Canto to migrate into a ZK-powered Layer 2 on Ethereum | Headlines | News | CoinMarketCap
09/19/2023 01:19
The Layer 1 blockchain Canto is set to migrate to Ethereum. The Layer 1 blockchain is migrating to become an Ethereum Layer 2 that uses …
The Layer 1 blockchain Canto is set to migrate to Ethereum.
The Layer 1 blockchain is migrating to become an Ethereum Layer 2 that uses zero-knowledge proofs, according to a statement. Canto is working with the Ethereum scaling developer Polygon to do so, leveraging the Polygon Chain Development Kit (CDK) to undergird the new design as it puts a focus on real-world assets.
"After assessing several routes, it quickly became clear that Polygon CDK offers a powerful suite to enable Canto to deliver a ZK L2 that extends the community's defining ethos of permissionless sovereignty, security, and liquidity as a public good," Canto added on X. Polygon CDK is an open-source codebase for creating ZK-powered Ethereum Layer 2s.
Canto originally launched in 2022 as a general-purpose …