• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Polygon Labs Invests $5 Million in VPU Chips to Streamline Zero-Knowledge Proofs for AggLayer

user avatar

by Giorgi Kostiuk

a year ago


  1. Investment in VPU Chips
  2. Technological Advantage
  3. Usage Prospects

  4. Polygon Labs announced a $5 million investment in specialized hardware systems to enhance zero-knowledge proof generation. This investment is part of a strategic partnership with hardware manufacturer Fabric.

    Investment in VPU Chips

    Polygon Labs announced a $5 million investment in specialized hardware systems to enhance Zk-proof generation. This investment is part of a strategic partnership with Fabric, a hardware manufacturer, to advance the AggLayer project. Additionally, the AggLayer project will be a cornerstone of the Polygon 2.0 upgrade.

    Technological Advantage

    Zero-knowledge cryptography, which allows the verification of transactions without revealing the underlying data, is central to the AggLayer project. In partnership with Fabric, known for its custom zero-knowledge chips called verifiable processing units (VPUs), Polygon aims to make this process faster and more cost-effective. VPUs are being developed specifically for Polygon’s ZK prover libraries, Plonky2 and Plonky3. These systems are the fastest for recursive proofs and zero-knowledge cryptography, which requires real-time proving.

    Usage Prospects

    Zero-knowledge proofs are considered the future of blockchain technology, but the high cost and complexity of generating these proofs have hindered widespread adoption. VPUs help reduce the cost and time needed to generate ZK proofs, transforming the blockchain ecosystem. This also accelerates technology adoption in the near future. In the long term, the Polygon and Fabric partnership means increased scalability and efficiency, making transactions smoother across blockchain networks.

    This $5 million investment in VPUs signifies Polygon Labs' continued commitment to enhancing blockchain innovation and technological advancement.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Coral Protocol Surpasses Microsoft in AI Agent Performance

chest

Coral Protocol outperformed Microsoft's Magnetic UI by 34% on the GAIA benchmark, showcasing its agent performance.

user avatarAyman Ben Youssef

Coral Protocol Unveils Coral V1 with Innovative Remote Agents

chest

Coral Protocol has launched Coral V1, introducing remote software agents for multiagent deployment across blockchain ecosystems.

user avatarKofi Adjeman

Coral V1 Launches Coral Registry to Empower Developers

chest

Coral V1 launches the Coral Registry, a marketplace for developers to publish agents and receive payouts, addressing compensation challenges in AI development.

user avatarTando Nkube

Mutuum Finance Introduces Leaderboard Incentives and Security Measures

chest

Mutuum Finance has launched a leaderboard incentive program and is undergoing an independent security audit to enhance investor confidence.

user avatarNguyen Van Long

Bybit Endorses Siacoin's Security-Focused v2110 Upgrade

chest

Bybit announces support for Siacoin's v2110 network upgrade, focusing on security and scalability enhancements.

user avatarSatoshi Nakamura

Kaspa Token Experiences Significant Price Movement

chest

The Kaspa token surged over 60% in five days but faced a 10% pullback recently, raising questions about its future trajectory.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.