Near (NEAR) Price Analysis: NEAR Goes Up As NEAR Foundation And Polygon Team Up To Build Zk Solution | Headlines | News | CoinMarketCap

11/09/2023 17:12
Near (NEAR) Price Analysis: NEAR Goes Up As NEAR Foundation And Polygon Team Up To Build Zk Solution | Headlines | News | CoinMarketCap

NEAR Foundation, the non-profit entity behind the NEAR Protocol, has announced a collaboration with Ethereum scaling solution Polygon Labs to improve …

NEAR Foundation, the non-profit entity behind the NEAR Protocol, has announced a collaboration with Ethereum scaling solution Polygon Labs to improve interoperability across chains. 

The strategic collaboration between NEAR Protocol and Polygon Labs will see the building of a zkWASM, a zero-knowledge prover for WASM blockchains. 

The NEAR Foundation-Polygon Labs Partnership 

The collaboration between the NEAR Foundation and Polygon Labs brings NEAR Protocol a step closer to one of the largest blockchain networks in Ethereum and also enables blockchains with WASM (WebAssembly) technology to use Ethereum’s liquidity, as stated by the press release. The partnership will look to build zkWASM, a zero-knowledge prover for WebAssembly (WASM) blockchains. zkWASM will help …

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