The Big Three zkEVM Announcements: What You Need to Know And Potential Implications

  • Pro
  • Layer-2

Key Insights

  • Polygon, Scroll, and zkSync all announced updates on the build of their zkEVMs.
  • Each of the three solutions presents different tradeoffs in their plans to scale Ethereum.
  • There have been multiple debates about what it really means to truly be a zkEVM and if any of these solutions meet the definition.
  • Overall zkEVMs will allow users to directly copy their smart contracts from Layer-1 to a Layer-2 zkEVM. Inheriting the speed and scalability of L2, while keeping the security and underlying proprieties of the L1.

This week was a busy one in the world of zkEVMs (zero-knowledge Ethereum Virtual Machines) with three separate announcements by Polygon, Scroll, and zkSync. All projects are approaching building zkEVMs differently, with tradeoffs for each design.

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