Polygon Official: Buying Mir is our new goal.

Polygon welcomes Mir, a start-up that manages the ZK Rollup Technology facility, and places ZK Technology in a $ 400 million contract.

TL; DR: We want to let you know that Mir, the initial developer of ZK technology, has joined the Polygon family in a $ 400 million deal. After nearly two years of research, Mir assembled a team of smart cryptographers and engineers to create the world's fastest ZK scaling technology. Now, the Mir team has partnered with Polygon to use this technology to create a new Polygon Zero, a massive ZK rollup that is Ethereum compatible.

Polygon is the ultimate game in blockchain expansion, focusing on zero-knowledge (ZK) encryption technology. We have pledged $ 1 billion for this project through Polygon Treasury, and we will explain our plans in ZK form.

To create a better future for ZK technology, we have taken several important steps, the first step is to integrate Hermez Network (now Polygon Hermez) and launch zkEVM (zk thev naus urine friendly EVM use). Then came Polygon Miden, a product-based competition with Ethereum, and Polygon Nightfall, a privacy stack development in partnership with EY. Now, with the release of Polygon Zero, we are delighted to deliver on our promise and occupy a key position in this happy environment.

Here's why we're so excited about this project:

Polygon Zero offers big changes to the technology compatible with Ethereum.

ZK scaling technology is the future of Ethereum, but there is currently no EVM compatible ZK stacking technology. It is nothing more than a cost effective certification process, the name recursive proof allows you to create equivalent certifications for better results. Unfortunately, the existing recursion supported by Ethereum proves the system to be inefficient and slow.

But all of that has passed today. We have launched plonky2, a very fast recursive proof system called Ethereum. We believe the success of this project will benefit communities and open up new areas for Ethereum expansion.

The Mir team has been quietly working on ZK certification for almost two years. By 2020, we become a leader in the implementation of certification based on PLONK and HALO. This year, the team has set itself the desired goal. A recursive certificate in less than a second. They design plonky 2, carefully focusing on the latest news in accordance with PLONK and FRI.

Plonky 2 can generate recursive certifications in a record 170 milliseconds on a laptop. As we know, this is the fastest recursive validator. The performance of Plonky 2 makes it an excellent choice for developing EVM and ZK virtual machines. Most importantly, plonky 2 is an Ethereum performance with a fast 45KB proof speed in recovery mode.

In addition, the special functionality of Plonkey 2 opens the door for horizontal technological expansion of the blockchain network. Currently, the output of each blockchain (including each solution) is limited by the potential of the weakest network, as each node must perform all the exchanges. Scale-out technology allows equal access to all the metering power available on the network. This can change the scalability of the product as the gain increases as the nodes in the network increase. me

Plonky 2 will be released in the next few weeks, with models and performers.

Polygon Zero has a worldwide group.

Over the past 6 months, we have met with the leaders of almost all ZK projects to develop the ZK thesis. In the process, we have determined that the Mir team is the most knowledgeable team in ZK Technology.

The team spans four countries in three countries, from engineers at Google to doctorates in pure mathematics with grades from top crypto research institutes such as Berkeley and EPFL, including various histories and disciplines.

It is an honor to start this exciting career with Mir and to support the whole of ZK.

Polygon Zero is already in active development.

The Polygon and Mir teams have been working together for some time and together they have developed the entire design, process and process of the Polygon Zero project. Everything is going well and we will have more details soon.

The solution is to write the Solidity numbers in the new numbers. ZK compatible bytecode format. Then we see the completion of the virtual machine running all the bytecode.

For ease of understanding, the concept of this method is similar to the previous zkSync 2.0 from Matter Lavs, and some of the most advanced and proven performance has been achieved with Plonky 2.

We are very excited about this solution and believe that it will make possible the avant-garde of the Ethereum application by making further improvements without compromising security.

General view of polygons

Polygon Zero joins existing Polygon solutions (Polygon POS, Polygon Hermez, Polygon Miden, Polygon SDK, Polygon Nightfall and Polygon AVail) to become members of the larger Polygon ecosystem.

In general, I think our business is still in its infancy in terms of scalability and blockchain infrastructure. Our strategic decision at Polygon is to explore and support all important scaling methods and technologies at this point. We believe this is the only way to build Polygon functionality on the blockchain platform and add 1 billion users to Ethereum.

In summary, we are very enthusiastic and focused on solutions based on ZK technology. We are very happy to do it 4 times on Polygon. What is interesting is that they are already involved and are working towards the same goal. and visual effort. We believe Polygon now has everything it needs to become the commercial capital of the ZK engine and support the forefront of innovation in this exciting space.

Let's add the world to Ethereum

The maximum commitment for this exchange is $ 100 million, $ 190 million, and approximately $ 400 million (approximately $ 400 million) at time of contract (November 26, 2021). .