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Polygon and fabric team up to fast track zk proof adoption on agglayer
Polygon and fabric team up to fast track zk proof adoption on agglayer

Cryptocurrency

Polygon and Fabric Cryptography collaborate to accelerate zero-knowledge proof adoption on AggLayer

Fabric Cryptography and Polygon Labs have joined forces to speed up the use of zero-knowledge proof technology on the AggLayer. Fabric’s special Verifiable Processing Units will be used in this partnership, which will speed up blockchain transfers and make them easier to scale. The goal of the partnership is to change how users and developers deal with autonomous systems and to encourage everyone around the world to use DeFi.

Fabric Cryptography and Polygon Labs, a major player in the blockchain space, have joined forces to speed up the use of zero-knowledge proof (ZKP) technology on the AggLayer. Fabric’s Verifiable Processing Units (VPUs) will be added to the Polygon environment as a result of this partnership. This will make blockchain transfers faster, safer, and cheaper.

The AggLayer, Polygon’s new aggregation layer, uses ZKP to improve scaling and cross-chain compatibility. Fabric’s VPUs are specialized silicon chips that can handle complicated encryption methods. We will add them to the AggLayer to make it work better. With this combination, ZKP will be widely used in much less time, only a few months instead of years.

Polygon’s co-founder Mihailo Bjelic was positive about the partnership and pointed out the big benefits for both writers and fans. Bjelic says that VPUs will make blockchain transactions faster, cheaper, and safer. This will allow users to communicate across various blockchains more easily and at a low cost, with processing times that are almost instant. It will be easier for developers to add ZKP technology to their apps as well.

ZKPs are very important to decentralized finance (DeFi) for its growth. This technology solves some of blockchain’s biggest problems, like security and scaling, by letting blockchains check transactions right away, without having to wait for a long time. By making cross-chain proof easy, ZKPs hope to increase the use of DeFi around the world, make liquidity more stable, and open up new possibilities in decentralized ecosystems.

Even with these improvements, there was recently a security breach when someone hacked into the Polygon ecosystem’s Discord channel. Even though there wasn’t any major damage, the hack was a good lesson of how hard it is to keep blockchain development safe. Adding VPUs to the AggLayer is part of Polygon’s bigger plan to boost security as it gets ready for a major network update that will include switching from MATIC to the new POL token.

The relationship between Polygon and Fabric Cryptography makes it easier for ZKP to be used more quickly. It also opens up new blockchain apps and strengthens the base for a safer, more decentralized future.

author avatar
Sagar Saini
A dedicated freelance blogger with a strong passion for finance and business, With a keen interest in the world of cryptocurrency.
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