Ethereum (ETH) scaling resolution Polygon (MATIC) has launched the mainnet beta of its highly-anticipated zkEVM with a high-prize bug bounty.
The zkEVM is a zero-knowledge rollup (ZK-rollups) scaling resolution equal to the Ethereum Digital Machine.
ZK-rollups purpose to spice up the throughput of the Ethereum blockchain by bringing computations and state storage to layer-2, permitting transactions to be made off-chain whereas solely placing minimal knowledge on the Ethereum mainnet.
Polygon’s zkEVM goals to simply let builders deploy good contracts with larger finality and decrease transaction prices. In response to a brand new announcement from Polygon right now, Polygon zkEVM is now dwell and open supply.
“Right this moment, Polygon Labs is happy to announce that Polygon zkEVM has not solely launched Mainnet Beta, however additionally it is absolutely open-source below an AGPL v3 license.
This implies Polygon zkEVM won’t be proprietary and builders may have entry to the repositories to switch, use, and distribute as they see match. As a rising variety of ZK-rollups are introduced, the query of license ZK software program, which Polygon Labs has addressed up to now, will solely develop into extra urgent.”
The announcement says that although Polygon’s new community has undergone two stringent audits just lately, there’s nonetheless the prospect that the brand new mainnet may nonetheless have some undetected bugs within the code. To fight bugs, Polygon has posted a hefty bounty for bug finders.
“As mentioned, Polygon zkEVM Mainnet Beta comes with the chances of bugs–in order the method of battle-testing the protocol in the actual world unfolds, a bug bounty has been set, with as a lot as $1,000,000 for documenting essential vulnerabilities.”
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