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