- The new zkWasm solution would enable Near Protocol to access Ethereum’s big liquidity pool.
- Polygon developers will have the option to build using the programming language of their choice.
Ethereum [ETH] scaling solution Polygon Labs [MATIC] announced a partnership with layer-1 blockchain Near Protocol [NEAR] in a bid to boost cross-chain interoperability.
As per details shared in a blog post, the two entities joined hands to develop zkWasm, a zero-knowledge (ZK) protocol for WebAssembly (Wasm) blockchains. The aim was to bridge the gap between Wasm blockchains and Ethereum ecosystem.
Let’s understand the tech of it all
It’s well known that Ethereum pioneered the development of decentralized applications (dApps) through Ethereum Virtual Machine (EVM) – the standard on which all protocols on Ethereum run.
Owing to the popularity and apparent interoperability benefits, many other blockhains like the BNB Chain [BNB], Avalanche [AVAX], and Polygon, became EVM-compatible.
While thousands of dApps have reaped the benefits of EVM, the solution began to show its limitations in recent years.
One of the foremost was the lack of popular language options available to developers apart from Solidity. It was a time-consuming and difficult process for anyone who wished to use a different language to work in this ecosystem.
The Wasm technology has been viewed as the main competitor to the EVM. Wasm expands the fami
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Author: Aniket Verma