Polygon Labs, the team behind the popular Polygon network, has announced that its zkEVM technology has been launched on Mainnet Beta and is now fully open-source under an AGPL v3 license. The company believes that open-sourcing Polygon zkEVM is essential for scaling Ethereum in a community-driven by the open-source movement.

Polygon zkEVM is a ZK-rollup that has revolutionized proof generation with its innovative, modular design for a ZK-prover. The technology can now be modified, used, and distributed by developers under the terms of the AGPL v3 license. Polygon Labs chose this license as the most appropriate for technology designed to scale the public good of Ethereum.

@azcoinnews

As a robust copyleft license, the AGPL v3 obligates developers who modify or distribute the Polygon zkEVM code to make their modifications open-source under the same AGPL v3 license or a more permissive one. This means that all future modifications and distributions of the code will remain open source, ensuring the code cannot be used for proprietary purposes.

Polygon zkEVM was audited by the best-in-class teams at Hexens, Spearbit, and internally by Polygon Labs before the launch of Mainnet Beta. The finalized audit reports are being made available for the public, and any Web3 team, to read. Still, there is always the possibility of undetected bugs that may disrupt network stability, put crypto-assets at risk, or cause users to lose data. Polygon Labs has outlined stringent security measures, including the temporary security council, to help ensure the safety of everyone using the Polygon zkEVM Mainnet Beta.

As Polygon zkEVM is battle-tested in the real world, a bug bounty of up to $1,000,000 has been set for documenting critical vulnerabilities. Open-sourcing the code will allow other researchers to follow along and modify code, in real time, as Polygon zkEVM becomes feature-complete and works to decentralize the sequencer in the future.

Polygon zkEVM is now available for anyone to use, under the terms of the AGPL v3 license. Developers can take a look through Polygon zkEVM’s Github and use it as they see fit. With this move, Polygon Labs has fulfilled its long-standing promise to the Ethereum community, and the Web3 ecosystem can benefit from each other’s contributions.

#Polygon #Matic #zkEVM #PolygonLabs #azcoinnews

This article was republished from azcoinnews.com

The integration of Celestia's data availability (DA) layer with #PolygonLabs Layer 2 chain development kit marks a significant development in the future of blockchain technology. This integration provides specialized solutions for projects like OKX, Immutable, Astar, IDEX, and Palm Network, while also being a crucial part of the Polygon 2.0 ecosystem.Polygon’s Chain Development Kit (CDK) is used for developing Layer 2 networks, which rely on “zero-knowledge rollup” technology to enhance transaction efficiency. However, there are challenges in verifying data availability on Ethereum. This is where Celestia's approach comes into play.Celestia aims to reduce the network load and potentially lower gas fees by running light nodes for multiple Layer 2 networks. This can increase the efficiency of the network, making transactions faster and more economical, representing a significant step in blockchain technology.With this integration, Polygon’s Layer 2 solutions could reach a broader user base and increase the overall adoption of blockchain technology. Particularly, its potential to alleviate Ethereum's current challenges and create a more efficient blockchain environment makes this integration exciting for the crypto and blockchain community.The collaboration between Celestia and Polygon could usher in a new era in blockchain technology development and accelerate innovations in the sector. This holds significance not only for current projects but also opens up possibilities for future blockchain applications.#celestia #tia $TIA $MATIC

1. Osmosis (OSMO)
Launches cross-chain token portal called Polaris.The platform will allow users to trade tokens across multiple blockchains through a single interface, eliminating the need for multiple wallets, bridges, and gas tokens.
2. Polygon Labs
Partnered with Fabric Cryptography.Polygon Labs and Fabric Cryptography roll out ZK chips to accelerate AggLayer, bringing Verifiable Processing Units to the AggLayer ecosystem.
3. Binance Labs
Invested in the top 5 projects from the MVB program.The five high-performing projects in the latest season of the Most Valuable Builder (MVB) program include Aggregata, Blum, Opinion Labs, SideKick, and Vooi.
4. CleanSpark
Buys 7 Bitcoin mining facilities for $30M.CleanSpark announced it will acquire seven Bitcoin mining facilities and associated land in the Knoxville, Tennessee, area for total cash payments of $27.5M, or about $324,000 per megawatt.
5. Indodax
Falls victim to a hack worth over $22M.More than $14M worth of Ethereum-based tokens, $2.4M in TRX, $1.4M in BTC, and $2.5M in MATIC, along with smaller amounts of other tokens, were stolen in the attack.
6. Paxos
Set to launch its products on the Arbitrum Network.Paxos has decided to bring its stablecoin issuance and regulated tokenization platform to Arbitrum. Arbitrum stablecoins are currently available on Ethereum, Polygon POS, and Solana.
7. Ozean
Joined forces with Velodrome Finance.Velodrome will expand to the Ozean blockchain as its anchor DEX and provide the essential liquidity and incentives needed to support the growth of the Ozean blockchain.
8. Mirada AI (MIRX)
Announced a partnership with Ape Arcade.Mirada AI has partnered with Ape Arcade, a multi-platform gaming ecosystem on Telegram by Ape Terminal. Previously, Mirada AI announced multiple IDOs.
9. Hamster Kombat (HMSTR)
HMSTR on Binance Launchpool and Super Earn!

#BinanceLaunchpoolHMSTR #OSMOS/USDT #PolygonLabs #BinanceLabs

🌐🚀 All Eyes on Polygon: The Complete Jan 28 Crypto Lineup 🚀🌐
Crypto Enthusiasts! Gear up for the most comprehensive look at Polygon's market movers this Jan 28. From high flyers like Metaverse Index to the steady growth of matic-aave-usdc, we've got the full picture. Check out who's who in Polygon's vibrant crypto landscape!

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Chain Name Coin Code Price 24h Change
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polygon metaverse-index MVI $27.41 +1.97%
polygon auto AUTO $21.23 +2.33%
polygon cream CREAM $16.07 +1.89%
polygon verox VRX $15.94 +4.81%
polygon chainlink LINK $14.52 +2.79%
polygon aave-v3-link ALINK $14.48 +2.20%
polygon vicicoin VCNT $12.09 +1.63%
polygon arch-ethereum-div-yield AEDY $12.02 +1.13%
polygon obyte GBYTE $11.91 +2.01%
polygon rain-coin RAIN $7.23 +2.59%
polygon mt-pelerin-shares MPS $6.49 +1.74%
polygon must MUST $6.21 +2.63%
polygon uniswap UNI $6.01 +2.09%
polygon unifi-protocol-dao UNFI $5.96 +2.14%
polygon vulcan-forged PYR $5.86 +1.23%
polygon gains-network GNS $4.71 +2.24%
polygon index-cooperative INDEX $4.10 +2.87%
polygon aave-v3-bal ABAL $3.71 +2.43%
polygon dubbz DUBBZ $3.56 +1.71%
polygon 5mc 5MC $3.53 +1.69%
polygon badger BADGER $3.34 +3.55%
polygon synthetix-network-token SNX $3.27 +1.89%
polygon barnbridge BOND $3.23 +1.16%
polygon lido-dao LDO $3.10 +3.09%
polygon minato MNTO $2.92 +1.14%
polygon decentralized-universal-basic-income DUBI $2.41 +1.22%
polygon ethernity-chain ERN $1.92 +2.17%
polygon band-protocol BAND $1.71 +3.80%
polygon ichi ICHI $1.69 +2.86%
polygon apecoin APE $1.44 +1.37%
polygon purpose PRPS $1.33 +3.41%
polygon polyyield-token YIELD $1.26 +3.20%
polygon metavault-trade MVX $1.18 +1.44%
polygon sushi SUSHI $1.11 +1.84%
polygon matic-aave-usdc MAUSDC $1.03 +2.33%

🔥 Dive into the diversity of Polygon's crypto market! Each coin here tells a story of growth, potential, and opportunity.
#MATIC #polygon #ALT #PolygonLabs
Stay in the loop with the latest crypto trends! Follow for more insights! 💹✨