QuickNode & Polygon zkEVM: Unleashing the Future of Ethereum Scalability, Performance, and Security
Polygon zkEVM is a breakthrough Ethereum scaling solution that focuses on seamless integration and enhanced performance for users and developers by leveraging zero-knowledge proofs for increased throughput and security.
March 27, 2023 — QuickNode, the leading provider of reliable blockchain infrastructure and Web3 development tools, is excited to announce our support for Polygon Labs' groundbreaking Polygon zkEVM on the Polygon Blockchain. This innovative Ethereum scaling solution harnesses the power of zero-knowledge proofs to revolutionize transaction costs, performance, and security while maintaining compatibility with existing Ethereum smart contracts and dApps.
A key feature of Polygon zkEVM is that it offers seamless integration with the majority of existing Ethereum smart contracts, developer tools, and wallets due to its EVM equivalence. This allows developers to focus on improving their code without needing to rewrite or modify it for compatibility — a massive step forward for Ethereum scalability. QuickNode is excited to provide its robust infrastructure to ensure developers have fast, reliable access to the Polygon zkEVM, unlocking its full potential for their dApps.
“The holy grail of Web3 infrastructure should have three major properties: scalability, security and Ethereum-compatibility” said Mihailo Bjelic, Co-founder of Polygon. “Until now, it has not been practically possible to offer all these properties at once. Polygon zkEVM is a breakthrough technology that finally achieves that, thus opening a new chapter of mass adoption.”
By leveraging zero-knowledge (ZK) proofs, Polygon zkEVM significantly reduces transaction costs and increases throughput, all while inheriting the security of Ethereum Layer-one. High performance is delivered through fast network finality and frequent validity proofs, thanks to Polygon Zero technology, the world's fastest ZK proof. With recursive STARK for extreme scalability, developers can create a wide variety of dApps and user experiences.
Polygon zkEVM Scalability Powered by QuickNode
QuickNode's support for Polygon zkEVM also means that developers can effortlessly migrate their decentralized applications (dApps) from Ethereum-compatible chains, taking advantage of EVM equivalence and Ethereum network effects. Using familiar programming languages like Solidity and toolsets like Metamask, Hardhat, Truffle, and Remix, developers can migrate dApps by simply switching nodes, opening up new possibilities for NFTs, gaming technologies, and enterprise applications.
QuickNode's integration with Polygon zkEVM marks the beginning of a new era for Ethereum scaling, making it the go-to solution for developers looking to leverage the benefits of Ethereum's ecosystem with lower costs and higher throughput. QuickNode remains committed to providing world-class infrastructure that enables developers to focus on building the dApps of the future.
"Polygon zkEVM represents a major breakthrough in Ethereum scaling, and QuickNode is thrilled to support this innovative, cutting-edge technology. By providing fast, reliable access to the Polygon zkEVM, we're empowering the world's most vibrant blockchain developer community to further innovate and build on the future of Web3," said Dmitry Shklovsky, QuickNode Co-Founder and CEO.
"We are excited to partner with QuickNode on the launch and ongoing support of Polygon zkEVM, a revolutionary step in Ethereum scaling," said David Schwartz, Co-Founder of Polygon Labs. "QuickNode's commitment to providing reliable and fast infrastructure empowers the developer community to fully harness the potential of Polygon zkEVM, paving the way for groundbreaking dApps and Web3 experiences. Together, we're unlocking new opportunities and fostering innovation in the vibrant Polygon ecosystem."
How Polygon zkEVM Work
Polygon zkEVM is fundamentally equivalent to the Ethereum Virtual Machine and benefits from all the features and network functionalities of the Ethereum ecosystem. Equivalency is different from EVM-compatibility because it removes the need for any modifications or re-implementation of code, providing less user friction.
Polygon zkEVM is the world’s first Ethereum-equivalent scaling solution, working seamlessly with all existing smart contracts, developer tools, and wallets, and functions by implementing zero-knowledge proofs, an advanced form of cryptography.
ZK proofs batch transactions into groups that are then relayed to the Ethereum network as a single, bulk transaction, dramatically reducing the amount of data that needs to be processed by the Ethereum network. This substantially reduces ‘gas fees’ by splitting the transaction fee between all the participants.
Use Cases for Polygon zkEVM
EVM equivalence and Ethereum network effects provide developers with distinct advantages over other blockchains. By using programming languages such as Solidity and toolsets like Metamask, Hardhat, Truffle, and Remix, the Polygon zkEVM system enables easy migration of existing decentralized applications (dApps) from chains compatible with Ethereum Virtual Machine. To migrate dApps to Polygon zkEVM, developers simply need to switch nodes.
High transaction fees significantly impact the user experience and accessibility of decentralized finance applications built on the Ethereum network and make adoption for new users less accessible. The high level of security and censorship resistance make Polygon zkEVM a better option than other Layer 2 scaling solutions. In contrast to Optimistic roll-ups, which can take as long as seven days to settle deposits and withdrawals, zk-Rollups provide faster settlement times and superior capital efficiency.
NFTs and Gaming Applications
Polygon zkEVM is ideal for seamlessly creating NFTs, NFT-enabled applications, and new gaming technologies because of its low transaction costs and high throughput.
Supply Chain Management
Traceability and transparency are essential factors for supply chain management and are achievable with Polygon zkEVM.
Check out the following links to get more information on Polygon zkEVM:
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