Market Cap: $2.2043T 0.58%
Volume(24h): $56.8553B 3.76%
  • Market Cap: $2.2043T 0.58%
  • Volume(24h): $56.8553B 3.76%
  • Fear & Greed Index:
  • Market Cap: $2.2043T 0.58%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$87959.907984 USD

1.34%

ethereum
ethereum

$2920.497338 USD

3.04%

tether
tether

$0.999775 USD

0.00%

xrp
xrp

$2.237324 USD

8.12%

bnb
bnb

$860.243768 USD

0.90%

solana
solana

$138.089498 USD

5.43%

usd-coin
usd-coin

$0.999807 USD

0.01%

tron
tron

$0.272801 USD

-1.53%

dogecoin
dogecoin

$0.150904 USD

2.96%

cardano
cardano

$0.421635 USD

1.97%

hyperliquid
hyperliquid

$32.152445 USD

2.23%

bitcoin-cash
bitcoin-cash

$533.301069 USD

-1.94%

chainlink
chainlink

$12.953417 USD

2.68%

unus-sed-leo
unus-sed-leo

$9.535951 USD

0.73%

zcash
zcash

$521.483386 USD

-2.87%

Cryptocurrency News Articles

Polygon's New ZK Proving System, 'Plonky3,' Comes as Open-Source Toolkit

Jul 16, 2024 at 09:00 pm

Proving systems are a crucial component at the heart of blockchain ecosystems, allowing secondary "rollup" networks to confirm transactions on a base chain like Ethereum.

Polygon's New ZK Proving System, 'Plonky3,' Comes as Open-Source Toolkit

Polygon Labs, the main developer firm behind the layer-2 blockchain Polygon, released on Tuesday the latest version of its zero-knowledge proving system.

Dubbed “Plonky3,” the new proving system is designed to be more flexible than the previous model, which was released in 2022 and is known as Plonky2.

“A proving system is at the heart of ZK rollups, and a crucial component in the cryptographic security of distributed networks with multiple layers,” Polygon Labs said in a press release.

“It is the piece of technology responsible for creating proofs that summarize off-chain transactions, so the information can then be fed back to a base blockchain, such as Ethereum.”

According to the press release, Plonky3 is now available as open-source software under the popular MIT and Apache licenses.

“Plonky2 was a single proving system focused on lightning-fast recursion by optimizing for hardware,” Polygon wrote in the press release, whereas Plonky3 is an "open-source toolkit that empowers ZK developers to build their own” virtual machines based on ZK cryptography.

When Polygon released Plonky2 in 2022, the project's developers claimed that it was 100 times faster than existing alternatives at the time.

“Plonky2 partly had some performance issues, and partly didn't quite have the generality that we needed,” said Daniel Lubarov, a co-founder at Polygon, said in an interview with CoinDesk.

“We see it as more part of the future direction of Polygon technology.”

“The proving system is the underlying thing that kind of allows us to do that [proving] efficiently and sort of within a practical level of performance,” Brendan Farmer, a co-founder at Polygon, added in an interview.

Polygon has fully embraced zero-knowledge technology, seen as one of the hottest trends in blockchain.

In 2021, Polygon acquired the Hermez and Mir teams, among the most prominent zero-knowledge cryptography teams at the time, and brought their founders in-house. Farmer and Lubarov co-founded Mir together.

Since then, Polygon was one of the first teams to launch a zero-knowledge rollup in 2023, and acquired a third firm, Toposware, to continue building out its zero-knowledge expertise.

“In the past, we had Plonky2, and we also had a few other separate prover libraries, one by the Miden group and one by the Hermez group within Polygon,” Lubarov told CoinDesk.

“Our plan now is to bring it all together under one code base and one framework.”

Original source:coindesk

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Aug 09, 2026