Margaux Nijkerk reports on the Ethereum protocol and L2s. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds a small amount of ETH and other altcoins.
Polygon Labs, the main developer firm behind the layer-2 blockchain Polygon, released on Tuesday the latest version of its zero-knowledge proving system, “Plonky3” – designed to be more flexible than the previous model., and a crucial component in the cryptographic security of distributed networks with multiple layers.
The company's previous proving system, Plonky2, was introduced in 2022 as “a single proving system focused on lightning-fast recursion by optimizing for hardware,” Polygon wrote in the press release, whereas Plonky3 is an"open-source toolkit that empowers ZK developers to build their own" virtual machines based on ZK cryptography.
“Plonky2 partly had some performance issues, and partly didn't quite have the generality that we needed,” said Daniel Lubarov, a co-founder at Polygon, said in an interview with CoinDesk. “We see it as more part of the future direction of Polygon technology.”“The proving system is the underlying thing that kind of allows us to do that efficiently and sort of within a practical level of performance,” Brendan Farmer, a co-founder at Polygon, added in an interview.
“In the past, we had Plonky2, and we also had a few other separate prover libraries, one by the Miden group and one by the Hermez group within Polygon,” Lubarov told CoinDesk. “Our plan now is to bring it all together under one code base and one framework.”in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.
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.
Polygon Labs says ZK proving system Plonky3 is production-ready, set to integrate into AggLayerPolygon Labs announced that Plonky3, the latest version of its ZK proving system, is now production-ready for developers.
Read more »
Dungeons & Dragons Explains New Crafting SystemDungeons & Dragons provided new details about a new crafting system coming to the game.
Read more »
ZKsync Developer's New 'Elastic Chain' Could Compete With Polygon's AggLayerMargaux Nijkerk reports on the Ethereum protocol and L2s. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds a small amount of ETH and other altcoins.
Read more »
TON Blockchain Will Release New Layer-2 Based On Polygon’s TechnologyMargaux Nijkerk reports on the Ethereum protocol and L2s. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds a small amount of ETH and other altcoins.
Read more »
TON and Polygon team up to launch TAC, a new Ethereum L2The TON Application Chain (TAC) team and Polygon Labs have announced the launch of EVM compatibility on TON’s L2, bringing Ethereum apps to Telegram users.
Read more »
Delinquent: Our System, Our Kids - 30 stories of life inside Cuyahoga County’s juvenile justice systemLinks to all 30 stories from “Delinquent: Our System, Our Kids,” cleveland.com and The Plain Dealer's special series examining Cuyahoga County's juvenile justice system through the eyes of the kids who go through it.
Read more »