Polygon just lately made an enormous announcement about their plan to launch zkEVM. zkEVM is a layer 2 scaling choice that makes use of zero-knowledge rollups to scale Ethereum.
While most within the Polygon group celebrated the information, some critics have known as out Polygon over buying a number of elements of the zkEVM expertise. Emir Gun Sirer, the CEO of Ava Labs, took a dig at Polygon and mentioned that Ava Labs is proud to announce that they’ve constructed their expertise with home-grown talent.
The feedback from Sirer didn’t sit properly with Polygon co-founder Sandeep, who known as him out for jealousy and said that Alt-L1 blockchains have an existential menace from L2 options like Polygon.
The Back and Forth, Explained
Sandeep believes that just like the Ethereum merge, the zkEVM is a milestone for the Ethereum group. The firm believes that their zkEVM is absolutely equal to the Ethereum Virtual Machine and can enhance the pace of transactions whereas lowering fuel prices.
However, many critics have voiced the identical opinion as that of Sirer. Mudit Gupta, the Chief Information Security Officer of Polygon, hit again at these critics and said that the Web3 group wants higher critics. He famous that firm did the good factor of buying helpful applied sciences slightly than reinventing the wheel.
Polygon Executives Answer Other Criticisms
The Zero-Knowledge rollup market has been extremely competitive within the final couple of days. zkSync and Scroll additionally made main bulletins relating to their ZK initiatives. However, Mihailo Bjelic, one other co-founder of Polygon highlighted that zkSync isn’t utterly open-source and Scroll solely helps a portion of EVM compatibility.
Moreover, Sandeep answered a number of critics’ queries relating to confusion between $MATIC and $ETH. He clarified that $MATIC would be the solely token used for all networks, nevertheless for fuel charges, $ETH shall be used on all public chains.
The Polygon group and their high executives stay bullish to succeed in their objective of changing into the TOP 3 most influential blockchain after Bitcoin and Ethereum.
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