The co-founder of Polygon, Jordi Baylina, has a brand new zero knowledge project called Zisk, which is spared and independent initiative to support several programming languages ​​and to speed up the introduction of decentralized technologies.
Zisk is a very open source virtual machine (ZKEVM) stack (virtual machine), which was originally developed in polygon, the brand new company announced in a social media post on Wednesday. Baylina said his principal focus will shift to the event of Zisk, but he would proceed to serve polygon in an advisory role.
Source: Jordi Baylina
The spinoff led by Baylina will accommodate seven additional developers, that are known as “core heads behind the polygon zkevm-prover”. According to Zisk, the event team has worked together for no less than three years.
Zisk is described as a modular within the design and supports high -ranking languages ​​equivalent to Rust and others.
The zero-knowledge technology has long been considered a game changer for the blockchain infrastructure, especially within the establishment of Ethereum's long-term scalability and gas fee restrictions. As a layer 2 scaling solutions, ZKEVMS increase the transaction throughput and relies on the cryptography of privacy.
Sandeep Nailwal becomes CEO of the polygon foundation
Zisk drove from Polygon Shortly after Sandeep Nailwal took over full control over the polygon foundation, monitored the polygon laboratories and the broader shift 2 ecosystem.
While Nailwal has been the face of polygon for a very long time, it’s now the primary official CEO of the inspiration.
The leadership was followed by the Exodus of Polygon co-founder Mihailo Bjelic, who had served on the board of the inspiration. Nailwal described Bjelic as “a force behind a lot of what polygon makes what it’s today”.
In addition to polygon POS, one in all the core focuses of the Agglayer foundation, an interoperability layer to optimize the cross -schain liquidity and to standardize fragmented chains.
The competition within the Ethereum Layer-2 area is increasing because corporations construct a brand new infrastructure to involve traditional financing into the world of tokenized assets.
As the cointelegraph magazine reported, traditional financial institutions plan to tokens billions, unless trillions dollars of real assets via tailor -made L2S.
