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Polygon Miden founder By Cointelegraph

by Index Investing News
April 11, 2023
in Cryptocurrency
Reading Time: 1 min read
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ZK-rollups are ‘the endgame’ for scaling blockchains: Polygon Miden founder

ZK-rollups are the hottest thing in right now, having seemingly appeared out of nowhere in late 2018 to fundamentally reshape the Eth2 plan to scale via sharding alone.

Zero-knowledge, or validity proof rollups, essentially perform the computations for many thousands of transactions away from Ethereum and then write a tiny cryptographic proof back to the blockchain that verifies those transactions were performed correctly. Its much faster and cheaper than using the base layer and has the potential for virtually unlimited scaling.

To an outsider, it looked like the technology went from 0 to 100 in a couple of years, but from the perspective of Polygon Miden founder Bobbin Threadbare, it doesnt seem fast enough.

Polygons crack team of co-founders, including Threadbare back row, second from the right. (Twitter)
Threadbare operates under a pseudonym but is not a shadowy anon coder. (Supplied)
Threadbares post on Eth Research back in June 2019. (Eth Research)

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