Originally published on: September 10, 2024
Polygon Labs, a leading development company dedicated to enhancing the Polygon ecosystem, has teamed up with Fabric Cryptography, a startup, to drive the adoption of zero-knowledge proof (ZKP) technology on the AggLayer platform.
The AggLayer, developed by Polygon, serves as an aggregation layer aimed at enhancing scalability and interoperability through the utilization of ZKP technology.
In an official statement shared with Cointelegraph, the partnership will focus on integrating Fabric’s cutting-edge Verifiable Processing Units (VPUs) into the AggLayer infrastructure. These VPUs, which are silicon chips, allow cryptographic algorithms to be dissected into their fundamental mathematical components.
Mihailo Bjelic, a co-founder of Polygon, discussed in a Q&A with Cointelegraph that incorporating VPUs will significantly accelerate the implementation of ZKPs within the AggLayer. He emphasized that the utilization of VPU technology will enhance the speed, cost-effectiveness, and security of blockchain transactions for both users and developers.
Bjelic highlighted the advantages for developers, stating that they would be able to integrate ZKPs into their applications more efficiently. The partnership’s impact is expected to be felt in the realm of decentralized finance (DeFi), as ZK technology plays a crucial role in enabling DeFi to become truly global.
While the integration of VPUs marks a significant advancement, Polygon’s ecosystem recently faced security challenges when its Discord channel was compromised. Mudit Gupta, the Chief Information Security Officer at Polygon, confirmed the breach and assured users that privileged accounts were safeguarded with two-factor authentication.
As the AggLayer prepares for a network upgrade and transitions from MATIC to POL tokens, the collaboration between Polygon and Fabric signifies a pivotal moment in advancing ZKP technology within the blockchain ecosystem.
