Polygon Hermez 2.0 is just around the corner, and will introduce revolutionary zk Rollups implementation of the Ethereum Virtual Machine

PolygonPolygon
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self.0xPolygon13d ago
Polygon Hermez 1.0 was introduced back in March 2021 as the first-ever decentralised ZK Rollup on the Ethereum mainnet, and Polygon has been working on Hermez 2.0 ever since. ​ ​ Hermez 2.0 is a decentralized Ethereum Layer 2 scalability solution that utilizes cryptographic zk technology to provide validation, and fast finality of off-chain transaction computations. ​ ​ As a zkEVM, Hermez 2.0 will execute Ethereum transactions in a transparent way, including smart contracts with zero-knowledge-proof validations, aiming to minimize the users and dApps friction when using the solution. ​ ​ The Polygon team has been working nonstop to bring innovative technologies that will revolutionize the market, and has proven to be the industry’s leading zk powerhouse. ​ ​ Zero Knowledge technology will be reshaping and building the future of Ethereum scaling, and Matic $1 billion of its treasury to acquire world-class ZK projects and teams, building ZK-based solutions, hiring premium talent, adoption of ZK solutions, research funding, and more