Polygon's Miden scaling solution is quickly taking shape

On Aug. 27, Polygon announced it had teamed up with QED Protocol, a zero-knowledge (ZK)-native blockchain protocol, to bolster Miden's proof-generation

Polygon is rapidly integrating new technologies into its Miden scaling solution.

On Aug. 27, Polygon announced a collaboration with QED Protocol, a zero-knowledge (ZK)-native blockchain protocol, to enhance Miden’s proof-generation capabilities. Miden users prove transactions off-chain by generating ZK proofs on their own devices.

As part of this integration, Miden has integrated QED’s WebGPU, a WebCompute API that enables parallel computation in the browser. According to QED, WebGPU facilitates the creation of “next generation” ZK proofs in conjunction with hardware acceleration techniques designed for modern GPUs. QED also claims that thanks to the WebGPU integration, Polygon Miden users can now prove transactions up to 10 times faster.

“This collaboration enables the creation of DeFi, real-world asset (RWA), and other complex decentralized applications, as well as a substantial expansion of on-chain interactions,” QED stated. “Through client-side proving, we are able to vastly expand the types of dApps, RWAs, and, most importantly, people we can bring into blockchain.”

According to QED, WebGPU also contributes to reducing the variance of transaction fees on the Polygon Miden network.

About Polygon Miden

Miden is an upcoming modular execution layer and ZK rollup that empowers developers to build high-throughput applications with robust privacy features.

Its Miden Virtual Machine (VM) facilitates client-side proving and is optimized for STARK proofs rather than Ethereum Virtual Machine equivalence. According to Polygon, Miden VM enables features beyond the boundaries of EVM execution.

Polygon launched Miden’s alpha testnet in May and deployed its third testnet last month.

In April, Polygon Miden joined QED’s L20 Consortium, a collective of projects dedicated to bringing Bitcoin’s native security to applications and Layer 2 solutions.

Once live on mainnet, Miden will be the latest addition to Polygon’s suite of scalability solutions. Currently, Polygon maintains the Polygon PoS Chain sidechain, Polygon ZkEVM Layer 2 rollup, and modular Chain Development Kit. However, Polygon is planning to unify its ZkEVM and PoS Chain networks.

Polygon is also working to establish AggLayer, an interoperable ecosystem of blockchain networks.

The price of Polygon’s MATIC token is down 3.7% in the past 24 hours amid a broader cryptocurrency pullback, according to The Defiant's crypto price feeds. Polygon is preparing to migrate MATIC to its new token, POL, on Sept. 4.

The above is the detailed content of Polygon's Miden scaling solution is quickly taking shape. For more information, please follow other related articles on the PHP Chinese website!