CryptoMediaClub
Thursday, June 4, 2026
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

EVM-Compatible Blockchains to Become L2 Protocols in Ethereum Ecosystem

09.02.2024
A A
0
145
VIEWS
ShareShare

Polygon upgraded its Type 1 Prover technology, which now allows any Ethereum Virtual Machine (EVM)-compatible blockchains to become Layer 2 (L2) protocols based on zero-knowledge proof (ZKP).

EVM-Compatible Networks to Become ZK L2 for Ethereum

Polygon Labs announced a major update to its Type 1 Prover technology, with Toposware developers involved in the work. Once updated, the technology enables any EVM blockchain to become a Layer 2 solution in the Ethereum ecosystem and join AggLayer. It’ll also substantially improve the overall performance and cost-effectiveness of the network.

AggLayer is a ZKP solution by Polygon, which helps connect different networks into a single structure and simplifies interaction with Web3 products for end-users. Polygon representatives announced the launch in late January.

As conceived by the developers, the Type 1 Prover technology will eventually form the basis for transaction validation in protocols created with Polygon CDK. The technology is integrated into the validation tool Polygon zkEVM. The update will potentially speed up transaction processing by approximately 3,600%, with fees per transaction ranging from $0.002 to $0.003.

When the Type 1 Prover is updated, adding an entire block containing hundreds of transactions to the Ethereum mainnet will cost between $0.2 and $0.5. Besides, the technology will be further developed and optimized, so that the cost of a block in the future will be 30-50 times lower.

Last summer, the Polygon team announced work on a set of updates to create interconnected blockchain networks based on zero-knowledge proof (ZKP). The project was dubbed Polygon 2.0. A few months later, Polygon CDK, a toolkit for developers to create fully interoperable ZK Layer 2 protocols in the Ethereum ecosystem, was unveiled.

Сообщение EVM-Compatible Blockchains to Become L2 Protocols in Ethereum Ecosystem появились сначала на CoinsPaid Media.

Share11Tweet7ShareSharePin3

Related Posts

Confused by the Bitcoin Price Dip? Here’s Why Beginners Are Looking at Bitcoin Hyper $32.8M Presale
All news

Confused by the Bitcoin Price Dip? Here’s Why Beginners Are Looking at Bitcoin Hyper $32.8M Presale

04.06.2026
0

If you have been keeping an eye on the crypto charts this week, you might have noticed things looking a...

Read moreDetails
Hyperliquid Is Outperforming Solana on Price, But Can a Perps DEX Actually Flip a $38 Billion Network?

Hyperliquid Is Outperforming Solana on Price, But Can a Perps DEX Actually Flip a $38 Billion Network?

04.06.2026
Arthur Hayes Dumped HYPE and NEAR: Shill, Pump, Dump, Repeat

Arthur Hayes Dumped HYPE and NEAR: Shill, Pump, Dump, Repeat

04.06.2026
Crypto News, June 3: BTC USD Evil Number at $66K, Peter Schiff Calls for $20K, Geopolitical Fear Porn Everywhere

Crypto News, June 3: BTC USD Evil Number at $66K, Peter Schiff Calls for $20K, Geopolitical Fear Porn Everywhere

04.06.2026
XRP Price Loses Key Support: The Drawdown May Not Be Over Yet

XRP Price Loses Key Support: The Drawdown May Not Be Over Yet

04.06.2026
Load More
Next Post
The Key to Making More Money During a Crypto ICO? Look Trustworthy, New Study Says

The Key to Making More Money During a Crypto ICO? Look Trustworthy, New Study Says

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Crypto tokens explode from 20k in 2022 to 18.9M following launchpad frenzy on Solana, Base, BSC

Crypto tokens explode from 20k in 2022 to 18.9M following launchpad frenzy on Solana, Base, BSC

10 months ago

Standard Chartered, Matrixport foresee Bitcoin hitting $120k next year

3 years ago
DeFi Protocol Threshold Proposes Merger with WBTC to Prevent Takeover by Justin Sun

DeFi Protocol Threshold Proposes Merger with WBTC to Prevent Takeover by Justin Sun

2 years ago
Google Bard Price Analysis for Tradecurve, Litecoin, and Bitcoin

Google Bard Price Analysis for Tradecurve, Litecoin, and Bitcoin

3 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Zcash was rumored to have stopped working – then it became crypto’s only winner

Arthur Hayes Dumped HYPE and NEAR: Shill, Pump, Dump, Repeat

Crypto News, June 3: BTC USD Evil Number at $66K, Peter Schiff Calls for $20K, Geopolitical Fear Porn Everywhere

XRP Price Loses Key Support: The Drawdown May Not Be Over Yet

Bitcoin Price Prediction: Microsoft Quantum Breakthrough Could Change Bitcoin’s Future

Zcash Down: No Blocks Produced in 4 Hours

Trending

Confused by the Bitcoin Price Dip? Here’s Why Beginners Are Looking at Bitcoin Hyper $32.8M Presale
All news

Confused by the Bitcoin Price Dip? Here’s Why Beginners Are Looking at Bitcoin Hyper $32.8M Presale

04.06.2026
0

If you have been keeping an eye on the crypto charts this week, you might have noticed...

Cardano founder Charles Hoskinson takes “a break” – exposing who really controls ADA’s next move

Cardano founder Charles Hoskinson takes “a break” – exposing who really controls ADA’s next move

04.06.2026
Hyperliquid Is Outperforming Solana on Price, But Can a Perps DEX Actually Flip a $38 Billion Network?

Hyperliquid Is Outperforming Solana on Price, But Can a Perps DEX Actually Flip a $38 Billion Network?

04.06.2026
Zcash was rumored to have stopped working – then it became crypto’s only winner

Zcash was rumored to have stopped working – then it became crypto’s only winner

04.06.2026
Arthur Hayes Dumped HYPE and NEAR: Shill, Pump, Dump, Repeat

Arthur Hayes Dumped HYPE and NEAR: Shill, Pump, Dump, Repeat

04.06.2026
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz