Polygon, the favored scaling solution for Ethereum, and Mina Protocol, a lightweight, smart contracts platform, have introduced a bridge to merge the two technologies.
Pitched as the “world’s smallest blockchain,” the Mina Protocol weighs in at just some kilobytes in comparison with Ethereum’s 300-gigabyte blockchain. Because of this syncing the Mina network can also be much easier for the average user; instead of hefty hardware demands, you may run a full Mina node from your smartphone.
It’s in a position to condense its network to this size thanks to its use of zero-knowledge proofs, a privacy-centric piece of cryptography.
Today’s collaboration signifies that developers can now build applications on Polygon using Mina’s recursive zk-SNARK-enabled applications, or “Snapps.”
The technical jargon will be boiled right down to this: By using zero-knowledge proofs, these types of applications can maintain sure options hidden from different events.
Instead of being able to shortly discover who owns the costliest non-fungible token (NFT) on Polygon, Snapps might conceal the owner’s identification. Likewise for sensitive KYC information; a crypto protocol that wants these particulars could use a Snapp to affirm, without exposing, key information like a passport number or birthdate.
Primarily, builders will now have the flexibility to incorporate privateness options into any application that they now build on Polygon.
“Constructing a bridge between Polygon and Mina is a crucial step in the direction of attaining our shared imaginative and prescient of a totally decentralized ecosystem of dapps that retains customers accountable for their data,” stated the co-founder of Polygon, Sandeep Nailwal.
Polygon goes private
The tie-up provides to Polygon’s focus on improving scalability through privacy-preserving technologies. In August, the scalability challenge acquired Hermez, a scalability answer that makes use of zero-knowledge rollups, for 250 million MATIC tokens.
At press time, each native tokens of each project are on the up. MATIC, Polygon’s token, is up practically 5% over the past 24 hours. MINA is up practically 30% over the identical period.
Source: Decrypt
