Canto is moving its DeFi-focused app chain to Polygon
Blockworks
18 Sep 2023 7:38 PM
The Canto alt layer-1 network intends to transition to a zero-knowledge layer-2 on Ethereum, via the Polygon Chain Development Kit. ...
- Canto, a blockchain for decentralized finance applications, plans to transition to a zero-knowledge layer-2 on Ethereum using the Polygon Chain Development Kit.
- By joining the Polygon ecosystem, Canto can tap into liquidity and inherit security properties from Ethereum.
- The Polygon CDK provides shared liquidity through a zk bridge and interoperability layer.
- Canto would use Plonky2 for zk proofs and maintain a proof-of-stake validator set.
- Other blockchains, like Immutable, have also been using the Polygon CDK for testing.
The article highlights the benefits of Canto joining the Polygon ecosystem, indicating a positive sentiment towards the decision.
You May Ask
What is Canto's plan for transitioning to a zero-knowledge layer-2 on Ethereum?How can Canto benefit from joining the Polygon ecosystem?What does the Polygon Chain Development Kit offer to developers?Which technology will Canto use for zk proofs?Are there other blockchains using the Polygon CDK for testing?