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Article Title: What is the Immutable zkEVM Ethereum Network?

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It is reported that Polygon and Immutable have announced the establishment of a \”strategic alliance\” and jointly launched a new Ethereum extension network, \”Immutable zkEVM\”, desig

Article Title: What is the Immutable zkEVM Ethereum Network?

It is reported that Polygon and Immutable have announced the establishment of a “strategic alliance” and jointly launched a new Ethereum extension network, “Immutable zkEVM”, designed specifically for Web3 games, combining Polygon zkEVM technology with the Immutable platform designed specifically for blockchain based games. It is reported that Immutable zkEVM will be launched by the end of the second quarter of 2023, but developers are now able to start building software development kits (SDKs). Polygon and Immovable also specifically clarified that the two platforms have not been merged. Polygon’s own zkEVM main network will launch a beta version on March 27th, while the existing Immovable X network based on StarkEx zk-Rollup technology will operate together with the new Immovable zkEVM network. （Decrypt）

Polygon and Immutable collaborate to launch the expanded Ethereum network “Immutable zkEVM”

Introduction

Recently, Polygon and Immutable announced a strategic alliance to launch a new Ethereum extension network called Immutable zkEVM. This new network is designed specifically for Web3 games, combining Polygon zkEVM technology with the Immutable platform designed for blockchain-based games. In this article, we will take a closer look at what Immutable zkEVM is, how it works, and what benefits it offers.

What is Immutable zkEVM?

Immutable zkEVM is a new Ethereum extension network, designed specifically for Web3 games. It is the result of a strategic alliance between Polygon and Immutable, combining the zkEVM technology developed by Polygon with the platform developed by Immutable for blockchain-based games. It is important to note that Immutable zkEVM is not a merger of the two platforms, but a new network that complements them.

How does Immutable zkEVM work?

Immutable zkEVM is designed to solve the problem of high gas fees and slow transaction times in the Ethereum network. It uses zero-knowledge proofs (ZKPs) to enable fast, secure, and low-cost transactions for Web3 games. ZKPs allow for the verification of the validity of a transaction without revealing any sensitive information about it, making it ideal for Web3 games, which require fast and secure transactions.
Developers can start building software development kits (SDKs) for Immutable zkEVM now, and the network is expected to be launched by the end of the second quarter of 2023. The existing Immovable X network based on StarkEx zk-Rollup technology will operate together with the new Immovable zkEVM network.

Benefits of Immutable zkEVM

Immutable zkEVM offers several benefits for Web3 games, including:

Low Transaction Fees

Immutable zkEVM uses zero-knowledge proofs (ZKPs) to enable fast and secure transactions at a much lower cost than the Ethereum network. This can significantly reduce transaction fees for players and developers and make it accessible for smaller developers and games.

Fast Transaction Confirmations

Immutable zkEVM uses ZKPs to enable fast and secure transactions. This means that transactions are confirmed almost instantly, which is essential for Web3 games, where players need to make fast transactions.

Secure Transactions

Immutable zkEVM uses ZKPs to enable secure transactions without revealing any sensitive information about them. This makes it ideal for Web3 games, which require fast and secure transactions without compromising user data.

Interoperability

Immutable zkEVM is interoperable with other Ethereum networks, which means that developers can leverage existing smart contracts and tools to build Web3 games on Immutable zkEVM easily.

Conclusion

Immutable zkEVM is a new Ethereum extension network designed specifically for Web3 games. It is the result of a strategic alliance between Polygon and Immutable, combining the zkEVM technology developed by Polygon with the platform developed by Immutable for blockchain-based games. Immutable zkEVM uses zero-knowledge proofs (ZKPs) to enable fast, secure, and low-cost transactions for Web3 games. It offers several benefits for Web3 games, including low transaction fees, fast transaction confirmations, secure transactions, and interoperability.

FAQs

Q. When will Immutable zkEVM be launched?
A. Immutable zkEVM is expected to be launched by the end of the second quarter of 2023.
Q. What are the benefits of Immutable zkEVM?
A. Immutable zkEVM offers low transaction fees, fast transaction confirmations, secure transactions, and interoperability, making it ideal for Web3 games.
Q. How does Immutable zkEVM work?
A. Immutable zkEVM uses zero-knowledge proofs (ZKPs) to enable fast, secure, and low-cost transactions for Web3 games. It is designed to solve the problem of high gas fees and slow transaction times in the Ethereum network.

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