Polygon Labs has made a significant acquisition by bringing Toposware, a highly promising startup in the field of ZK engineering, into their team. This acquisition is set to elevate ZK technology to new heights.
We are thrilled to welcome @Toposware, zk, to the Polygon Labs family. Toposware has played a key role in the development of the Type 1 zkEVM and has established themselves as a powerhouse of zk innovation and technology, particularly in the realm of zk-based interoperability. pic.twitter.com/hQ2dZ1mhsC — Polygon | Aggregated (@0xPolygon) June 4, 2024
Toposware has collaborated with Polygon Labs in the first half of this year to create a Type 1 ZKEVM prover. The introduction of ZK proving technology has been a groundbreaking advancement in the blockchain industry, and Toposware deserves special recognition for their pioneering work in this area.
Polygon Labs has officially confirmed the addition of Toposware to their company. This merger between Toposware and Polygon’s existing ZK innovation teams is expected to inspire the development of several core areas. These include AggLayer, Polygon CDK & Polygon zkEVM, and an upgrade for Polygon as a ZK validium.
Toposware is an active participant in the ZK research community and has made significant contributions, such as the creation of the Type 1 prover, which has greatly enhanced the Ethereum ecosystem through its open-source availability. The inclusion of the Type 1 prover can enhance the security of existing chains or integrate with the AggLayer, which provides a neutral and interoperable network for independent blockchains.
While these advancements are commendable, they are not yet a complete solution. However, the Type 1 prover has proven to be highly cost-efficient in validating Ethereum transactions. In February, the cost per transaction was only $0.0029, with $0.534 required to validate an entire Ethereum block.
The acquisition of Toposware is expected to bring about positive changes across all Polygon protocols. Following community consensus, research is currently underway to connect the Polygon PoS network with the AggLayer in the coming months. TopoSWAP will play a crucial role in transitioning the network to a ZK-protected chain.
Over the past few years, Polygon Labs has led the industry in the research and development of ZKs, moving the focus from theory to practical application. The widespread adoption of Plonky3, an open-source technology used to build SP1, is just one example of how Polygon’s research has influenced other ZK teams.
Tags: MATIC