Polygon Labs’ Post

🚀 zkLink launches the layer 3 network Nexus on Polygon (MATIC) zkEVM, supporting zero-knowledge Ethereum layer 2 rollup solutions like zkSync and Starknet. Nexus opts for a single layer 2 network and conducts the zk-SNARK verification process, offering cost advantages over verification through the Ethereum mainnet. 🌐🔗 #zkLinkNexus #PolygonLayer3 🚀💻

Hey friends, continuing the tutorial in building a Decentralized Application on Polygon zkEVM - Part 5 https://lnkd.in/e6_Bw5JK This video will guide you in deploying your application to the web with Vercel, so you can share with others.

Astar Network Supernova Unveils Game-Changing zkEVM Solution The Path to Web 3 for Billions In a monumental move that has reverberated throughout the blockchain universe, Astar Network recently pulled back the curtain on its latest innovation: Astar zkEVM. This groundbreaking technology is poised to revolutionize the industry and accelerate the adoption of blockchain technology on a global scale. In essence, Astar zkEVM represents a quantum leap towards the global adoption of Web 3. It serves as a pivotal bridge, connecting the best of Ethereum’s Layer 2 solutions, Polkadot’s visionary ecosystem, and the wider blockchain landscape. With its commitment to interoperability, robust partnerships, enhanced security, and lower transaction costs, Astar zkEVM is the key to unlocking blockchain’s potential on a global scale. It empowers developers, attracts enterprises, maximizes utility for token holders, and envisions a world where blockchain technology is seamlessly integrated into everyday life. Astar zkEVM is not just an innovation; it’s a strategic move that sets the stage for a transformative and interconnected future in the world of blockchain technology.

The Dencun upgrade includes six EIPs related to Ethereum’s execution logic. The most important among these is EIP-4844, which introduces a special resource exclusively for Layer 2s that will reduce transaction fees. Find out what that means for Polygon scaling tools and protocols in the link below. https://lnkd.in/e4vKJb5S

Witness Chain, an Eigen Layer AVS, is building the DePIN Coordination Layer (DCL) with Polygon CDK and connecting to the AggLayer to unify DePIN economies on Ethereum. The ZK L2 will establish a consensus and verification protocol for the physical state of DePINs. The DCL forms a dynamic supply chain, pooling resources from various DePINs. It will help unleash vast potential for DePIN collaboration, fostering the creation of novel dApps with heightened trust and composability. By connecting to the AggLayer, the DCL can share value with other DePIN communities, bootstrap infrastructure, and access better tooling. 👉🏽 not only onboarding DePINs, but also capturing value from interconnected DeFi and DePIN ecosystems

Ethereum’s Dencun upgrade launches on Goerli testnet 🚀🚀 Ethereum's Dencun testnet upgrade was activated after overcoming temporary setbacks caused by low validator participation hindering consensus. The issues were resolved as Prysm validators came back online, allowing the final Goerli testnet fork before its shutdown to introduce long-awaited scalability boosts. Dencun will unleash key innovations like proto-danksharding to cut Layer 2 fees before eventual mainnet deployment. The full upgrade is set to go live in February 2023 — with the following schedule: 🔹 Goerli: Jan 17, 6:32:00 UTC 🔹Sepolia: Jan 30, 22:51:12 UTC 🔹Holesky: Feb 7, 11:34:24 UTC #ethereum #web3 #buidl

💙 GUIDE: Deploy smart contracts on Polygon zkEVM with Hardhat 🛠️ Explore the power of Polygon’s zkEVM, the first-ever EVM-compatible zero-knowledge rollup and how to deploy smart contracts on it with Hardhat with this tutorial. Learn to: 💙 Deploy Chainstack nodes for the Polygon zkEVM testnet. 💙 Use Hardhat to write and deploy your smart contracts seamlessly. 💙 Bridge Goerli ETH to zkEVM to test your contract deployments. 💙 Interact with your zkEVM smart contracts, leveraging zero-knowledge proofs for optimized transaction speed and operational efficiency. Start your zkEVM BUIDL 👇 https://bit.ly/48gwhcm

UniLend V2 Deployment on Arbitrum Proposal Approved! 🌟 UniLend's vibrant community has spoken, and the proposal has been given the green light with flying colours during the voting phase. It's nice to announce that UniLend V2 Deployment on Arbitrum is now a reality! 🚀 This fascinating move will unlock a whole new efficiency level, scalability, and accessibility for UniLend users. With Arbitrum's lightning-fast transactions and low fees, you can expect an enhanced DeFi experience like never before. 👀 As UniLend gets ready to release the most sophisticated version of UniLend yet, keep a watch out for upcoming information. The team has been putting in a lot of effort to create an unmatched DeFi ecosystem, and this approval demonstrates their dedication to creativity. 💡 Learn more about the governance proposal for UniLend V2 Deployment on Arbitrum and join the discussion on our Commonwealth page: https://lnkd.in/dnx-qz3B. #UniLend #DeFiRevolution #Arbitrum #DecentralizedFinance #CryptoNews #BlockchainTechnology

Significant Milestone Achieved: In approximately two years, dYdX has surpassed $1 trillion in trading volume, proving that non-custodial trading can indeed scale effectively. It's remarkable to reflect on our journey, where we once celebrated: - Daily volumes of $100,000 - Daily volumes of $1 million - Cumulative volumes of $1 billion - Cumulative volumes of $10 billion The growth has been exponential, and it underscores the scalability and potential of decentralized trading platforms. Can't wait for the next step in our journey 👨🚀