What Is Polygon Zkevm - PowerPoint PPT Presentation

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What Is Polygon Zkevm

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Learn about the newest developments in blockchain technology: What is Polygon zkEVM? Examine the possibilities for safe, scalable decentralised applications in the future. – PowerPoint PPT presentation

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Date added: 21 December 2023
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Title: What Is Polygon Zkevm


1
What Is Polygon Zkevm ?
2
Introduction
  • You might be wondering what is Polygon Zkevm?
    Zero-knowledge proofs (ZKPs) are used by Polygon
    zkEVM, an L-2 scaling solution for Ethereum, to
    provide high throughput and reduced gas costs. It
    is made to be completely compatible with the EVM,
    allowing programmers to quickly convert their
    current Ethereum dapps to Polygon zkEVM. ZKPs are
    a perfect solution for scaling blockchains
    because they enable off-chain transaction
    verification, which can drastically reduce
    bandwidth on the main chain. This allows two
    parties to verify the accuracy of a computation
    without disclosing the underlying data.

3
Use Cases of Polygon
  • Decentralized finance (DeFi) - Lending,
    borrowing, trading, and other DeFi applications
    are only a few of the many uses for Polygon
    zkEVM. Polygon zkEVM is perfect for these
    applications because of its higher throughput and
    reduced petrol fees, which let it to handle a
    large number of transactions fast and affordably.
  • Non-fungible tokens (NFTs) - NFTs could be
    generated and traded using Polygon zkEVM.
  • Enterprise applications - Because Polygon zkEVM
    can execute a huge number of transactions fast
    and affordably, it can be used for a range of
    entrepreneurial applications, including supply
    chain management, identity management, and voting.
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