On Tuesday, Polygon co-founder Mihailo Bjelic published a pre-proposal discussion post in which he proposed a massive update to Polygon’s Proof-Of-Stake (POS) system in order to convert it into a zkEVM validium.
The upgrade would convert the main chain into a zkEVM validium, which would keep the chain compatible with the Ethereum Virtual Machine. A validium varies from a ZK rollup in that it employs an off-chain data availability architecture.
If the community approves and implements the update, the new version will rely on zero-knowledge proofs to boost security. “Polygon PoS would be able to leverage high security of Ethereum, constituted by ~$40B staked $ETH for economic security and 600k+ validators”, Mihailo Bjelic added in the post.
Polygon’s zkEVM technology is cutting edge and is “arguably the most advanced” in the industry, Mihailo Bjelic said. So, substituting current legacy architecture with the zkEVM would also ensure that the Polygon POS system becomes “Future-Proof.”
Polygon PoS is an Ethereum scaling solution with over $900 million in total value locked within its contracts and a daily transaction rate of over 2 million. It was initially introduced in 2019. Polygon zkEVM, a second network that uses zero-knowledge proof rollups to grow Ethereum, was introduced in March by the Polygon team.