Polygon Co-founder Nailwal Equates Polygon’s zkEVM with Ethereum By CoinEdition


 ​Polygon Co-founder Nailwal Equates Polygon’s zkEVM with Ethereum By CoinEdition

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Cryptocurrency 15 minutes ago (Apr 07, 2023 04:00AM ET)

(C) Reuters Polygon Co-founder Nailwal Equates Polygon’s zkEVM with Ethereum

Sandeep Nailwal tweeted that Polygon’s zkEVM is equal to Ethereum.The Polygon co-founder’s tweet corroborated the claims of Brendan Farmer.Brendan Farmer explained how Polygon’s zkEVM has been identical to Ethereum.

Sandeep Nailwal, the co-founder of Polygon, the Ethereum scaling platform that recently launched the zero-knowledge Ethereum Virtual Machine (zkEVM), tweeted today morning equating Polygon’s zkEVM with Ethereum, citing “Polygon zkEVM= Ethereum.”

Nailwal shared the Twitter post, corroborating the messages posted by Polygon co-founder Brendan Farmer who detailed the features of zkEVM.

Previously on March 27, 2023, the platform announced the introduction of zkEVM Mainnet Beta, describing it as “a momentous occasion for Polygon.” Nailwal commented that the platform needed to be “extremely aligned to the Web3 ethos.”

Answering several queries and resolving controversies, Farmer shared a series of tweets yesterday, explaining how “Polygon zkEVM is the closest thing to Ethereum blockspace.” Farmer explained the operations by comparing Ethereum to a “pipe, with the cross-section corresponding to blockspace,” where the goal is simply to enlarge the pipe.

In addition, Farmer stated that Polygon had made efforts to make its zkEVM identical to Ethereum. First is by making all the codes, developer and security tools, wallets, and infrastructure parallel to Ethereum. The second requires “no bad UX,” like withdrawal delays. Ultimately, he believes, the services should be cheaper and faster.

Significantly, Farmer claimed that zkEVM is the only roll-up on the main net that satisfies the equivalence with Ethereum, adding: “It’s completely EVM-equivalent (except for 4 precompiles, coming soon), so everything just works. No compilers or re-audits needed.”

Further, he posited that zkEVM “doesn’t have withdrawal delays,” elaborating on the facilitation of fund deposits to L2 and withdrawal from L1 at the same hour. He concluded that the best way to build more blockspace for Ethereum is to make it as close to Ethereum L1 as possible.

The post Polygon Co-founder Nailwal Equates Polygon’s zkEVM with Ethereum appeared first on Coin Edition.

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Polygon Co-founder Nailwal Equates Polygon’s zkEVM with Ethereum

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