Polygon Labs, a leading company in the field of ZK engineering, has made a significant acquisition by bringing Toposware, a highly promising startup, into their team. This acquisition is expected to propel ZK technology to new heights.
Polygon Labs is thrilled to welcome Toposware, zk, to their team. Toposware has played a crucial role in the development of Type 1 zkEVM and has established themselves as pioneers in zk innovation and technology, particularly in the realm of zk-based interoperability.
In the first half of this year, Toposware and Polygon Labs collaborated on the creation of a Type 1 ZKEVM prover. The introduction of ZK proving technology has been a groundbreaking development in the blockchain sector, and the Toposware team deserves special recognition for their contributions in this field.
Polygon Labs has officially announced that Toposware has joined their company. The merger of Toposware with Polygon’s existing ZK invention teams is expected to fuel the development of several core areas, including AggLayer, Polygon CDK & Polygon zkEVM, and an upgrade for Polygon as a ZK validium.
Toposware is an active participant in the ZK research community and has been instrumental in the creation of the Type 1 prover, which has made a significant open-source contribution to the Ethereum ecosystem. The addition of the Type 1 prover enhances the security of existing chains and can be integrated into the AggLayer, which provides a neutral and interoperable network for sovereign blockchains.
While these advancements are a step forward, they are not a complete solution. However, the Type 1 prover has proven to be highly cost-efficient for verifying Ethereum transactions. In February, the cost per transaction was only $0.0029, and $0.534 was spent to verify an entire Ethereum block.
The acquisition of Toposware is expected to bring positive changes to all Polygon protocols. Community consensus has led to ongoing research to connect the Polygon PoS network to the AggLayer in the coming months. TopoSWAP will play a vital role in transitioning the network to a ZK-protected chain.
Over the years, Polygon Labs has been at the forefront of ZK research and development, translating theoretical concepts into practical applications. The widespread adoption of Plonky3, an open-source technology used to build SP1, is just one example of how Polygon’s research is influencing other ZK teams.
Tags: MATIC