PolyHedra —— Cross -chain giant based on ZK technology

Author: sun and moon Xiaochu, mirror

The foundation of an industry development is to create more value for society, so the blockchain will always move forward around the two major themes, one is the improvement of infrastructure, and the other is a large -scale application.Then in terms of infrastructure, the public chain is the foundation, and the public chain is also an analogy as the operating system of Web2.After 17 years, the industry changed to realize the restrictions of ETH performance, and opened a journey to improve the new public chain construction of TPS and reduce GAS. EOS was the star at the time.EssenceFortunately, in the bull market in 21 years, there are outstanding public chains such as Solana, BNB Chain, Avalanche, Fantom.

Time has come to 24 years, and the vigorous development of ecological projects has derived the different needs of the public chain.The improvement of modular infrastructure makes the “DAPP and one public chain” become low -cost, simple, and convenient (you can see my modular exposition in detail).In this way, the large -scale increase in the number of public chain will inevitably cause the number of public chain.According to incomplete statistics, there are at least hundreds of public chains.In this bull market, the number increases at least 10 times.We explained in a simple mathematics that when the number of public chains is 10, there are 45 types of two combinations. When the number of public chain expands 10 to 100, the combination of two or two is 4,950, which expands 110 110Times.

Therefore, in this bull market, the demand for cross -chain also shows an increase in index type.And the demand for cross -chain is not only the previous asset transfer, but also information transmission, data sharing, multi -chain deployment, and liquidity sharing.PolyHedra Network is designed to build the next-generation Web3 interoperability and scalability infrastructure, and the core relies on advanced zero-Knowledge Proof (ZKP) technology.By providing a credible minimum and efficient interoperability solution.

PolyHedra Network can realize asset transfer, message transmission and data sharing, spanning multiple web2 and web3 systems.So far, PolyHedra has developed and deployed several next -generation ZKSNARK protocol and a number of innovative ZKP basic products, including a ZKBridge that supports cross -chain assets and data interoperability, covering more than 25 blockchain networks.

Technical features and highlights

PolyHedra Network’s engineering team has created a series of basic algorithms and zero -knowledge protocols, such as Libra, Virgo, Devirgo, Pianist, Marlin, Gemini, and Orion, which have created the expertise.The fastest proof time, a significant reduction of proof and minimized chain verification costs.These basic technologies are the core of Polyhedra to enhance the scalability, security and interoperability of the blockchain system, and provide support for solving some of the most urgent challenges in the field of digital infrastructure.

Core data

  • The number of cross -chain transfers is as high as 20 million.

  • Verify 40 million proofs.

  • Connect more than 25 public chains.

  • Have the fastest zero knowledge certificate (ZK) algorithm.

  • Have the fastest consensus proof.

  • ZKBridge’s inventor.

  • The inventor of the zero -knowledge algorithm: a total of 7 algorithms invented.

  • Participate in OKX activities: 141m, get 500K Polyhedra network tokens.

  • Participate in Binance Web3 wallet event: get 556K, 1 million Polyhedra network tokens.

  • The X platform followers reached 964.3K.

  • Discord platform followers reached 545K.

Product and service

zkbridge

ZKBridge, as the core product of PolyHedra Network, is designed as a cross -chain bridge without trust.ZKBRIDGE uses ZKSNARK to enable the proofer to effectively allow the receiving chain to confirm a certain state conversion on the chain of the sender.It consists of a block head relay network and a update contract.Through the modular design, ZKBRIDGE has achieved several useful functions, including message transmission, token transfer, and other calculation logic running on the state changes on different chains.

ZKBRIDGE has guaranteed strong security without increasing additional trust assumptions.Through concise proof, it not only guarantees correctness, but also significantly reduces the verification cost on the chain.Its workload speed is several levels faster than existing solutions.It provides a credible minimization and efficient cross -chain infrastructure for the interoperability of Layer1 and Layer2, and solves the actual challenges connecting different blockchain networks.

ZKBRIDGE uses zero -knowledge certification structure to verify the consensus effectiveness between the two blockchain. Since its release of the autonomous network Alpha version, it has contributed more than 20 million cross -chain transactions, covering more than 25 Layer1 and Layer2 blockchain networks.

zklightclient

ZKLIGHTCLIENT is a Layerzero cross -chain protocol developed by the PolyHedra Network team. It provides safe and efficient cross -chain infrastructure for the interoperability of Layer1 and Layer2.This technology fully integrates Layerzero’s message protocol, allowing application developers to use simple integration configuration to use zero -knowledge proof technology to develop cross -chain protocols.ZKlightClient has been safely transmitted more than 4.5 million pieces of information.Layerzero now uses ZKBridge as the default decentralized verification network (DVN) of many paths.

Cross -chain message transmission with the BTC chain

Cross -chain message transmission with Bitcoin chain is a new demand for recent periods.The booming development of BTC ecology and the emergence of Layer2 of BTC have led to a surge in demand for BTC cross -chain.However, BTC is a relatively special public chain, which requires a new solution to realize the transmission of cross -chain messages.ZKBRIDGE launched a Bitcoin messaging agreement, which aims to significantly improve the interoperability of Bitcoin.This move is designed to enable the Bitcoin network to interact with other Layer2 and Layer2.

When Bitcoin is a sender chain, it is completely compatible with the current ZKBridge framework.ZKBridge’s update contracts on the receiving chain (eth) can directly verify the consensus of Bitcoin and verify every transaction on Bitcoin by verifying Merkle proof.This compatibility ensures that the consensus proof of Bitcoin and the trading Merkle certificate can be fully protected through ZKBridge.

If the Bitcoin chain is a receiving chain, because Bitcoin has no smart contract, it is not compatible with the framework of ZKBridge.The method of adopting is a POS mechanism to allow the verification to pledge the native currency of the sending chain.If the sender chain is Ethereum, verify that the mortgage ETH needs to be mortgaged.Write data on the Bitcoin network, and use the multi -party calculation (MPC) protocol to ensure the correct message sent to reach a consensus to reach a consensus

Message with the BTC chain has supported Ordinals, BRC-20, and Atomicals.Projects using PolyHedra include Atomicals Market, Babylon, Bitmap, B2Network, Eigenlayer and so on.

Financing situation

PolyHedra has gone through 4 rounds of financing, of which:

In February 23rd, it was the first round of financing and received 10 million US dollars led by Binance Lab and Polychain.

In April 23rd, the 15 million Pre-A round of financing led by Polychain was obtained.

In January 24th, he received a Series A round of financing with OKX Ventures, and the amount of financing was not disclosed.

In March 24, Polyhedra Network’s valuation reached US $ 1 billion in the latest round of private equity financing, attracting investors including Polychain, Binance Labs, OKX Ventures, Animoca Brands, Hashkey and Uob Ventures.

Token system

PolyHedra’s token name is ZK, with a total of 1 billion.According to the public data above OK

  • 32%is ecological incentive

  • 28%are early investors and investors

  • 15%is the community market and airdrop

  • 15%is the foundation

  • 10%is the core contributor

The specific release rules have not been announced yet

However, ZK conducts airdrops before launch, and if less than 20 users, you can choose to be a tokens after the new main online online and get an additional 10%compensation.ERC20 tokens can also get additional 10%compensation.

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