The merger will see the involvement of decentralized prover protocol Succinct Labs which can function a help for using the SP1 zkVM.
Polygon hinted at a doable merger with AggLayer that may contain its Proof-of-Stake (PoS). This may mark section 1 of its zkPoS evolution. If the proposal is accepted by the group, the expectation is that the pool of unified liquidity for chains linked to the AggLayer would develop by $2 billion.
Polygon Basis Lauds PoS Capabilities
There are two most important consensus mechanisms within the blockchain ecosystem; the Proof-of-Stake and the Proof-of-Work. Many cryptocurrencies together with the firstborn digital foreign money Bitcoin (BTC) make the most of the PoW. It wasn’t till 2022 that Ethereum (ETH) went by a transition to the PoS consensus algorithm by The Merge.
Polygon Basis believes strongly that PoS is likely one of the most used blockchains on this planet. The algorithm boasts greater than 400 million distinctive addresses and 1000’s of functions. Polygon PoS prides itself in dealing with extra transactions than your complete Ethereum Layer 2 protocols put collectively. With these ‘success tales’, Polygon highlighted that the potential results of the merger can’t be overstated for AggLayer.
At this time, the Polygon group started discussing a proposal that may see Polygon PoS linked to the AggLayer.
That is zkPoS Part 1 and, if accepted, the pool of unified liquidity for chains linked to the AggLayer would develop by $2B
— Polygon Basis (@0xPolygonFdn) June 12, 2024
The merger will see the involvement of decentralized prover protocol Succinct Labs which can function a help for using the SP1 zkVM. This specific zkVM will allow AggLayer to show the execution of Rust code with the efficiency advantages of the Polygon Plonky3 proving system.
Polygon PoS connection to the AggLayer will probably be established by way of the Plonky3-secured pessimistic proof, a novel zero-knowledge Proof written in Rust. Noteworthy, the pessimistic proof is versatile sufficient to accommodate each zk and non-zk chains. Moreover, the pessimistic proof is most well-liked due to the way it treats all chains suspiciously.
Polygon PoS to Make the most of AggLayer Pessimistic Proof
Ordinarily, the AggLayer unifies liquidity throughout all linked chains by way of a single bridge. As the one bridge contract for chains linked to the AggLayer, the unified bridge permits customers to ship and obtain native, however never-wrapped tokens. Nonetheless, the presence of a single bridge turns into a problem for all of the tokens on the bridge because it entices malicious actors.
The pessimistic proof steps in to sort out this setback by offering two ensures. First, every chain has up to date its state honestly and secondly, no chain is withdrawing extra tokens than have been deposited to it. Not assembly these situations implies that the proof can’t be verified and the chain can’t settle to Ethereum.
In the meantime, at a excessive stage, proof of consensus would validate PoS and it’ll attain its new state faithfully. Additionally, this proof of consensus would permit Polygon PoS to show finality to the AggLayer. The pessimistic proof would guarantee any withdrawals from PoS don’t exceed the deposits made into to it.
Noteworthy, no validator, alterations to consensus mechanisms, or community consumer is required to make the most of this improve. In the long term and with the group’s approval, this improve would marry the Polygon chain with the ultimate type of Ethereum scaling.
