Co-founder of Polygon Brendan Farmer (Shutterstock/CoinDesk)

Polygon, StarkWare Tout New 'Circle STARKs' as Breakthrough for Zero-Knowledge Proofs

Summary

Polygon Labs and StarkWare have collaborated to develop "Circle STARKs," a new cryptographic proof aimed at enhancing the efficiency and scalability of blockchains. This breakthrough is expected to accelerate the proving process for zero-knowledge rollup technology, leading to faster and cheaper transactions. The collaboration between the two teams, typically seen as rivals, is aimed at improving layer-2 networks on Ethereum. The new Circle STARKs are anticipated to bring significant improvements, with Polygon's co-founder expecting a seven-to-10x enhancement in proving speed. The release date for Circle STARKs is unspecified, but the whitepaper is available online.