2 years ago
Cardano (ADA) laminitis Charles Hoskinson congratulated the Polygon (MATIC) assemblage for launching its zero-knowledge Ethereum (ETH) Virtual Machine (zkEVM) beta connected March 27.
Hoskinson said innovations similar this are large for the crypto industry, quoting a tweet from Polygon co-founder Sandeep Nailwal astir Vitalik Buetrin’s landmark transaction connected the network.
Polygon’s zkEVM
Polygon’s zkEVM is simply a blockchain web that would alteration faster and cheaper transactions. The Zero Knowledge (ZK) rollup would let respective transactions to beryllium batched off-chain and executed connected Ethereum’s mainnet.
The scaling solution is wide considered the golden modular for Ethereum scaling, and 1 of its large proponents is Vitalik Buterin.
Fittingly, the archetypal transaction connected Polygon’s zkEVM mainnet beta was performed by Buterin — Nailwal described the motion arsenic “symbolic.”
The Ethereum co-founder acceptable the state interest for the transaction to 69,042 — a cheeky notation to the 69 and 420 meme numbers. He besides added an on-chain connection which reads:
“Millions of constraints for man, unconstrained scalability for mankind.”
Polygon said its zkEVM would beryllium open-source truthful that different developers tin survey it and promote further development.
Polygon warned that the zkEVM is inactive successful the investigating stage, adding that users should workout caution erstwhile utilizing the network.
Hoskinson’s past with Ethereum
This is 1 of the fewer times that Hoskinson has spoken positively astir thing related to Ethereum — having criticized ETH and its assemblage connected respective occasions previously.
Hoskinson erstwhile described Ethereum arsenic the Hotel California of crypto. At the time, helium referenced a tweet claiming that ETH staking withdrawals mightiness beryllium delayed beyond the Shanghai upgrade.
The Cardano laminitis besides called Ethereum staking problematic due to the fact that it looks “a batch similar regulated product.” He added that its plan could let the U.S. Securities and Exchange Commission (SEC) to harvester each staking protocols.
Meanwhile, his Ethereum criticisms person travel contempt being 1 of the aboriginal contributors to the project.
The station Cardano’s Hoskinson lauds Polygon’s zkEVM motorboat contempt erstwhile disapproval of Ethereum appeared archetypal connected CryptoSlate.
English (US) 