• Polygon Labs team announced the launch of public mainnet beta release for the Polygon zkEVM will go live on 27 March, 2023.
• The layer-2 scaling solution seeks to bring even faster and cheaper transactions to the Ethereum network.
• The zkEVM has gone through two public audits and „passed 100% of Ethereum test vectors that apply to a zkEVM.“
Polygon zkEVM Mainnet Beta Release
The Polygon Labs team has announced that the public mainnet beta release for the Polygon zkEVM will go live on 27 March, 2023. This layer-2 scaling solution seeks to bring even faster and cheaper transactions to the Ethereum network.
The security of this system is top priority, which is why it has been put through a variety of tests and audits. It has passed 100% of Ethereum test vectors that apply to a zkEVM, and further details regarding its security measures will be made available within coming weeks.
Polygon zkEVM supports EVM-equivalence for frictionless scaling, allowing developers to build apps on Polygon using the same code as they do on Ethereum. Additionally, more than 84,000 wallets have already been created with 75,000 zero knowledge proofs generated and 5,000 smart contracts deployed.
Impact On Price Of MATIC
The news did not affect MATIC’s price significantly as the broader crypto market reacted to US inflation data instead.
Polygon’s goal is to provide users with an easier way to use decentralized platforms without sacrificing safety or efficiency. The launch of their new mainnet beta release demonstrates their commitment towards achieving this goal.