Polygon PoS may upgrade to 'zkEVM validium' version after proposal by co-founder
, Polygon zkEVM, that uses zero-knowledge proof rollups to scale Ethereum.
In the June 20 post, Bjelic proposed to also upgrade the old PoS network to a zkEVM — or zero-knowledge Ethereum Virtual Machine — version, making both networks rely on zero-knowledge proofs. However, unlike the network that just launched in March, the new version of Polygon PoS will not be a “rollup,” Bjelic stated. In other words, it will not store compressed transaction data on Ethereum.
This compromise will allow Polygon PoS to have lower transaction fees than Polygon zkEVM. It will also increase the security of Polygon PoS, since it will allow the network to inherit Ethereum’s security, the co-founder concluded.
“Upgraded Polygon PoS would offer very high scalability and very low fees, with the tradeoff of storing transaction data locally instead of on Ethereum. It would be a great fit for applications that have high transaction volume and require low transaction fees, e.g. Web3 gaming and social.” The Polygon co-founder offered a timeline for when he thought the upgrade could be implemented, stating that his informal proposal could be turned into a formal Polygon Improvement Proposal by November and implemented on mainnet sometime between February and March 2024.uniting many different application-specific chains. The devs call this project “Polygon 2.0.”
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