Polygon has announced the launch of its PoS Bridge for zkEVM, providing users with the same level of security, functionality, and user experience as its Polygon PoS counterpart.
Zero-knowledge powers this technology, significantly upgrading it from other bridging technologies. Smart contracts on Ethereum and Polygon zkEVM govern it entirely, ensuring the highest level of security.
With fast finality, users can transact within the rollup and claim funds on the Ethereum mainnet in 30-60 minutes. This is a much faster process than other chains.
The bridge supports the most widely used assets with additional features, such as ERC-20 tokens and ERC-777 tokens. In addition, which eliminates the need for users to map tokens before bridging.
Polygon zkEVM was launched on March 27 as Mainnet Beta, and an impressive array of teams is already building on it, including Lens and Balancer, Midnight Society and Oath of Peak gaming projects, and infrastructure providers such as ANKR, Alchemy, Sequence, and The Graph.
Users can now benefit from a more simplified and safe experience while transacting on the blockchain due to the launch of Polygon Bridge for zkEVM.
Polygon Price Analysis
The news of Polygon unveiling a revolutionary PoS Bridge for zkEVM didn’t yet cause any significant spike in the value. According to CoinMarketcap data, at the time of writing, the token is trading at $0.9973, with an increase of 1.15% in the last 24 hours and a 4.52% decrease in the last seven-day chart.