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Zero-Knowledge Proofs
Polygon to Start Much-Awaited Swap of POL Token for Longstanding MATIC
The migration to POL from MATIC will also bring in some tokenomics changes with a new emission rate of 2% annually.
Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS
Risks include operations and security, governance, legal, settlement finality and compliance, the report said.
It's a Different Sort of Olympics as Cryptographers Face Off in Polyhedra's 'Proof Arena'
This team of cryptographers claimed their "prover" – a key component of many blockchain systems – was faster than anyone else's. Now they've built a platform they say will provide transparent benchmarking for anyone who wants to compare the various options out there.
Bitcoin's 'OP_CAT' Possibilities Teased in StarkWare Test Project
StarkWare used its new STARK verifier on the Signet network, a testing environment for Bitcoin, in a proof-on-concept project designed to demonstrate what the oldest blockchain might be capable of were the pending "OP_CAT" technical proposal to get adopted.
Polygon's New ZK Proving System, 'Plonky3,' Comes as Open-Source Toolkit
Proving systems are a crucial component at the heart of blockchain ecosystems, allowing secondary "rollup" networks to confirm transactions on a base chain like Ethereum. Polygon's prior version, Plonky2, was released in 2022.
Polygon Acquires Zero-Knowledge Cryptography Firm Toposware
Sources close to the deal told CoinDesk that the company was valued at $30-50 million. The purchase means that Polygon Labs has invested over $1 billion on zero-knowledge research and acquisitions, the team shared in a press release.
Layer-2 Network Starknet Gets Ethereum Virtual Machine With Zero-Knowledge Proofs
The zkEVM, called Kakarot, already in testing, will be available via the Starknet Stack.
Thiel-Backed Cryptography Startup Lagrange Raises $13M
Lagrange, which specializes in zero-knowledge cryptography, is the latest startup to ride EigenLayer's "restaking" wave.
EigenLayer-Powered Aligned Layer Raises $20M to Make ZK Proofs Faster, Cheaper on Ethereum
The fundraise was led by Hack VC and included contributions from DAO5, L2Iterative, NomadCapital_io, FinalityCap, Symbolic VC and Theta Capital
Crypto Exchange OKX's Polygon-Powered Layer 2, 'X Layer,' Hits Public Mainnet
OKX's comes as other major cryptocurrency exchanges, like Coinbase and Kraken, have also pursued their own layer 2 networks over the last year.
