Polygon just lately made a giant 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 neighborhood celebrated the information, some critics have known as out Polygon over buying a couple of elements of the zkEVM know-how. Emir Gun Sirer, the CEO of Ava Labs, took a dig at Polygon and mentioned that Ava Labs is proud to announce that they’ve constructed their know-how with home-grown talent.
The feedback from Sirer didn’t sit effectively with Polygon co-founder Sandeep, who known as him out for jealousy and said that Alt-L1 blockchains have an existential risk 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 neighborhood. The corporate believes that their zkEVM is absolutely equal to the Ethereum Digital Machine and can improve the pace of transactions whereas decreasing gasoline prices.
Nevertheless, 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 neighborhood wants higher critics. He famous that firm did the sensible factor of buying helpful applied sciences quite than reinventing the wheel.
Polygon Executives Reply Different Criticisms
The Zero-Data rollup market has been extraordinarily aggressive within the final couple of days. zkSync and Scroll additionally made main bulletins concerning their ZK initiatives. Nevertheless, 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 gasoline charges, $ETH will likely be used on all public chains.
The Polygon neighborhood and their high executives stay bullish to succeed in their purpose of turning into the TOP 3 most influential blockchain after Bitcoin and Ethereum.
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