1. PixelPlaygroundHome
  2. Blockchain Briefs

Polygon zkEVM has had more than 2500 cross chain users in the past 24 hours

• Blockchain Briefs • 99 views

According to data from Dune Analytics, over 2500 users have completed over 2700 cross chain transactions of $880000 since Polygon zkEVM was launched nearly 24 hours ago. Currently,

Polygon zkEVM has had more than 2500 cross chain users in the past 24 hours

According to data from Dune Analytics, over 2500 users have completed over 2700 cross chain transactions of $880000 since Polygon zkEVM was launched nearly 24 hours ago. Currently, Polygon TVL is about $884000.

Polygon zkEVM has had more than 2500 cross chain users in the past 24 hours

I. Introduction
A. Definition of cross chain transactions
B. Importance of cross chain transactions in the crypto world
II. What is Polygon zkEVM?
A. Definition of Polygon
B. Explanation of zkEVM
III. Cross chain transactions using Polygon zkEVM
A. How to execute cross chain transactions
B. Advantages of using Polygon zkEVM for cross chain transactions
IV. The impact of Polygon zkEVM on the crypto world
A. Improve scalability
B. Cost-effective
C. Save time
V. The Future of Cross chain transactions using Polygon
VI. Conclusion
VII. FAQs

Article:

**Cryptocurrency is a form of digital or virtual currency that operates independently of central banks. In recent years, cross chain transactions have become increasingly prevalent in the crypto world. Cross chain transactions are transactions that occur between two blockchains. With the launch of Polygon zkEVM, over 2500 users have completed over 2700 cross chain transactions of $880,000 since its launch nearly 24 hours ago. Currently, Polygon TVL is about $884,000.**
**What is Polygon zkEVM?**
Polygon, formerly known as Matic Network, is a high-performance, scalable blockchain platform for developers to build applications on. zkEVM is a zero-knowledge proof technology used to improve the security of blockchain networks. By integrating zkEVM, Polygon aims to make its blockchain more secure, efficient, and scalable.**
**Cross chain transactions using Polygon zkEVM**
With the launch of Polygon zkEVM, executing cross chain transactions has become more accessible than ever. Cross chain transactions using Polygon zkEVM can be executed in the following way:
1. The user deposits a cryptocurrency on one blockchain
2. The transaction is transferred to the Polygon network
3. The transaction is verified using zero-knowledge proof
4. The transaction is transferred to the second blockchain
**Advantages of using Polygon zkEVM for cross-chain transactions**
Using Polygon zkEVM for cross chain transactions has several advantages, including:
1. Increased security
2. Enhanced scalability
3. Lower fees
4. Faster transaction time
**The impact of Polygon zkEVM on the crypto world**
The launch of Polygon zkEVM has improved the scalability and performance of blockchain networks. By reducing the cost and time required to execute cross chain transactions, Polygon zkEVM has made it easier for developers and users to take advantage of the benefits of blockchain technology.
**The future of cross-chain transactions using Polygon**
The launch of Polygon zkEVM is just the beginning. With the continued development and improvement of the Polygon network, we can expect to see even more advancements in cross chain transactions. In the future, we can expect to see more efficient, faster and cost-effective cross-chain transactions.
**Conclusion**
Overall, the launch of Polygon zkEVM has had a significant impact on the crypto world, making cross chain transactions more accessible, affordable and faster than ever. By reducing the cost and time required to execute cross chain transactions, Polygon has made it easier for developers and users to take advantage of the benefits of blockchain technology.
**FAQs**
1. What is Polygon?
Polygon, formerly known as Matic Network, is a high-performance, scalable blockchain platform for developers to build applications on.
2. What are cross chain transactions?
Cross chain transactions are transactions that occur between two blockchains.
3. How does Polygon zkEVM improve the security of blockchain networks?
zkEVM is a zero-knowledge proof technology used to improve the security of blockchain networks.

This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/10783/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 03/28/2023 13:55
Next 03/28/2023 14:16

Recommended articles