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Cardano (ADA) founder Charles Hoskinson congratulated the Polygon (MATIC) community for launching its zero-knowledge Ethereum (ETH) Virtual Machine (zkEVM) beta on March 27.
hoskinson saying Innovations like this are great for the crypto industry, citing a tweet from Polygon co-founder Sandeep Nailwal about Vitalik Buetrin’s landmark transaction on the network.
polygon zkEVM
Polygon’s zkEVM is a blockchain network that would enable faster and cheaper transactions. The Zero Knowledge (ZK) rollup would allow multiple transactions to be bundled off-chain and executed on the Ethereum mainnet.
The scaling solution is widely considered the gold standard for Ethereum scaling, and one of its main proponents is Vitalik Buterin.
Fittingly, the first transaction on Polygon’s zkEVM mainnet beta was done by Buterin — Nailwal described the gesture as “symbolic”.
The Ethereum co-founder set the gas fee for the transaction to 69,042, a cheeky reference to the meme numbers 69 and 420. He also added a chain message that reads:
“Millions of restrictions for man, unrestricted scalability for humanity.”
Polygon said that its zkEVM would be open sourced so that other developers could study it and encourage further development.
Polygon cautioned that the zkEVM is still in the testing stage, adding that users should be careful when using the network.
Hoskinson’s history with Ethereum
This is one of the few times that Hoskinson has spoken positively about anything related to Ethereum, having criticized ETH and its community on several occasions before.
Hoskinson once described Ethereum as the Hotel California of cryptocurrencies. At the time, he referenced a tweet that claimed ETH staking withdrawals could be delayed beyond the Shanghai update.
The Cardano founder also called Ethereum staking problematic because it looks “so much like a regulated product.” He added that his design could allow the US Securities and Exchange Commission (SEC) to combine all participation protocols.
Meanwhile, his criticism of Ethereum has come despite being an early contributor to the project.
