Overview
Key Highlights
- Polygon zkEVM is a new Layer 2 solution developed by the Polygon Labs in addition to Polygon’s POS(Proof-of-stake) network, which also has plans for a zkEVM validum update
- Polygon zkEVM is Polygon’s answer to the DLT(Distributed Ledger Technology) - Decentralization | Scalability | Security trilemma, in which a blockchain cannot achieve all three specifications fully without some trade-offs.
- Polygon zkEVM underlying technology that powers the decentralized Polygon zkEVM tech stack is a Zero-knowledge roll-up, which boast lower cost for transaction fees, higher performance with support for Developers, EVM (Ethereum Virtual Machine) equivalence without any changes in code & lastly enhanced security.