• About
  • Coincu
  • Hot topics
  • Random
Tuesday, January 31, 2023
CoinCu News
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • DeFi
  • Reviews
    • Exchange Reviews
    • DeFi Reviews
    • GameFi Reviews
    • Others Reviews
  • Recommended
    • Best Presale Cryptocurrencies
    • Best Bitcoin Casinos
    • Best Bitcoin Gambling Sites
  • Video
  • Live Prices
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
  • Home
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • DeFi
  • Reviews
    • Exchange Reviews
    • DeFi Reviews
    • GameFi Reviews
    • Others Reviews
  • Recommended
    • Best Presale Cryptocurrencies
    • Best Bitcoin Casinos
    • Best Bitcoin Gambling Sites
  • Video
  • Live Prices
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
No Result
View All Result
CoinCu News
No Result
View All Result
Home Market

Polygon introduces scaling solution zk-STARK for the DApp provision

November 17, 2021
in Market
393
92
SHARES
3.1k
VIEWS
Share on Facebook

Can SushiSwap Squeezed By The Giants Still Breakthrough?

Bitget Review: A Safe And Legal Cryptocurrency Exchange You Should Try

Polygon charges past Ethereum with active user numbers

Polygon, a Layer 2 scaling solution for Ethereum-compatible blockchains, announced in a press release to Cointelegraph that it has introduced the zk-STARK-powered Miden Virtual Machine to develop blockchains.

1/7 We’re proud to introduce the newest addition to the Polygon family – Polygon Miden, an EVM compatible, STARK-based upcoming compilation!

The project is led by @bobbinth, former Facebook director ZK researcher who led the development of Winterfell.

A, why this is interesting … pic.twitter.com/5RqAJgnZlP

zk-STARK is an acronym for Zero-Knowledge Scalable Clear ARgument of Knowledge. In layman’s terms, zero-knowledge technology enables one party to prove to another party that it has personal information (such as passwords) without revealing it. STARK is one such method to algorithmically obscure, prove, or verify such information. Polygon has invested more than $ 1 billion in developing zero-knowledge technology.

Giải thích về zk-SNARKs và zk-Starks

One application of zk-STARK is used in complex decentralized finance or DeFi, such as auto insurance or decentralized health products, due to the need for identity verification. zk-STARK and similar plans can edit sensitive information about digital assets such as driver’s licenses or passport copies and reduce their size for quick review by blockchain participants.

It ensures that nodes can certify the authenticity of such documents without them coming into contact with the actual personal data of the user – thereby alleviating privacy concerns and building trust for DeFi products. But it can also be used to simplify cryptographic evidence in consensus mechanisms and to improve computing power.

Giải thích về zk-SNARKs và zk-Starks | Binance Academy

Sandeep Nailwal, co-founder of Polygon, said the following about the development:

ZK is the way forward for Ethereum and the Miden VM is one of the most important elements of Polygon’s roadmap for Ethereum’s scalability. It will simplify and accelerate validation for DeFi and crypto applications and improve the speed and scope of the polygon ecosystem.

.

.

What is zkEVM? Importance of zkEVM for Ethereum Scaling 2022

Ethereum The Merge: Origins, Contexts, and Misunderstandings of The Merge 2022

Top Layer 2 Excels On Ethereum 2023

Overview of StarkWare – The most anticipated Layer-2 solution in 2022

Polygon Focuses On Developing Blockchain Infrastructure In 2022-2023

Polygon Weekly Recap | Jul 25th - 31st, 2022

Tags: # Press release#Decency#TechnologyAltcoinsapplicationsBlockchaincryptocurrencyDeFiPolygonprivacy
Previous Post

The US. Department of Justice is selling $ 56 million in crypto to compensate victims of fraud

Next Post

Mount Gox is now “final and binding”

Other Posts

Digital Yuan Is Available In 17 Provinces And Actively Promoted By The Central Bank Of China
Market

Digital Yuan Is Available In 17 Provinces And Actively Promoted By The Central Bank Of China

January 30, 2023
Bitcoin Hashrate Hits 271.34 EH/s All-Time High As Bitcoin Crosses $21,000
Bitcoin

Bitcoin HashRate Rises To 271.34 EH/s All Time High As Bitcoin Crosses $21,000

January 16, 2023
Sequoia Capital Had Cut Investments For 2 New Funds In The Crisis
Market

Sequoia Capital Had Cut Investments For 2 New Funds In The Crisis

January 14, 2023
South Korea Has Ordered Strict Sanctions For 5 Serious Crimes Related To Virtual Assets
Market

South Korea Has Ordered Strict Sanctions For 5 Serious Crimes Related To Virtual Assets

January 13, 2023
5 Big Exchanges Of DAXA Developed Common Standards For Delisting
Market

5 Big Exchanges Of DAXA Developed Common Standards For Delisting

January 12, 2023
El Salvador Approved Digital Asset Issuance Law, New Step For Bitcoin Bonds
Market

El Salvador Approved Digital Asset Issuance Law, New Step For Bitcoin Bonds

January 12, 2023
Next Post
Mount Gox is now “final and binding”

Mount Gox is now "final and binding"

Leave Comment
  • Hypernative Raises $9 Million Seed Investment For Crypto Security

    Hypernative Raises $9 Million Seed Investment For Crypto Security

    140 shares
    Share 56 Tweet 35
  • Bitcoin Posibbly Surge To $180,000, Says Analyst Who Nailed Bitcoin 2021 Collapse

    151 shares
    Share 60 Tweet 38
  • Altcoins Seems To Complete Their Five-wave Rallies, Issues Alert To Traders

    98 shares
    Share 39 Tweet 25
  • Polygon (MATIC) Ends January Gain 50% As Trader Now Turns $84K Into $4 Million

    111 shares
    Share 44 Tweet 28
  • Polygon (MATIC) Is Likely Gain 60% As AVAX And VRA Bulls Should Wait For A Dip

    94 shares
    Share 38 Tweet 24
Biden Administration Announcing Roadmap To Tackle Crypto Risks

Biden Administration Announcing Roadmap To Tackle Crypto Risks

January 31, 2023
Can SushiSwap Squeezed By The Giants Still Breakthrough?

Can SushiSwap Squeezed By The Giants Still Breakthrough?

January 31, 2023
Bitget Review: A Safe And Legal Cryptocurrency Exchange You Should Try

Bitget Review: A Safe And Legal Cryptocurrency Exchange You Should Try

January 31, 2023
The “Crypto Twitter” Game Has Successfully Raised $6 Million USD

The “Crypto Twitter” Game Has Successfully Raised $6 Million USD

January 31, 2023
UK Regulator Has Launched An Investigation Into Charities Linked To FTX

UK Regulator Has Launched An Investigation Into Charities Linked To FTX

January 31, 2023
NFT Trading Platform SudoSwap Launching SUDO Token And First Airdrop

NFT Trading Platform SudoSwap Launching SUDO Token And First Airdrop

January 31, 2023
A "Dream House" Owned By Sam Bankman-Fried In Washington Sold For $3.3 Million

A “Dream House” Owned By Sam Bankman-Fried In Washington Sold For $3.3 Million

January 31, 2023
Sovereign Labs Raises $7.4 Million For Developers To Create New ZK-rollups

Sovereign Labs Raises $7.4 Million For Developers To Create New ZK-rollups

January 31, 2023
Blockfi Plans To Sell Some Crypto Mining Assets To 35 Potential Partners After Bankruptcy Hearing

Blockfi Plans To Sell Some Crypto Mining Assets To 35 Potential Partners After Bankruptcy Hearing

January 31, 2023
Canto TVL Doubled In January, Reflecting A Breakthrough For The Emerging Blockchain

Canto TVL Doubled In January, Reflecting A Breakthrough For The Emerging Blockchain

January 31, 2023
  • Live Prices
  • Binance
  • NFT
  • Solana
  • Metaverse
  • Polygon
  • Coinbase
  • Trending
  • LuxWorld
  • CryptoLinks

© 2021 COINCU Financial Group Inc. Address: Road Town, Tortola, British Virgin Islands. Email us: [email protected]

No Result
View All Result
  • Coincu
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • Metaverse News
    • NFTs News
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • DeFi
  • Reviews
    • Exchange Reviews
    • DeFi Reviews
    • GameFi Reviews
    • Others Reviews
  • Recommended
    • Best Presale Cryptocurrencies
    • Best Bitcoin Casinos
    • Best Bitcoin Gambling Sites
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
  • Video
  • Live Prices

© 2021 COINCU Financial Group Inc. Address: Road Town, Tortola, British Virgin Islands. Email us: [email protected]

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In