Cryptocurrency News
Ethereum will outpace Visa with zkEVM Rollups, says Polygon co-founder
2022.07.31 00:13
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.