BTC $87,935.00 (-1.76%)
ETH $2,904.41 (-3.00%)
BNB $869.50 (-2.55%)
XRP $1.89 (-0.29%)
SOL $127.00 (-0.18%)
TRX $0.30 (+0.11%)
DOGE $0.12 (-1.06%)
ADA $0.35 (-0.22%)
BCH $577.45 (+1.45%)
XMR $510.13 (+0.82%)
LINK $12.04 (-1.64%)
LEO $8.80 (+1.13%)
XLM $0.21 (-0.74%)
ZEC $356.70 (+3.38%)
SUI $1.46 (-1.99%)
CC $0.15 (+17.83%)
AVAX $12.05 (-0.73%)
LTC $67.07 (-0.64%)
HYPE $20.77 (-2.92%)
HBAR $0.11 (+1.56%)

Polygon Labs Partners With Immutable X To Launch The Immutable zkEVM

Twitter icon  •  Published 2년 전 on March 21, 2023  •  Hassan Maishera

The Polygon team announced via a blog post on Monday that it has partnered with Immutable X to launch Immutable zkEVM, a new EVM-compatible ZK-rollup powered by Polygon technology.

Polygon Labs Partners With Immutable X To Launch The Immutable zkEVM

The Polygon team announced via a blog post on Monday that it has partnered with Immutable X to launch Immutable zkEVM, a new EVM-compatible ZK-rollup powered by Polygon technology. The two entities are building a dedicated gaming blockchain using zero-knowledge technology to accelerate decentralized game development and bring Web3 a step closer to mass adoption.

Polygon Labs added that Immutable zkEVM would be launching in a few months. Building on Immutable zkEVM with the Immutable Platform will make developing Web3-enabled games faster, easier and less risky for large game studios and independent developers alike. 

Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. MATIC is down by 4% in the last 24 hours and is currently trading at $1.1070.

Immutable X is an L2 scaling solution for non-fungible tokens (NFTs) on Ethereum, with instant trading, massive scalability, and zero gas fees for minting and trading with shared security with the Ethereum mainnet. IMX is down by 15% today and is trading at $1.273 at press time.

 

Chainlink Expands Data Streams to Cover the U.S. Stock Market
Next article Chainlink Expands Data Streams to Cover the U.S. Stock Market
Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.