This partnership between Polygon Labs and the NEAR Foundation marks a significant effort to promote the use of zero-knowledge proofs.
In Brief
Polygon Labs collaborates with NEAR Foundation to develop a layer 2 prover powered by zkWasm for Polygon’s Chain Development Kit.
Polygon Labs has teamed up with the NEAR Foundation This initiative focuses on creating a ZK prover designed specifically for developers. Wasm blockchains This partnership is significant as it aims to bridge Wasm-based platforms with the Ethereum network, further integrating with Polygon's expanding multichain network.
Through this collaboration, the NEAR Foundation will play a vital role, acting as a key contributor to the Polygon Chain Development Kit. The zkWasm prover is expected to enhance flexibility for developers creating ZK-powered Layer 2 solutions on Ethereum. Sandeep Nailwal, the co-founder of Polygon, highlighted the partnership's aim to foster the adoption of zero-knowledge technology. .
He noted that the zkWasm prover has the potential to broaden the development landscape within the Polygon Chain Development Kit. It offers capabilities for launching new chains, upgrading existing ones, or creating Wasm chains that can synergize better with Ethereum's liquidity pools.
The NEAR Foundation and the significance of WebAssembly in zero-knowledge technology cannot be overstated.
WebAssembly (Wasm) plays a crucial role in efficiently running complex applications in web browsers. In the realm of Web3, the Wasm Virtual Machine is distinct from that of Ethereum and is utilized by innovative blockchains like NEAR and Polkadot. The zkWasm prover is expected to enhance scalability and promote decentralization, bringing NEAR Protocol closer to the Ethereum ecosystem.
The ongoing work to create an interoperability layer promises a future where various chains can join a unified network of Layer 2 solutions, all deployed using the Polygon Chain Development Kit. This network aims to connect multiple layer-1 and layer-2 solutions, resulting in a more unified and liquid blockchain environment.
Illia Polosukhin, one of the co-founders of NEAR Protocol, shared his excitement for the collaboration with Polygon Labs. The aim is to leverage zero-knowledge proofs to broaden the Web3 landscape beyond just NEAR, seeking to foster significant growth in the ZK sector and strategically align liquidity across different chains.
There are high hopes that the zkWasm prover will significantly enhance the scalability and decentralization of NEAR's Layer 1 infrastructure.
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