Polygon acquires the MIR protocol as part of a $ 400 million deal to strengthen groundbreaking ZK Rollup Tech-Defi

On December 9th, polygon co-founder Mihailo Bjelic announced that the project took over the Ethereum scaling startup to me as part of a $ 400 million deal. The MIR team from cryptographers and engineers joins polygon to create a "highly scalable, Ethereum-compatible ZK-Rollup" called polygon zero.

Mihailo Bjelic: "Polygon focuses on zero knowledge cryptography as a final for blockchain scaling"

After taking over the hermez-network (now polygon Hermez ) For 250 million US dollars in August, the project announced that it has bought the scaling startup Ethereum Mir . Polygon co-founder Mihailo Bjelic announced the takeover on Thursday and said the startup "Building the groundbreaking ZK technology". The 400 million dollar deal paves the way for the new ZK Rollup project from Polygon.

"The MIR team is now joining polygon to use this groundbreaking technology and build our new project-polygon zero, a highly scalable, Ethereum-compatible ZK-Rollup," said Bjelic. "Polygon focuses on the zero knowledge (ZK) cryptography as a final for blockchain scaling. We have provided $ 1 billion from the Ministry of Finance of Polygon for these efforts and our plans in our ZK final work " Co -founder.

In the last 30 days, the native token of the polygon network matic climbed by 11,750 % in the USD value. While the costs for the transmission of ether $ 8.31 per transfer are, the costs for the same transmission with polygon hermez $ l2fees.info . Polygon also announced several new rollups before I took over.

mixed, burglary of darkness, plonky2

The project recently revealed polygon Ethereum-compatible Rollup on November 16, and Polygon Burglary of darkness , a data protection -oriented rollup. In addition to the takeover of me, the co -founder of Polygon explains that the team is planning the introduction of efficient recursive evidence.

"The ZK scaling is the future of Ethereum, but there are no scalable, EVM compatible ZK-Rollups," says Bjelic. "The missing piece is efficient recursive evidence, as recursion enables us to parallel the evidence for a much better performance. Unfortunately, the existing recursive evidence systems that are supported by Ethereum are inefficient and slow." Bjelic added:

This ends today. We announce Plonky2, a recursive evidence system that is incredibly fast and Ethereum-friendly. We believe that this technical breakthrough is enormous added value for the community and will open up new limits of Ethereum scaling.

bjelic further explains that Plonky2 can "use Ethereum" and "Plonky2 can generate recursive evidence in an incredible 170 milliseconds on a laptop". The co -founder of Polygon said that Plonky2 will be officially announced in the next few weeks. With regard to the Total Value Locked (TVL) in decentralized finance (Defi), Polygon $ 4.88 billion .

The 4.88 billion in polygon defi protocols are 1.96% of the $ 248 billion, which are included in all blockchains in defi protocols, according to the statistics from Defillama.com. Defi protocols that use polygon include projects such as Aave, Quickswap, Sushiswap, Curve and Balancer. With regard to the announcement of me, Bjelic Post notes that part of the $ 400 million deals with matic-token .

What do you think that polygon takes over me as part of a $ 400 million deal? Let us know your opinion on this topic in the comments below.

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