Polygon Releases 'Chain Development Kit' for ZK-Powered Networks on Ethereum

United States News News

Polygon Releases 'Chain Development Kit' for ZK-Powered Networks on Ethereum
United States Latest News,United States Headlines
  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

The new software toolkit will allow developers to build their own customizable chains, and connect to each other through a ZK-powered bridge to form a “Value Layer.”

Polygon turned heads in 2021 with its main proof-of-stake network, seen by many developers and crypto-market analysts as one of the most promising ways of scaling Ethereum. But blockchain developers have since moved to promote a more closely connected type of layer-2 network known as"rollups." Polygon has adapted to the trend, launching its own rollup while alsoPolygon also has a toolkit for developers to create customizable chains that are application-specific, called “Supernets.

But the scaling team is betting that CDK will be the next evolution, given that it uses ZK proofs, and that “all existing Supernets can upgrade current architecture to leverage the industry-leading ZK technology of Polygon,” the company said. “The goal is simple: build the Value Layer of the Internet, a core protocol that makes creating, sending and receiving value of any kind as seamless and functional as sending or receiving information over the Internet,” Polygon said in a press release.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CoinDesk /  🏆 291. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Shiba Inu (SHIB) Dev Admits Polygon's Great Help in Shibarium RelaunchShiba Inu (SHIB) Dev Admits Polygon's Great Help in Shibarium RelaunchMajor SHIB developer has thanked the Polygon (MATIC) team for helping to relaunch Shibarium
Read more »

Polygon Founder Unveils Massive Upgrade Coming to MATIC TokenPolygon Founder Unveils Massive Upgrade Coming to MATIC TokenMassive technical upgrade coming to MATIC
Read more »

Travis Scott’s ‘Utopia’ Spends a Month at No. 1 on Billboard 200 ChartTravis Scott’s ‘Utopia’ Spends a Month at No. 1 on Billboard 200 ChartPlus: Hozier and J-Hope hit the top 10 with their latest releases.
Read more »

IHOP rolls out biscuits menu nationwide for the first time as the chain fights slowing salesIHOP rolls out biscuits menu nationwide for the first time as the chain fights slowing salesThe pancake chain has been branching out into different menu categories, such as burritos and savory crepes.
Read more »

The #1 Taco to Order at Every Major Fast-Food Chain, According to ChefsThe #1 Taco to Order at Every Major Fast-Food Chain, According to ChefsTake it from the pros: there's nothing quite like a fast and convenient taco. Here's what real chefs order when they need a quick fix.
Read more »

A Guide to the Blues from Chicago and BeyondA Guide to the Blues from Chicago and BeyondThe Curmudgeons takes a look at recent releases celebrating the blues.
Read more »



Render Time: 2025-02-25 06:14:31