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Polygon Wallet Suite Will Go Live on zkEVM at Mainnet Beta Launch

source-logo  bsc.news 15 March 2023 15:34, UTC

Polygon Wallet on zkEVM

The popular Polygon Wallet Suite will be available at the launch of the Polygon zkEVM Mainnet Beta, developers announced.

Last month, 100k users bridged, swapped, & managed their assets with the all-in-one Polygon Wallet Suite 🔌

This month, it’s coming to Polygon zkEVM for the launch of Mainnet Beta

For a rundown on functionality & what else is coming to Polygon zkEVM 👇🏽https://t.co/hDngX3zQWo

— Polygon ZK (@0xPolygonZK) March 14, 2023

The familiar wallet interface will help users on-board to the cutting-edge rollup solution.

“Polygon Wallet Suite will offer nearly the same UX that it does for Polygon PoS on Polygon zkEVM. Functionality will not be exactly 1:1 because ZK environments operate a little differently. But as Polygon zkEVM matures, so will the Polygon Wallet Suite,” according to a Polygon blog post.

Day One functionalities include:

  • Bridging between zkEVM and Ethereum
  • Fast finality within zkEVM, 30-60 minutes to claim funds on Ethereum
  • Asset management, including ERC-20 and ERC-777 tokens
  • No mapping required for bridged tokens.

And there’s more!

“In addition to Polygon Wallet Suite, Matic.js SDK and Gas Station will also be supported shortly after the launch of Polygon zkEVM Mainnet Beta,” according to the blog.

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What is Polygon:

Polygon is a “sidechain” scaling solution that runs alongside the Ethereum blockchain — allowing for speedy transactions and low fees. MATIC is the network’s native cryptocurrency, which is used for fees, staking, and more. The effectiveness of Polygon as an alternative to Ethereum has seen existing projects such as Aave and Curve adopting its chain.

bsc.news