- Polygon has disclosed four of the significant features to expect, in preparation for the launch of Polygon zkEVM Mainnet Beta.
- Polygon lists speed, bridge security, low costs, and EVM-Equivalence as some of the features to expect.
The Polygon ecosystem is collectively anticipating the launch of a key upgrade for its network. As announced previously, Polygon has chosen March 27th as the date for the launch of the Polygon zkEVM Mainnet Beta.
Polygon has also disclosed that as preparations for the launch of Polygon zkEVM’s Mainnet Beta draws nearer, it will be breaking down the features that will come with the next-gen system, and how it will benefit the community.
Polygon Labs is preparing for the end-game of Ethereum scaling.
Since we’re closing in on the launch of Polygon zkEVM’s Mainnet Beta, we wanted to break down what this next-gen system will unlock for the community, FEATURE BY FEATURE👇🏽
— Polygon Labs (@0xPolygon) March 6, 2023
As Polygon further revealed, the Polygon zkEVM Mainnet Beta will bring four key features to the network, including EVM-Equivalence, Speed, Bridge Security, and low costs.
EVM equivalence equals frictionless scaling; all of Ethereum’s tooling will be supported. Developers just need to copy and paste their Solidity code. Using Polygon zkEVM is no different from using Ethereum, as such, developers have little to nothing to worry about. Except that Polygon zKEVM is cheaper and faster.
Meanwhile, it is worth noting that EVM-equivalent is not ≠ EVM-compatible. EVM-compatible Rollups target an intermediate representation of the EVM compiler by using an LLVM. EVM-compatible rollups also “trade fidelity to the EVM for performance—it’s a different, but not invalid, design approach.” Polygon noted.
With an interface like LLVM, there’s more surface area available for bugs, and although codes can still be copied, they cannot be re-audited. And if the audit shows a bug, the tooling that the developer uses might not be compatible. For these reasons, Polygon affirms that EVM-equivalence on the other hand is the true frictionless scaling.
Expect lower costs, faster speed, and a better bridge security
In terms of speed, Polygon says it is bound to improve but that will come with engineering trade-offs required to sustain performance. The time required for generating a proof of Polygon zkEVM is under 2 minutes, for a batch of 10M gas.
As for Bridge security, Polygon stated that bridges have been a key focus for attacks, due to their reliance on trusted intermediaries. For the most part, a large number of said intermediaries were faithful custodians. However, ZK proofs will usher in a new kind of bridging.
Lastly, as with many other Layer 2 scaling solutions, Polygon zkEVM intends to make transacting and Ethereum faster and cheaper. Not only is proving time below 2 minutes but the cost has also been reduced dramatically. A Polygon zkEVM developer even goes on to say that “The proving cost for a single transaction is no longer relevant.”
Polygon credits these achievements to optimizations to proof of composition and use of the small prime fields innovation made possible by Polygon Labs Miden and Zero teams.
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The cost of proving a single Uniswap transaction on Polygon zkEVM is $0.0019, But Polygon zkEVM is configured to batch and aggregate txs.The latest from the public testnet is that generating a proof for a batch of 250 ERC-20 tokens costs the prover $0.064. The cost to the individual user sending one ERC-20 token? $0.0001” Polygon asserted.
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