Polygon has launched the first Ethereum-equivalent scaling solution Polygon zkEVM capable of reducing fees by 90%, while also increasing transaction speeds. It is a Layer 2 scaling solution that gives both the scalability benefits of ZK proofs and compatibility with the Ethereum Virtual Machine (EVM). With the announcement, the Ethereum (ETH) price surpassed the $1600 The post Here’s How Polygon zkEVM Increases Transaction Speed And Reduces Fees By 90% appeared first on CoinGape.
