Sunday, December 22, 2024

Polygon Plonky3 Sets New Benchmark as Fastest Zero-Knowledge Proving System

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KEY TAKEAWAYS

  • Polygon Plonky3 sets a new benchmark in zero-knowledge proving systems, achieving over 2 million hashes per second.
  • The system’s open-source nature empowers developers to create custom zkVMs and zkEVMs, enhancing blockchain applications.
  • Integration with Optimism’s stack highlights Plonky3’s role in advancing zero-knowledge technology, improving transaction speed and cost efficiency.
  • Open sourcing has accelerated innovation, allowing developers to tailor solutions to evolving technological needs.

Polygon Plonky3 has once again established itself as the fastest zero-knowledge proving system in the industry, according to the latest benchmarking results. The system can now prove more than 2 million hashes per second on an M3 Max, significantly surpassing the previous record of 500,000 hashes per second set by StarkWare’s Stwo proving system on a MacBook.

This performance leap highlights Polygon Plonky3’s capability to accelerate proof generation, making it a powerful toolkit for developers building custom zero-knowledge virtual machines (zkVMs) or zero-knowledge Ethereum virtual machines (zkEVMs). The open-source nature of Polygon Plonky3 allows developers to leverage its capabilities to create tailored solutions for blockchain applications.

Advancements in Zero-Knowledge Technology

Polygon Plonky3 powers several high-performance zkVMs, including Valida and Succinct’s SP1, which is integrated into Optimism’s stack as OP Succinct. This integration underscores the importance of Polygon Plonky3 in the zero-knowledge (ZK) future of the OP Stack, enhancing transaction processing speed, reducing costs, and improving user experience.

The open-source ethos of Polygon Plonky3 enables continuous growth and innovation in the field of zero-knowledge proofs. Developers can configure the system to prioritize speed or proof size, depending on their specific needs. Currently, the only available polynomial commitment scheme is FRI, with support for additional schemes under development.

Open Source Impact

The decision to open source Polygon Plonky3 has had significant positive effects on the industry, fostering faster development and innovation. This approach allows developers to mix and match components to build zkVMs or zkEVMs that best suit their applications, ensuring that projects can evolve alongside advancements in mathematical and engineering innovations.

For more details on Polygon Plonky3’s performance and capabilities, visit the official announcement here.


Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
Neel Kapoor
Neel Kapoor
Neel Kapoor is a dedicated cryptocurrency enthusiast and blockchain expert at Coinsholder.com. With over a decade of experience, Neel offers insightful analysis and commentary on the latest trends and innovations in the crypto space. His clear and concise writing makes complex topics accessible to all readers.

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