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BlockchainPolygon Labs acquires Toposware in order to propel the future of ZK...

Polygon Labs acquires Toposware in order to propel the future of ZK technology.

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In a groundbreaking development earlier this year, Polygon Labs and Toposware developers made a major breakthrough in zero-knowledge (ZK) proving technology by creating a Type 1 ZKEVM prover. This achievement, made possible by the expertise of Toposware, a renowned blockchain research and engineering company, marked a significant milestone for the industry.

Taking a strategic step forward, Polygon Labs has now acquired Toposware, a move that is set to propel the entire ZK community to new heights. By integrating Toposware’s team with Polygon’s existing ZK development teams, this acquisition aims to drive innovation across various technological fronts, including the AggLayer, Polygon CDK, Polygon zkEVM, and potentially upgrading Polygon PoS to a ZK validium, pending community approval. The collaboration brings together their collective ZK expertise to further enhance Polygon’s capabilities.

Toposware has played a crucial role in ZK technology as leaders in ZK research. Their development of the Type 1 prover, an open-source contribution to the Ethereum ecosystem, enables any EVM chain to become a ZK proof-based chain and connect to Ethereum. The Type 1 prover offers improved security guarantees and cost-effective proving for Ethereum, with an average per-transaction cost of just $0.0029 and a total cost of $0.534 to prove an Ethereum block.

The integration of Toposware will have a significant impact on all Polygon (MATIC) protocols. Ongoing research, with community consensus, aims to connect the Polygon PoS network to the AggLayer in the coming months, ultimately upgrading it to a ZK-secured chain. Toposware’s expertise will be crucial in ensuring seamless integration and enhanced security throughout this process.

Polygon Labs continues to lead the way in ZK research and development, turning industry theories into reality. The adoption of Plonky3, an open-source technology used to build SP1, is progressing rapidly, with other ZK teams relying on Polygon Labs’ research for their development work. The acquisition of Toposware is expected to bring fresh insights and innovations to the entire ZK space.

The acquisition of Toposware by Polygon Labs represents a significant leap forward in the advancement of ZK technology. By integrating Toposware’s expertise and innovative solutions, Polygon Labs is well-positioned to lead the next wave of ZK proving technology, benefiting the entire blockchain ecosystem. As the collaboration progresses, the crypto community eagerly anticipates the transformative impact of this strategic move.

Tags: MATIC

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