The new bridge offers enhanced functionality, improved UX, and unparalleled security, making it easier than ever to get started with blockchain scaling.
Introducing the Polygon Bridge for zkEVM
The Polygon Bridge for zkEVM features numerous UX improvements, such as a more visible progress bar, transaction history, a recent transaction panel with color-coded completion status, and time estimates for pending transactions.
Users can also enjoy fast finality when transacting within the rollup and, in most cases, claim their funds on the Ethereum mainnet within 30-60 minutes.
The bridge supports popular assets, including ERC-20 and ERC-777 tokens, and does not require mapping before bridging tokens. This development is a significant improvement over other chains, which often necessitate time-consuming token mapping processes.
Polygon zkEVM: A new era for Ethereum scaling
The Mainnet Beta of Polygon zkEVM, launched on March 27, has already attracted an impressive array of teams, including premier dApps such as Lens and Balancer, blue-chip gaming projects like Midnight Society and Oath of Peak, and trusted infrastructure providers such as ANKR, Alchemy, Sequence, and The Graph.
Ethereum co-creator Vitalik Buterin performed the symbolic first transaction on the Mainnet Beta, stating, “I’m happy to see Ethereum Layer 2 scaling becoming fully real, and not just something that’s theoretical.”
As Ethereum enters a new phase led by Polygon zkEVM, the community’s focus shifts from hypotheticals to tangible progress. The company has said that it is is committed to providing greater transparency about the zkEVM’s capabilities and user experience.
Key metrics and ongoing development
Since the Mainnet Beta launch, gas prices have declined, while developer activity has increased. However, the company acknowledges that the total value locked (TVL) on the zkEVM Mainnet Beta is currently lower than that of other L2s, at $2.74 million.
Polygon Labs aims to improve gas fees, proof-generation times, and other essential metrics as they continue to develop the zkEVM technology. As the technology advances, the company says it will provide updates on key metrics, ongoing improvements, and potential setbacks.
As zkEVMs and Ethereum L2s remain cutting-edge technology, Polygon Labs emphasizes the importance of collaboration within the Ethereum community to refine and improve these solutions.
The company intends to prioritize pragmatic and honest communication about how technologies such as Polygon zkEVM function and will provide more in-depth details moving forward.