![]() “Many believed that a zkEVM was years away, or not practical or competitive," Jordi Baylina, co-founder of Polygon Hermez, said on the launch. The key takeaway is that this will enable applications running on any EVM-compatible blockchain to be able to use zkEVM. This is the main processing unit on the Ethereum blockchain for decentralized applications. One thing that ZK-Rollups had been missing, however, was full support for the Ethereum Virtual Machine (EVM). It is one of the few main scaling solutions for blockchains, with most development currently focused on Ethereum. ZK-Rollups are a complicated technology that allows for a layer built on top of a blockchain to process many more transactions at a lower cost - and issue a proof that lives on the underlying blockchain that all of these transactions happened. Polygon's zkEVM is still in a testnet phase and will hit mainnet by the end of 2022. Polygon has announced a zero-knowledge (ZK) scaling solution called zkEVM that is compatible with the Ethereum Virtual Machine.
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