The long-awaited extension and update of Polygon, an etheric layer 2 solution provider, has announced that the public beta version of its zero knowledge ethernet VM virtual machine (ZKEVM) is scheduled for march 27th

In an online article on February 14th, Polygon showed that through three and a half months of "combat testing", the system is also fully prepared for next month's main online release.

They were touted as a "seamless expansion of the Ethernet" and were released as a test network last December.

The research and development of ZK-ROLLUP magnification technology has been well done in the past three years. During this time, the Polygon zkEVM system software reached many of the milestones the team talked about.

It mainly includes the deployment of several smart contracts in 5000, the formation of 75000 ZK certificates, 84000 wallets and two public third-party audits.

The team stressed that security is critical, which is why Polygon zkEVM goes through a series of evaluations and audits.

This method applies zero knowledge proof-data encryption to determine, in the extended environment, so that the service platform can authenticate a lot of transaction information before binding and determining Ethernet.

Polygon is not the only team focused on zkEVM solutions. Extension provider zkSync is developing similar EVM technology through its zkPorter-de-chaining necessary transaction information.

Scroll, another Scaling solution provider, is also working with Etherum Foundation Group's personal privacy and Scaling Explorations groups to build zkEVM solutions.

The Ethernet Charitable Foundation also supports a project called using ZKP, which is dedicated to the development of ZK-ROLLUP adapted to EVM.

The team explained the value of the technology, emphasizing that the true EVM equivalence represented the ether's ability to expand "without using the most appropriate countermeasures".

"the best way to expand Etherum is to ensure the existing Etherum ecosystem: the coding and tools infrastructure must work properly. This is what Polygon zkEVM wants to achieve.

This kind of scalable expertise can also significantly save transaction costs. The cost of certification for a large number of transactions has been reduced to about $0.06, while the cost of simple transfer confirmation is less than $0.001, the team added.

Matter Labs, the company behind Polygon, raised $50 million in a series B equity financing led by Andreessen Horowitz in November 2021 to produce ZK-Rollups adapted to EVM.

Ma Jiqi, the native coin of Longhu, took care of the news, rising 5.3% in the past 12 hours or so. Therefore, according to Cointelegraph, at the time of writing, the transaction price of OTP was $1.24.