🚀 Polygon Labs And Fabric Cryptography Introduce Custom ZK Chip To Accelerate AggLayer Development
#PolygonLabs #FabricCryptography #ZKChip #AggLayer #Blockchain #Interoperability #CryptoSecurity #Liquidity
According to Odaily, Polygon Labs and Fabric Cryptography have announced the launch of a custom zero-knowledge (ZK) chip designed to accelerate the development of AggLayer. Currently, Polygon Labs is collaborating with the crypto hardware manufacturer Fabric Cryptography to integrate its Verifiable Processing Unit (VPU) into the AggLayer ecosystem. AggLayer is an interoperability layer being developed by Polygon Labs along with other key contributors. The primary goal of AggLayer is to enhance unified liquidity and security across the entire blockchain network.#PolygonLabs #FabricCryptography #ZKChip #AggLayer #Blockchain #Interoperability #CryptoSecurity #Liquidity
🚀 IoTeX And Polygon Announce DePIN Layer Support For All Chains
#IoTeX #Polygon #DePIN #blockchain #crosschain #liquidity #infrastructure #AggLayer #modularplatform #ecosystem #IOTX
According to BlockBeats, on September 18, during the recently concluded Singapore 2049 DePIN-themed summit 'R3al World,' IoTeX Co-Founder Raullen and Polygon Co-Founder Nailwal jointly announced the launch of a DePIN layer supporting all chains. This DePIN layer will be initiated with the combined support of IoTeX's 2.0 DePIN modular platform and Polygon's blockchain aggregation layer, AggLayer. The collaboration aims to provide better cross-chain communication and liquidity expansion for projects integrated with the DePIN module on IoTeX, allowing users to interact on their chosen chains.
In July this year, IoTeX officially announced its 2.0 DePIN modular strategy. Under this strategy, IoTeX aims to become an open DePIN infrastructure that transcends chain and ecosystem limitations, providing support for all project teams. This collaboration with Polygon is a significant step towards building cross-ecosystem DePIN infrastructure. Raullen stated, 'Our infrastructure will enable any DePIN developer to seamlessly connect with AggLayer, allowing users to interact with DePIN applications across multiple blockchains.' Polygon Co-Founder Nailwal added, 'This integration not only opens up opportunities for deep DePIN development on Polygon but also unleashes unprecedented liquidity and expansion opportunities for DePIN projects through AggLayer. By providing a dedicated platform that seamlessly connects different ecosystems, these projects can thrive in a multi-chain world.'#IoTeX #Polygon #DePIN #blockchain #crosschain #liquidity #infrastructure #AggLayer #modularplatform #ecosystem #IOTX
🚀 Polygon Co-Founder Launches Independent Venture Zisk
#Polygon #Zisk #JordiBaylina #zkEVM #blockchain #openSource #lowLatency #transactionValidation #PolygonLabs #leadershipRestructuring #SandeepNailwal #PolygonPoS #Agglayer
According to Foresight News, Polygon co-founder Jordi Baylina and the team behind Polygon zkEVM have transitioned into an independent company named Zisk. This new venture will focus on developing low-latency, open-source zkVM proof technology. Blockchain verifiers are used to validate transactions or on-chain data without revealing underlying information. Information from Zisk's website indicates that the project was incubated within Polygon Labs in May 2024 and became independent on June 13.
Previously, the Polygon Foundation underwent a leadership restructuring, with co-founder Sandeep Nailwal assuming the role of CEO. Nailwal outlined plans to phase out the zkEVM chain and redirect resources towards Polygon PoS and the Agglayer cross-chain aggregator.#Polygon #Zisk #JordiBaylina #zkEVM #blockchain #openSource #lowLatency #transactionValidation #PolygonLabs #leadershipRestructuring #SandeepNailwal #PolygonPoS #Agglayer