Polygon to Buy $5M of Servers With Computer Chips Devoted to Zero-Knowledge Cryptography

Polygon Labs, a significant developer of Ethereum Layer-2 networks, shared Tuesday that it’s unveiling a brand new kind of pc chip optimized for zero-knowledge cryptography processing, constructed particularly by {hardware} maker Cloth. for Polygon’s interoperability answer, AggLayer.

The information comes as Cloth introduced final month a $33 million Collection A spherical, by which Polygon Labs participated, to create “verifiable processing items” or VPUs, a customized chip designed for cryptography and blockchains.

The ZK workforce at Polygon labored with Cloth to create VPUs for its prover libraries, Plonky2 and Plonky3. Provers are a key a part of blockchain programs constructed round zero-knowledge cryptography, which emerged final yr as one of many crypto business’s hottest design options, and a key focus for Polygon.

The AggLayer is a Polygon undertaking to make token transfers seamless between related blockchain networks.

“As the latest contributor to AggLayer, Cloth will work intently with Polygon Labs to speed up AggLayer’s roadmap by growing software program to run Plonky2 and Plonky3 on the VPU, and Polygon Labs will work intently with Cloth to make sure that future generations of the VPU will speed up AggLayer’s efficiency roadmap for the long run,” Polygon wrote of their press launch.

The workforce additionally shared that Polygon Labs will purchase $5 million value of VPU-based server programs as a part of as we speak’s announcement to speed up ZK-proof era tasks on the AggLayer.

“Cloth’s VPUs can speed up the timeline for broader adoption of zero-knowledge expertise from three to 5 years to 6 to 12 months,” Polygon co-founder Mihailo Bjelic stated within the press launch shared with CoinDesk. “For Polygon Labs, the implementation of this expertise will dramatically speed up the event of the AggLayer, delivering real-time, reasonably priced proof that nobody thought would come for years, and far decrease proof prices than beforehand thought attainable within the medium time period .”

Learn extra: Cloth, startup constructing ‘VPU’ chips for cryptography, raises $33 million