Polygon zkEVM Mainnet Beta Goes Live; Ethereum’s Buterin to Process First Transaction

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Polygon zkEVM Mainnet Beta Goes Live; Ethereum’s Buterin to Process First Transaction
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Ethereum scaling platform 0xPolygon Goes Live with its zkEVM Mainnet Beta, and VitalikButerin will initiate the first transaction, cryptauxmargaux reports

Buterin himself has promoted the development of scaling solutions for Ethereum since at least 2020, and noted in a

last August that the various versions of zkEVMs come with tradeoffs – such as speed versus the degree of compatibility with the Ethereum Virtual Machine programming environment.Although the Polygon zkEVM is live for users to interact with, Nailwal warned that it is still a new technology, hence why it is being called a beta mainnet.

“It's a new technology, so we are going to put ample warnings for the users that please be cautious on this, don't bring your life savings into it immediately,” Nailwal said.Nailwal said he believes ZK technology is the future of Ethereum. In “18 to 24 months, you will see almost all of the large web3 applications being built on the zero-knowledge-proven layer 2 chains.”

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