Polygon ZkEVM Team Spins Off As Independent ZisK Project
The post Polygon ZkEVM Team Spins Off As Independent ZisK Project appeared on BitcoinEthereumNews.com. Big news is shaking up the Polygon ecosystem! The core team behind the highly anticipated Polygon zkEVM has officially spun off into an independent entity. This strategic move, led by co-founder Jordi Baylina, marks a significant development for both the former Polygon team and the future of zero-knowledge technology. Why the Polygon zkEVM Team is Becoming ZisK The team responsible for building Polygon’s zkEVM solution has transitioned into a standalone Swiss startup named ZisK. This isn’t just a simple rebranding; it’s a full transfer of the team, along with all related code and intellectual property, into a new corporate structure. The primary goal for ZisK is to dedicate its focus entirely to advancing open-source, low-latency zkVM proving technology. This spin-off aligns with a broader strategic pivot happening within the Polygon Foundation. CEO Sandeep Nailwal has signaled intentions to sunset the existing, and perhaps underutilized, Polygon zkEVM chain. Instead, the foundation plans to double down on its core assets: the battle-tested Polygon PoS chain and the ambitious AggLayer aggregator project. What Does ZisK Aim to Achieve with zkVM Technology? ZisK’s mission is clear: to become a leader in zero-knowledge virtual machine (zkVM) technology, specifically focusing on reducing the latency involved in generating proofs. Low-latency proving is crucial for many real-world applications of zero-knowledge proofs, including enabling faster transactions and more responsive dApps on zk-rollups and other scaling solutions. Their focus on open-source development means that the advancements made by Jordi Baylina and his team at ZisK will likely benefit the entire zero-knowledge ecosystem. This collaborative approach is a hallmark of the blockchain space and can accelerate innovation across multiple projects and chains. Key areas ZisK is expected to focus on: Developing highly optimized zkVM circuits. Improving the speed and efficiency of proof generation. Contributing open-source code and research to the community.…
The post Polygon ZkEVM Team Spins Off As Independent ZisK Project appeared on BitcoinEthereumNews.com.
Big news is shaking up the Polygon ecosystem! The core team behind the highly anticipated Polygon zkEVM has officially spun off into an independent entity. This strategic move, led by co-founder Jordi Baylina, marks a significant development for both the former Polygon team and the future of zero-knowledge technology. Why the Polygon zkEVM Team is Becoming ZisK The team responsible for building Polygon’s zkEVM solution has transitioned into a standalone Swiss startup named ZisK. This isn’t just a simple rebranding; it’s a full transfer of the team, along with all related code and intellectual property, into a new corporate structure. The primary goal for ZisK is to dedicate its focus entirely to advancing open-source, low-latency zkVM proving technology. This spin-off aligns with a broader strategic pivot happening within the Polygon Foundation. CEO Sandeep Nailwal has signaled intentions to sunset the existing, and perhaps underutilized, Polygon zkEVM chain. Instead, the foundation plans to double down on its core assets: the battle-tested Polygon PoS chain and the ambitious AggLayer aggregator project. What Does ZisK Aim to Achieve with zkVM Technology? ZisK’s mission is clear: to become a leader in zero-knowledge virtual machine (zkVM) technology, specifically focusing on reducing the latency involved in generating proofs. Low-latency proving is crucial for many real-world applications of zero-knowledge proofs, including enabling faster transactions and more responsive dApps on zk-rollups and other scaling solutions. Their focus on open-source development means that the advancements made by Jordi Baylina and his team at ZisK will likely benefit the entire zero-knowledge ecosystem. This collaborative approach is a hallmark of the blockchain space and can accelerate innovation across multiple projects and chains. Key areas ZisK is expected to focus on: Developing highly optimized zkVM circuits. Improving the speed and efficiency of proof generation. Contributing open-source code and research to the community.…
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