Polygon just lately made an enormous announcement about their plan to launch zkEVM. zkEVM is a layer 2 scaling possibility that makes use of zero-knowledge rollups to scale Ethereum.
Whereas most within the Polygon group celebrated the information, some critics have known as out Polygon over buying a couple of components of the zkEVM expertise. Emir Gun Sirer, the CEO of Ava Labs, took a dig at Polygon and stated that Ava Labs is proud to announce that they’ve constructed their expertise with home-grown talent.
The feedback from Sirer didn’t sit nicely with Polygon co-founder Sandeep, who known as him out for jealousy and said that Alt-L1 blockchains have an existential menace from L2 options like Polygon.
The Again and Forth, Defined
Sandeep believes that just like the Ethereum merge, the zkEVM is a milestone for the Ethereum group. The corporate believes that their zkEVM is totally equal to the Ethereum Digital Machine and can enhance the velocity of transactions whereas decreasing fuel prices.
Nonetheless, many critics have voiced the identical opinion as that of Sirer. Mudit Gupta, the Chief Data Safety Officer of Polygon, hit again at these critics and said that the Web3 group wants higher critics. He famous that firm did the sensible factor of buying helpful applied sciences somewhat than reinventing the wheel.
Polygon Executives Reply Different Criticisms
The Zero-Information rollup market has been extremely competitive within the final couple of days. zkSync and Scroll additionally made main bulletins concerning their ZK tasks. Nonetheless, Mihailo Bjelic, one other co-founder of Polygon highlighted that zkSync isn’t utterly open-source and Scroll solely helps a portion of EVM compatibility.
Furthermore, Sandeep answered a number of critics’ queries concerning confusion between $MATIC and $ETH. He clarified that $MATIC would be the solely token used for all networks, nonetheless for fuel charges, $ETH shall be used on all public chains.
The Polygon group and their high executives stay bullish to succeed in their aim of changing into the TOP 3 most influential blockchain after Bitcoin and Ethereum.
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