Jordi Baylina, known for his zkEVM developments at Polygon, has announced the launch of a new project called Zisk. This move is aimed at further advancing zero-knowledge technology with his core team.
Overview of the Zisk Project
Jordi Baylina announced the launch of Zisk as an independent project aimed at delving into zero-knowledge technology with a core team of seven experienced developers. The Zisk codebase will build on previous advancements in blockchain scalability and privacy.
Impact on Polygon and Future Prospects
The emergence of Zisk may impact Polygon's strategy, as part of the intellectual property moves under the new project’s oversight. This affects Polygon's research and development directions. While Zisk's technology promises improvements in Ethereum scalability, immediate financial repercussions remain minimal, with no current influence on total value locked or market liquidity.
Expert Insights on Zisk and Its Significance
According to Jordi Baylina, 'Zisk, independent of Polygon, will advance zero-knowledge virtual machine technology with the same team and codebase.' Industry experts suggest that Zisk's work on a zero-knowledge virtual machine could lead to new partnerships in the DeFi and Layer 2 space. Historical trends indicate that such spinouts often lead to heightened innovation and ecosystem expansion.
Jordi Baylina's pivot towards Zisk underscores a significant evolution in the blockchain industry. The new project promotes an open approach and encourages broader community involvement in future developments.
