Decoding Polygon zkEVM: A Comprehensive Exploration
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by Kilian Boshoff
Published on February 24, 2023
TL;DR;
Polygon will be launching its zkEVM Mainnet Beta on March 27th, 2023.
A zk-Rollup is a layer 2 construction on top of Ethereum that solves its scalability problem through mass transfer processing rolled into a single transaction.
Developers can copy-pasta their code onto Polygon’s zkEVM.
Secure scalability, cheaper transaction costs, faster finality and capital efficiency.
zkEVM uses Proof-of-Efficiency, not Proof-of-Stake
The MATIC staking balance has grown 36.6% YoY, staking wallets are up ~ 420% YoY.