Polygon Labs has announced that its zkEVM Mainnet Beta is set to launch next week (just three days left). However, the team has cautioned that the technology is not yet feature-complete, and there may be some bugs to iron out.
In a series of tweets, Polygon explained that users could expect updates on service availability, security, and performance during the launch period. The team has set a goal of maintaining the 99.5% service availability seen during the public testnets but acknowledges that bugs may arise.
Polygon Labs has taken several measures to mitigate potential vulnerabilities, including six months of public testnets and four months of security audits of all 35 components.
The audit reports have been made public on GitHub, and the team has implemented guardrails, such as a security council and a bug bounty program.
Despite the security measures, users are advised to act responsibly and avoid depositing large sums on zkEVM on launch day. As the network matures, guardrails will be gradually removed.
In terms of performance, the team expects zkEVM Mainnet Beta to be at least one order of magnitude cheaper than Ethereum, with double-digit throughput and a limit of 10M gas per batch.
Finality times will depend on the user, with lightning-fast finality for those transacting within the roll-up but 30-60 minutes for users bridging funds back to Ethereum.
Polygon Labs has assured users that it will keep them informed of any network disruptions, with landing pages for zkEVM and the Bridge UI providing updates. Upgrades to the network may also be necessary from time to time, but the team will notify users of any changes.
Polygon Developers Introduce Polygon Miden
Polygon Developers announced the release of Polygon Miden, a zero-knowledge (ZK) roll-up with client-side proving that aims to become the internet’s value layer.
Miden, which will complement Polygon’s set of ZK solutions, prioritizes ZK-friendliness over EVM compatibility and utilizes a novel state model to take full advantage of a ZK-centric design.
Polygon Labs will provide an in-depth look at Miden’s architecture and features in the coming months leading up to the public testnet. According to the blog post, it is designed to extend Ethereum’s feature set and innovate new functionality.
The roll-up allows users to generate their proofs and execute smart contracts locally, reducing the computational burden and making it possible to run even complex computations cheaply.
Miden also prioritizes safety and privacy by enabling developers to create safer user wallets, support modern smart contract languages, and enable expressive private smart contracts that interact seamlessly with public smart contracts. Additionally, the roll-up will introduce privacy in stages to ensure careful study and consideration of the complex subject.
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