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Speaking to crypto.news, Paul O'Leary, CTO of Polygon Labs, discussed how Polygon's zkEVM technology aims to improve ethereum's scalability by reducing transaction costs and increasing throughput.
Polygon's zkEVM technology will significantly improve ethereum's scalability by reducing transaction costs and increasing throughput. Launched as an open source mainnet beta in March 2023, Polygon's zkEVM aggregates transactions off-chain and publishes cryptographic proofs to the ethereum mainnet, alleviating network congestion and reducing costs.
The recent transition to Mainnet Beta Stage 2 in January 2024 emphasizes the responsible growth of dApps and on-chain activity. He technology/blog/polygon-zkevm-the-elderberry-upgrade-is-live-on-mainnet” target=”_blank” rel=””>Elderberry Updatewhich is active as of March 14, 2024, includes optimizations that reduce network errors and improve overall performance.
Paul O'Leary, CTO of Polygon Labs, shared his thoughts on continued improvements to the zkEVM network client architecture.
“The team is currently working to update the zkEVM network client architecture. The next step will be an implementation of the Erigon client for CDK chains. This will work to improve network performance and stability and will be easier to maintain. We hope it will be available in the coming months.”
Efforts are being made to reduce testing times without compromising safety or efficiency. O'Leary mentioned, “We have something in the works on this, but we haven't released a timeline yet.”
Integration with other scaling solutions for Polygon, including sharding, is planned. O'Leary noted that as a “full-featured rollup,” zkEVM will adapt to new ethereum features such as sharding, ensuring continued evolution and improved scalability.
Other efforts to make zkEVM more accessible include simplifying the technology for developers. O'Leary emphasized that with zkEVM, Solidity developers can deploy their ethereum dApps “without having to obtain a degree in cryptography,” making it easier to expand the zkEVM ecosystem by reducing complexity and lowering barriers to entry for new developers.
Balancing the scalability of zkEVM with the decentralization spirit of blockchain is another key focus.
O'Leary explained that “ethereum at the settlement layer provides a foundation for true decentralization. That's the beauty of zkEVM; “It solves the blockchain scalability challenge while still fully supporting decentralization.”
Looking ahead, O'Leary foresees significant advancements for zkEVM over the next five years, particularly as ethereum introduces sharding and other scaling technologies. He also foresees a notable drop in rates.
“It won't be long before fees become so trivial that the amount users pay is negligible, or they will no longer have to pay anything at all,” he concluded.
The synergy of these developments and strong community collaboration puts zkEVMs at the forefront of cultivating a scalable, secure, and decentralized ethereum ecosystem.
