Polygon Labs, a leading Ethereum layer-2 network developer, is investing $5 million in new servers equipped with specialized computer chips designed for zero-knowledge (ZK) cryptography. This investment is part of a collaboration with hardware maker Fabric, which is building custom chips for Polygon’s AggLayer, a project focused on blockchain interoperability.
Accelerating ZK Proof Generation
Zero-knowledge cryptography is becoming increasingly important in blockchain technology because it allows for secure, private transactions. Polygon has been working with Fabric to create Verifiable Processing Units (VPUs), a type of chip that significantly speeds up the creation of zero-knowledge proofs, which are essential for secure blockchain transactions.
The new VPUs are expected to reduce the time required to generate ZK proofs from several years to just months. This will play a crucial role in the development of Polygon's AggLayer, making it easier and faster to transfer tokens between different blockchain networks.
A Faster Future for Blockchain
Polygon co-founder Mihailo Bjelic believes this investment will dramatically accelerate the adoption of zero-knowledge technology. "We believe Fabric’s VPUs will help fast-track the widespread use of ZK technology, bringing real-time, affordable proofs within a shorter timeline," said Bjelic.
The $5 million investment in VPU-based servers will help Polygon develop faster and more efficient blockchain solutions, enhancing its position in the rapidly growing crypto industry.
Information source: CoinDesk
