Whether the Polygon of MATIC rose 12% weekly to complete the technical upgrade can continue the upward trend

Author: Deman

Polygon’s recent asset price trend has excited investors.

Since January 23, the price of Polygon token MATIC has risen from $ 0.71 to $ 0.997 on February 20.At the same time, its 24 -hour transaction volume increased significantly to $ 616,451,842, an increase of 25.30%. In the past 7 days, the price of MATIC has increased by 12.30%, and its momentum is strong.

On February 9th, Polygon released the Type 1 Prover of the next -generation ZKEVM proofer. This is the next -generation proof technology of Polygon, which can generate proofs for any EVM chain (side chain, Optimistic Rollow, and even Ethereum itself).Polygon said that Type 1 upgrade will be able to generate ZK proof for the Ethereum main network block, the average cost of each transaction is as low as $ 0.002 -0.003 (36 times faster than any other Type 1 Prover), as Plonky3 and ZKEVM areImprovement is expected to reduce costs by 30 to 50 times next year.

So what exactly is Type 1 Prover?What other spaces can be optimized in Polygon’s ZKEVM technology?What does this mean for the L2 track?Let’s introduce this below.

How does Type 1 ProVer act on ZK technology?How does ETROG upgrade enhance the ZKEVM function?

Polygon can occupy a key position in the Ethereum L2 track, relying on zero -knowledge proof (ZK) technology.Type 1 ProVer is a major innovation of Polygon’s technology in zero -knowledge proof (ZK) technology. The principle and impact are as follows:

1. Prove the optimization generated: Type 1 Prover can generate ZK proof for any chain based on Ethereum virtual machine (EVM), including side chains, Optimistic Rollup, and even Ethereum itself.This ability is based on complex mathematics and cryptographic principles. It is proved to verify transactions by generating zero -knowledge proof without disclosing all transaction data to ensure the privacy and security of transactions.

2. A significant improvement of cost and speed: The introduction of Type 1 Prover significantly reduces the cost of generating ZK certification. The average cost of each transaction is expected to fall to $ 0.002 to $ 0.003.Type 1 ProVer is more than 36 times.

3. Future cost reduction expectations: With the further improvement of technology, Polygon is expected to further reduce the future cost by 30 to 50 times, which will bring wider application possibilities and lower operating costs to the Ethereum ecosystem.

In addition, it is worth noting that at the same time, Polygon has reached the key technical transformation of the ZKEVM main network BETA version with the help of ETROG upgrades, mainly including the following aspects:

1. Pre-compilation support: ETROG upgrade By introducing four additional pre-compilation, the ETROG upgrade greatly enhances the function of Polygon ZKEVM, making it almost a complete Type 2 ZK-EVM.These pre -compiled joining provides developers with more tools and resources to enable them to build and deploy decentralized applications (DAPPS) more efficiently.

2. New transaction processing method: The upgrade also includes a new transaction processing mechanism. This mechanism optimizes the transaction verification and execution process, thereby improving the overall performance and efficiency of the network.

3. Compatibility and seamless migration: The most noticeable thing is that ETROG upgrades allow DAPP developers to regain their code and smart contracts on Ethereum without any audit or modification.The land reduces the cost of migration and simplifies the development process.

In short, the introduction of ETROG upgrades and Type 1 Prover not only improves the performance and compatibility of Polygon ZKEVM, but also provides new solutions for the expansion and optimization of the Ethereum ecosystem.

The Polygon ecological project KEOM is carrying out a series of Defi innovation to give ZK technology the imagination of finance

While Polygon launches technology upgrade, the DEFI project in its ecology is also using ZK technology to complete Web3 financial innovation, which is greatly helpful for the development of the Polygon ecology.

In the field of DEFI, the Polygon ecological project KEOM is leading a theoretical and practical change through its pioneering work on the Polygon Miden platform.Using the zero -knowledge proof (ZK) technology, KEOM not only redefines the infrastructure of decentralized finance at the technical level, but also sets new standards in ensuring transaction privacy and security.

Keom’s core innovation lies in its re -concept of the order book on the chain. This concept is based on ZK technology.By achieving this concept on Polygon Miden, KEOM shows how to achieve efficient implementation of decentralized transactions without sacrificing user privacy and security.The theoretical basis of this method is that ZK proves that the authentication is allowed to confirm the correctness of a calculation without understanding the specific content it executed.

Polygon Miden provides a unique execution environment. It combines the advantages of Ethereum’s account model with the advantages of the UTXO (unwanted transaction output) model such as Bitcoin and ZCash, and introduces ZK to enhance privacy and security.Under this framework, the account communicates through notes (notes). Notes are the news of carrying assets and define how to consume these assets.This structure allows developers to perform transactions locally and prove verification through ZK, so as to ensure the privacy and security of transactions without disclosure of all transaction data.

KEOM uses this unique execution environment of MIDEN to solve the specific problem of putting the decentralized order book exchange on the chain.The theoretical significance of this solution is that it allows all functions -such as order matching, order creation, trading price difference, and market depth visualization -execution without actual holding liquidity.In other words, the decentralized order book will be a service that organizes all these functions, and the liquidity will be shared by any account that hopes to exchange assets on the same blockchain.

Under MIDEN’s notes, each note is like its own independent contract.The theoretical advantage of this design is that although there may be available vulnerabilities in the consumption conditions of the notes, the difference between the differences between different notes and the selective and openness of the consumption conditions of notes meansUser’s funds.This has brought fundamental changes to user security in DEFI.

The heavy actions have never stopped since the beginning of the year. Can Polygon exceed investor expectations in 2024?

Recently, Polygon has made significant progress in promoting the innovation of blockchain technology.On January 28th, Polygon announced that it will soon be upgraded to Type 2 ZK-EVM. This change will greatly simplify the process of deploying code on Polygon ZKEVM to achieve the same seamless experience as the Ethereum main network.In addition, Polygon also launched the Cardona test network to provide developers with a new test environment.

On February 13, Polygon further announced that the main network of Agglayer V1 is about to be launched.Agglayer aims to connect different blockchain networks with zero -knowledge proof technology, marking that Polygon has taken an important step in the operating and scalability of the blockchain.

In addition, the strategic cooperation between Polygon and Bitcoin Two Floor B² Network, through the “B² Hub + Polygon CDK” technology stack, aims to help developers build a safe and powerful Bitcoin Rollups, which further enhances the interoperability between Rollupsex.

These dynamics show Polyon’s ambitions in the L2 technology ecosystem, but how effective future results still need to pass the inspection of specific practice.

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