Polygon's Chain Development Kit Facilitates Canto's Transition to ZK Layer 2 on Ethereum

CryptoPotato
CryptoPotato

19 Sep 2023 8:06 PM

Polygon co-founder Sandeep Nailwal said that Canto layer-2 will feature a trustless ZK bridge to Ethereum, which will be "out-of-the-box."...

  • Canto, a Cosmos-based layer-1 blockchain, is migrating to a zero-knowledge layer 2 on Ethereum using Polygon Chain Development Kit (CDK).
  • The move aligns with Canto's goal of building a blockchain dedicated to real-world assets.
  • Canto offers an EVM execution layer and essential financial tools, with development governed by the Canto Commons.
  • The migration to Ethereum's ZK-powered Layer 2 aims to create a "neofinance" future, emphasizing the protocolization of traditional finance.
  • Canto joins other projects like Astar, Gnosis, and IDEX in building ZK layer-2 solutions using Polygon's CDK.

The article highlights the positive development of Canto migrating to a zero-knowledge layer 2 on Ethereum using Polygon CDK. This move aligns with Canto's goals and contributes to the development of a "neofinance" future. The sentiment is overall positive.

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You May Ask

What is Canto's main objective in migrating to a zero-knowledge layer 2 on Ethereum?How does Canto plan to create a blockchain ecosystem dedicated to real-world assets?What is the role of Polygon CDK in Canto's migration?Which other projects have also chosen to build ZK layer-2 solutions using Polygon's CDK?What advantages does the migration to Ethereum's ZK-powered Layer 2 offer for Canto's users and validators?

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