Polygons zkEVM Mainnet Beta to Go Live March 27

Robert Stone

Polygon has announced that it will launch the beta version of its zeroknowledge Ethereum Virtual Machine (zkEVM) main network on March 27. Polygon is a scaling solution for Ethereum, and it is expected that the zkEVM beta network will increase transaction speed and reduce costs. The zkEVM is a type of zero-knowledge (ZK) rollup that processes transactions faster on a layer 2 before sending the transaction data back to the Ethereum mainnet blockchain. Polygon has not yet provided details about the beta network but has promised to release more information leading up to the launch. Security will be the highest priority for the network.

Polygon’s zkEVM testnet was launched in October, and it has already generated over 75,000 ZK proofs and deployed 5,000 smart contracts. The success of the testnet has encouraged Polygon to explore ways to bring ZK technology to its main chain, the Polygon POS chain. According to Polygon co-founder Mihailo Bjelic, the blockchain is actively exploring this possibility.

The upcoming zkEVM beta network will be the first fully

EVM equivalent ZK rollup to reach the mainnet, which is a significant milestone for Ethereum scalability and the growth of Web3. Sandeep Nailwal, another co-founder of Polygon, is optimistic about the zkEVM beta main network launch and has urged the community to prepare for the event.

The price of Polygon’s native token, MATIC, has seen a 56% increase in value since the beginning of the year. This is a positive indication of the growing interest and confidence in Polygon’s scaling solution.