1. QiAi QuestsHome
  2. Crypto & Markets

#Polygon launches Cross-Chain Bridge with Zero Knowledge Technology

• Crypto & Markets • 60 views

According to reports, Polygon has launched the Polygon zkEVM Cross Link Bridge, which is driven by zero knowledge technology and managed by smart contracts on Ethereum and Polygon

#Polygon launches Cross-Chain Bridge with Zero Knowledge Technology

According to reports, Polygon has launched the Polygon zkEVM Cross Link Bridge, which is driven by zero knowledge technology and managed by smart contracts on Ethereum and Polygon zkEVM. It supports ERC-20 and ERC-777 tokens, allowing users to complete fund withdrawals on the Ethereum main network within 30-60 minutes.

Polygon Launches Polygon zkEVM Cross Chain Bridge Polygon Bridge

Polygon has launched the Polygon zkEVM Cross Link Bridge, a cross-chain bridge that is powered by zero-knowledge technology and managed by smart contracts on both the Ethereum and Polygon zkEVM networks. This new bridge allows for seamless cross-chain transactions with minimal transaction fees and improved transaction times.
##What is the Polygon zkEVM Cross Link Bridge?
The Polygon zkEVM Cross Link Bridge is a cross-chain bridge designed to facilitate fast and secure transactions between the Ethereum and Polygon zkEVM networks. It operates through smart contracts on both networks, making transactions seamless and secure. The key feature of this bridge is its use of zero-knowledge technology, which allows for faster and more secure transactions.
##How does the Polygon zkEVM Cross Link Bridge work?
The Polygon zkEVM Cross Link Bridge operates through smart contracts that are run on both the Ethereum and Polygon zkEVM networks. When a user makes a transaction, the smart contract verifies it and executes it on the correct network. The use of zero-knowledge technology enables the bridge to operate more efficiently by reducing transaction fees and improving transaction times.
##Benefits of the Polygon zkEVM Cross Link Bridge
The introduction of the Polygon zkEVM Cross Link Bridge brings numerous benefits to both the Ethereum and Polygon networks. Some of the key benefits of this bridge include:
1. Improved transaction times – The use of zero-knowledge technology enables faster transaction times, allowing users to complete transactions on the Ethereum main network within 30-60 minutes.
2. Minimal transaction fees – The Polygon zkEVM Cross Link Bridge operates on both the Ethereum and Polygon zkEVM networks, reducing transaction fees and enabling users to seamlessly transfer funds.
3. Secure transactions – The use of smart contracts and zero-knowledge technology ensures transactions are executed securely and reduces the risk of fraud.
##How to Use the Polygon zkEVM Cross Link Bridge
Users can access the Polygon zkEVM Cross Link Bridge through supported wallets. Currently, the bridge supports ERC-20 and ERC-777 tokens, making it easy for users to transfer funds across both networks.
##Conclusion
Overall, the launch of the Polygon zkEVM Cross Link Bridge marks a significant step towards achieving seamless cross-chain transactions and reducing transaction fees. With its use of zero-knowledge technology and smart contracts, the bridge provides improved transaction times and increased security to users on both the Ethereum and Polygon zkEVM networks.
##FAQs
Q1. What is the Polygon zkEVM Cross Link Bridge?
The Polygon zkEVM Cross Link Bridge is a cross-chain bridge designed to facilitate fast and secure transactions between the Ethereum and Polygon zkEVM networks.
Q2. What are the benefits of using the Polygon zkEVM Cross Link Bridge?
The key benefits of this bridge include improved transaction times, minimal transaction fees, and secure transactions.
Q3. How can users access the Polygon zkEVM Cross Link Bridge?
Users can access the bridge through supported wallets and can transfer ERC-20 and ERC-777 tokens across both networks.

This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/crypto/21610.html

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 04/27/2023 04:15
Next 04/27/2023 04:27

Related recommendations