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Polygon announces the launch of Plonky2.
According to Polygon, their mission is to scale Ethereum to a billion users; to achieve that milestone, the team announced the launch of Plonky2. Plonky2 is a recursive SNARK that is compatible with Ethereum and 100x faster than existing alternatives. To support recursion and low verification cost on Ethereum, Plonky2 combines PLONK and FRI and the best of STARKs.
According to the Polygon team, plonky2 have the following features:
- The plonky2 recursive approach is faster, less resource-intensive, and can be more decentralized.
- A recursive proof on Plonky2 takes 170 milliseconds on a fast computer like Macbook Pro.
- Plonky2 also allows users to speed up proving times for proofs that don’t involve recursion.
- Plonky2 is natively compatible with Ethereum. Plonky2 requires only keccak-256 to verify proof.
Plonky2 is an essential step in Ethereum scaling, just like last year when Polygon laid out its commitment to support ZK Rollups to build the future of Ethereum scaling. ZK L2s have benefited from a lot of hype, but current solutions rely on cryptographic primitives that are inefficient and limit scalability. Though L2’s will compete on throughput and cost, Plonky2 allows the Polygon ecosystem to build better scalable L2s.