NEAR and Polygon partner to innovate on zero-knowledge proofs
NEAR Foundation partners with Polygon Labs to develop zkWASM, a cutting-edge zero-knowledge solution enhancing interoperability and security for WASM chains. The NEAR Foundation, renowned for its contribution to the NEAR protocol’s ecosystem, and Polygon Labs, have announced a pioneering venture to create zkWASM—a zero -knowledge proof technology tailored for WASM-based blockchains. This collaborative effort was unveiled at NEARCON, the annual flagship event for the NEAR community, taking place in Lisbon. This strategic partnership promises to merge NEAR’s proficiency in WASM runtime with Polygon’s mastery of zero -knowledge scaling technologies. The initiative is designed to bridge NEAR Protocol with Ethereum, granting WASM chains access to Ethereum’s expansive liquidity. It also lays the groundwork for an interoperability layer currently in the works, enabling a shared liquidity pool across various blockchain landscapes, including alternative layer-1s and EVM layer-2...