Polygon Labs, in collaboration with Succinct Labs, has developed a groundbreaking zero-knowledge (ZK) proof called a pessimistic proof. This innovative proof, built using SP1, a ZK virtual machine (zkVM) created by Succinct Labs, guarantees the security of deposits in the AggLayer network, ensuring that no single chain can compromise the funds of others.
A spokesperson from Polygon explained to Cointelegraph how SP1’s pessimistic proofs are effective in preventing malicious actors from compromising the system. By integrating with Rust and Plonky3, SP1 provides developers with enhanced capabilities and tools.
Looking ahead, Polygon has ambitious plans for SP1 and Plonky3. The spokesperson shared with Cointelegraph their vision for the future development and utilization of these technologies.
In a recent interview, Brendan Farmer, co-founder of Polygon, discussed the significance of the AggLayer and ZK technology. Farmer described the AggLayer as a decentralized protocol operated by staked nodes in a Mirror post. He then delved deeper into the fundamentals of the “Aggregated Blockchains Thesis.”
When it comes to ZK tech, Farmer emphasized the importance of navigating financial privacy in the coming decades. He believes that it will play a vital role in shaping the future of the financial industry.
In other news, the introduction of crypto in Torque Drift 2 has led to some developers quitting, causing a major issue for MetaFighter, as reported by Web3 Gamer magazine.