$MATIC IS FINALLY BACK! 🔥& Here Is Why 👇
Polygon Matic has just purchased Toposware for $30 million! Toposware is blockchain that is specialized in the zero-knowledge (ZK) technology. ZK technology has an extreme value because it enhances the privacy and improves the scalability. Basically, it helps to handle more transactions and to verify transactions without revealing sensitive details (like sender, receiver or the amount). By acquiring Toposware, Matic has also obtained 11 top engineers with strong ZK knowledge. This will accelerate the zero-knowledge integration! In my opinion, this move will set Matic as a leader in the ZK technology area and as a "first-mover", it will have a huge and strategic advantage (e.g. industry trend, integration with existing solutions, etc)
How Zero-Knowledge (ZK) Works? 🤯
You want to enter a club with a bouncer who requires you the proof of age (21+). Normally, you would show your ID, revealing your age and other personal details to get in... However, with ZK technology, you use a "special method" to prove you are over 21 without showing the ID document. This works because the bouncer verifies your age through a cryptographic proof (created by another entity where you actually verified your age). By this way, you can enter the club but they won't know your exact age!
Do You Still Own Matic? What Price Will Reach? 🤔 Let Me Know In Comments!
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