The team behind the Polygon zkEVM solution has announced its transition to the independent ZisK project. This move comes with changes in the strategy of the Polygon Foundation.
Reasons for the Polygon zkEVM Team Transition to ZisK
The team responsible for developing the Polygon zkEVM solution has transitioned to a standalone Swiss company named ZisK. This change involves a complete transfer of the team, along with code and intellectual property to a new corporate structure. The goal of ZisK is to focus on developing open-source zkVM zero-knowledge technology.
Goals and Objectives of ZisK in zkVM Technology
ZisK’s mission is to become a leader in zero-knowledge virtual machine (zkVM) technology, focusing on reducing latency in proof generation. Low-latency proofs are critical for real-world applications of zero-knowledge, enabling faster transactions and more responsive dApps.
Strategic Pivot of the Polygon Foundation
The decision by the Polygon Foundation to shift focus towards other initiatives, such as Polygon PoS and the AggLayer project, reflects an increased prioritization of resources. This signals a change in the long-term vision of Polygon regarding scalability and interoperability.
The spin-off of the Polygon zkEVM team into the independent ZisK project, led by Jordi Baylina, represents a strategic evolution. It allows for specialization in zkVM technology while enabling the Polygon Foundation to streamline its resources towards core initiatives. This move aims to accelerate innovations in zero-knowledge proofs, potentially benefiting the entire blockchain ecosystem.
