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Fortune
Fortune
Marco Quiroz-Gutierrez

Polygon launches 'holy grail' zkEVM mainnet beta that aims to increase scale and decrease costs of Ethereum transactions

Polygon cofounder Mihailo Bjelic (Credit: Courtesy of Polygon)

With the launch of its zkEVM mainnet beta on Monday, Polygon is bringing to life what's for years been described as the “holy grail” of blockchain infrastructure, the cofounder of the layer-2 scaling solution told Fortune.

Through the use of zero-knowledge proofs, which allow a user to prove certain statements without revealing the actual data used, Polygon cofounder Mihailo Bjelic said zkEVM will provide massive possibilities for scaling the number of transactions on the blockchain while also incorporating the security and established ecosystem that the Ethereum network has built up over years. 

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