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Cryptocurrency News

Ethereum will outpace Visa with zkEVM Rollups, says Polygon co-founder

07/31/2022

Less than a minute

2022.07.31 00:13

Ethereum will outpace Visa with zkEVM Rollups, says Polygon co-founder

zkEVM Rollups, a new scaling solution for Ethereum, will allow the smart contract protocol to outpace Visa (NYSE:V) in terms of transaction throughput, said Polygon co-founder Mihailo Bjelic in a recent interview with Cointelegraph.

Polygon recently claimed to be the first to implement a zkEVM scaling solution, which aims at reducing Ethereum’s transaction costs and improving its throughput. This layer-2 protocol can bundle together several transactions and then relay them to the Ethereum network as a single transaction.

07/31/2022

Less than a minute