developers and projects during the Testnet phase, along with a $250k / 17 million CAPS incentive program for existing applications.

At the time of writing, Polygon (MATIC) is priced at $0.5479, reflecting a decrease of 10.21% in the past week and 15.03% in the past month. See the price chart of MATIC below.


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