Polygon (MATIC) Launches Maiden Alpha Testnet V3 For Its' zkEVM Rollup

Polygon (MATIC) Launches Maiden Alpha Testnet V3 For Its' zkEVM Rollup

Polygon, the leading Ethereum scaling platform, recently announced the launch of Maiden Alpha Testnet V3 for its Polygon zkEVM rollup. This latest milestone marks significant progress in Polygon's development of its zero-knowledge Ethereum Virtual Machine (zkEVM) rollup. Miden, the underlying technology behind Polygon's zkEVM rollup, is a zk-SNARK-based EVM that allows developers to build and run smart contracts while benefiting from the security and scalability of zero-knowledge proofs. The Miden Testnet V3 supports standard smart contracts and provides developers with a platform to test and experiment with zkEVM technology. With the launch of Maiden Alpha Testnet V3, Polygon is inviting developers and enthusiasts to participate in testing the zkEVM rollup and contribute to its development. By leveraging the feedback and insights gathered during this phase, Polygon aims to refine the technology and prepare it for a wider deployment. The launch of Polygon's zkEVM rollup is highly anticipated and is expected to significantly enhance the scalability and privacy of the Polygon ecosystem. With its ability to bundle multiple transactions into a single proof, the zkEVM rollup can process a large number of transactions off-chain, reducing gas fees and latency while maintaining the security of the Ethereum blockchain.