Ethereum (ETH) scaling answer Polygon (MATIC) has launched the mainnet beta of its highly-anticipated zkEVM with a high-prize bug bounty.
The zkEVM is a zero-knowledge rollup (ZK-rollups) scaling answer equal to the Ethereum Digital Machine.
ZK-rollups goal to spice up the throughput of the Ethereum blockchain by bringing computations and state storage to layer-2, permitting transactions to be made off-chain whereas solely placing minimal knowledge on the Ethereum mainnet.
Polygon’s zkEVM goals to simply let builders deploy good contracts with larger finality and decrease transaction prices. In accordance with a brand new announcement from Polygon today, Polygon zkEVM is now stay and open supply.
“Immediately, Polygon Labs is happy to announce that Polygon zkEVM has not solely launched Mainnet Beta, however it’s also totally open-source underneath an AGPL v3 license.
This implies Polygon zkEVM won’t be proprietary and builders could have entry to the repositories to switch, use, and distribute as they see match. As a rising variety of ZK-rollups are introduced, the query of tips on how to license ZK software program, which Polygon Labs has addressed prior to now, will solely turn out to be extra urgent.”
The announcement says that although Polygon’s new community has undergone two stringent audits not too long ago, there may be nonetheless the possibility that the brand new mainnet might nonetheless have some undetected bugs within the code. To fight bugs, Polygon has posted a hefty bounty for bug finders.
“As mentioned, Polygon zkEVM Mainnet Beta comes with the probabilities of bugs–in order the method of battle-testing the protocol in the true world unfolds, a bug bounty has been set, with as a lot as $1,000,000 for documenting crucial vulnerabilities.”
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Featured Picture: Shutterstock/Jorm S
