- Polygon’s co-founder Mijailo Bjelic shared his ideas on the launch of the zkEVM mainnet in a current Bankless podcast.
- MATIC gained over 7% over the previous 24 hours due to the newest scalability product.
Polygon’s [MATIC] co-founder Mihailo Bjelic and technical lead Jordi Baylina appeared in a podcast with Bankless on 28 March, during which the duo their ideas on the current launch of the Polygon zkEVM.
Polygon achieves main milestone with zkEVM launch
Jordi Baylina, Polygon’s Technical lead, described the launch of zkEVM as a significant milestone for his agency. He acknowledged that one in every of their main aims was to develop one thing that may be appropriate with Ethereum [ETH] however would additionally enable main scalability on the identical time. Polygon began engaged on the zkEVM two years in the past and eventually introduced the ultimate mainnet on 28 March.
Highlighting the use-cases of the zkEVM mainnet, Co-founder Mihailo Bjelic described it because the “holy grail of scaling”. Scalability and safety are among the many high options that the newest product brings to the desk. An important Ethereum -centric characteristic could be its EVM compatibility. Bjelic revealed that the whole lot associated to the Ethereum ecosystem, be it MetaMask or Solidity, stood to profit from the Polygon zkEVM.
Baylina added:
“It’s not a brand new factor, it’s an extension of Ethereum.”
Talking on what the newest growth means for Polygon’s proof-of-stake community, Mihailo Bjelic acknowledged that the driving issue that may inspire any app or builder to decide on zkEVM over the PoS chain is that it was merely extra superior and safe than the latter. The prospect of having fun with decrease charges with out compromising on safety within the zkEVM was additionally one other engaging characteristic.
The launch of Polygon’s zkEVM mainnet had a big affect on its native token, MATIC, which rallied greater than 7% over the previous 24 hours, till the time of writing. The token went from $1.05 to $1.14 since zkEVM’s launch.
