Polygon Launches Alpha Testnet of Zero-Knowledge Rollup Solution 'Miden'
Polygon Launches Alpha Testnet of Zero-Recordsdata Rollup Resolution ‘Miden’
Polygon, a smartly-known Ethereum layer-2 developer, has presented the alpha model testnet of its most standard zero-knowledge (ZK)-rollup resolution named Miden.
In a post on Might 6, Polygon announced that the Polygon Miden Alpha Testnet zero-knowledge is now reside, enabling builders to open checking out.
Miden is a ZK-rollup particularly designed to pork up the capabilities of the Ethereum blockchain.
Miden Contains Client-Aspect Proving
Corresponding to other ZK-rollups, Polygon’s most standard resolution utilizes a cryptographic technique that allows knowledge to be verified or “proved” with out disclosing its contents to the rest of the community.
Miden also incorporates client-aspect proving, which enables users to generate proofs for their include reveal transitions within the community, with out the must portray the reveal to the community. This technique targets to within the gash price of the community load, pork up privacy, and enhance scalability.
ever heard of client-aspect proving?
it potential users on Miden can within the community generate proofs for their very include reveal transitions with out having to expose the reveal to the community. and client-aspect proofs lower the burden on the community—with Miden, privacy scales better.
— Polygon | Aggregated (@0xPolygon) Might 6, 2024
Additionally, Miden introduces unusual functionalities, including private accounts that make stronger private tokens and transactions, the put handiest the hash of the sage is kept on the blockchain.
The resolution also leverages parallel transaction execution, allowing concurrent processing of transactions, ensuing in vastly elevated throughput compared to the Ethereum mainnet and lowered blockchain node reveal bloat.
The roadmap for Miden means that a builders testnet is scheduled for September, even supposing no specific timeframe has been mentioned for the mainnet launch.
Miden enters the market in screech opponents with StarkWare’s layer-2 scaling community and rollup technology stack, is famous as StarkNet, as smartly as other doubtless selections esteem Subject Labs’ zkSync Generation.
Polygon also supplies zkEVM, a scaling resolution an impartial like the Ethereum Digital Machine, which enables seamless compatibility with existing moving contracts, tools, and wallets.
No topic the launch of the Miden testnet, the native token of the Polygon blockchain, also named Polygon, did not skills a significant response available within the market.
On the time of writing, Polygon’s token had fallen by 5% to interchange at $0.704.
Polygon Labs CEO Condemns Ethereum Layer 3 Networks
Closing month, Polygon Labs CEO Marc Boiron lashed out at Layer 3 (L3) networks on the Ethereum blockchain, claiming they’re pointless for scaling the community and handiest again to empty price from the mainnet.
On the time, Boiron expressed his skepticism about L3 networks, declaring that Polygon Labs, a smartly-known Layer 2 (L2) scaling community for Ethereum, doesn’t work on L3s due to they don’t appear to be significant for scaling existing networks.
“L3s exist handiest to rob price some distance from Ethereum and onto the L2s on which the L3s are constructed,” he argued.
The L3 ecosystem contains diverse solutions from L2 networks impartial like Orbs, Xai, zkSync Hyperchains, and the recently launched Degen Chain on Arbitrum Orbit.
Meanwhile, the Polygon Proof-of-Stake (PoS) sidechain has efficiently accomplished the Napoli robust fork, adding make stronger for Dencun facets and making it the first community to enhance RIP-7212.
EIP-1153 targets to pork up the effectivity of block house utilization, optimizing the total efficiency of the community.
Source : cryptonews.com
