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Home” Ecosystem” Polygon invests $5M in ‘VPU’ chips that might decrease zero-knowledge evidence expenses
by
Vince Dioquino
Sep. 10, 2024
Polygon Labs has actually partnered with hardware maker Fabric to speed up zero-knowledge evidence generation for its AggLayer task.
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Polygon Labs, a significant Ethereum layer-2 designer, has actually revealed strategies to buy $5 million worth of server systems enhanced for zero-knowledge (ZK) cryptography processing from hardware maker Fabric.
The acquisition becomes part of a collaboration targeted at speeding up the advancement of Polygon’ s AggLayer, an interoperability option created to allow smooth token transfers in between associated blockchain networks. Material is producing customized zero-knowledge chips, called proven processing systems (VPUs), particularly for the AggLayer job.
Polygon’ s ZK group has actually been teaming up with Fabric to produce VPUs customized for its prover libraries, Plonky2 and Plonky3. These provers are vital elements in blockchain systems constructed around zero-knowledge cryptography, which has actually become a crucial focus for Polygon and a hot subject in the crypto market.
Implementing this tech will enormously speed up the advancement of the AggLayer, bringing real-time, budget-friendly evidence […] and much lower proving expenses than formerly believed possible in the medium-term,” Bjelic stated.
Enhancing zero-knowledge tech for lower expenses and faster deals
The collaboration follows Fabric’ s current $ 33 million Series A financing round, in which Polygon Labs took part. Material’ s VPUs are customized chips developed to enhance cryptography and blockchain procedures. According to Polygon co-founder Mihailo Bjelic, these specialized chips might considerably speed up the timeline for larger adoption of zero-knowledge innovation, eliminating the time needed for advancement and research study.
Fabric s VPUs can speed up the timeline for broader adoption of zero-knowledge innovation from 3 to 5 years to 6 to 12 months,” Bjelic declares. He included that executing this innovation would “ enormously speed up the advancement of the AggLayer, bringing real-time, budget friendly evidence that no one idea would come for many years.”
By establishing hardware particularly enhanced for ZK-proof generation, the collaboration intends to get rid of existing constraints and lead the way for more effective and scalable blockchain options. In associated news, Polygon has actually started moving its MATIC tokens to POL, pursuing a brand-new ‘ hyperproductive stage for the token’ s energy.
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