PANews reported on July 16 that according to CoinDesk, Polygon Labs launched the latest zero-knowledge proof system "Plonky3" as an open source toolkit. Plonky3 is designed to be more flexible, allowing ZK developers to build virtual machines based on ZK cryptography. Polygon co-founder Daniel Lubarov said that Plonky3 is more universal than Plonky2, which was launched in 2022. The system is designed to prove off-chain transactions by generating summaries, thereby ensuring that transactions are executed correctly or blockchain status is updated.