Why Spin chooses to build on @0xPolygonDeFi: Unleashing the power of Ethereum-compatible scaling 🔥
TL;DR:
✅ EVM-equivalence
✅ Ethereum security
✅ ZKP-powered scalability
↓
A perfect environment for a cutting-edge derivatives infrastructure.
1/🧵 Thread below!
TL;DR:
✅ EVM-equivalence
✅ Ethereum security
✅ ZKP-powered scalability
↓
A perfect environment for a cutting-edge derivatives infrastructure.
1/🧵 Thread below!
2/ Polygon #zkEVM, as a L2 scaling solution, presents an ideal platform for Spin's derivatives infrastructure.
One of the standout features of Polygon zkEVM is its EVM-equivalence, which ensures that devs and users can seamlessly transition from Ethereum to the zkEVM network.
One of the standout features of Polygon zkEVM is its EVM-equivalence, which ensures that devs and users can seamlessly transition from Ethereum to the zkEVM network.
3/ This means that the institutional-grade infrastructure Spin aims to build on Polygon zkEVM will be easily accessible to all users in the Ethereum and its L2 secosystem.
4/ When compared to other scaling solutions, Polygon zkEVM's compatibility with the Ethereum ecosystem becomes a significant advantage.
5/ The vast investment of time and resources in the Ethereum dev community is preserved, so Spin can tap into a vibrant ecosystem of tools, libraries, and developer expertise.
6/ Moreover, Polygon zkEVM's performance stands out, thanks to the implementation of recursive STARKs.
This breakthrough technology brings a ~100x improvement in key operations, such as Keccak, ECDSA, and Recursion, enabling faster ZK proof times and greater scalability.
This breakthrough technology brings a ~100x improvement in key operations, such as Keccak, ECDSA, and Recursion, enabling faster ZK proof times and greater scalability.
7/ In the world of decentralized finance, security is paramount.
Spin understands this and recognizes the inherent security offered by the zkEVM network. It offers the same level of security as the native Ethereum network.
Spin understands this and recognizes the inherent security offered by the zkEVM network. It offers the same level of security as the native Ethereum network.
8/ By utilizing ZK proofs, Polygon zkEVM ensures that every transaction on the network is validated, safeguarding user funds and preventing any unauthorized access by the operators.
This is crucial for building trust among users and maintaining the integrity of the platform.
This is crucial for building trust among users and maintaining the integrity of the platform.
9/ By harnessing the scalability, compatibility, and security offered by Polygon zkEVM, Spin can bring together the best of Ethereum's ecosystem with optimized performance and enhanced security.
10/ This strategic move sets the stage for Spin to revolutionize the decentralized derivatives trading landscape and cater to the evolving needs of retail and institutional traders.
LFG, the new heights are waiting 🗻
LFG, the new heights are waiting 🗻
جاري تحميل الاقتراحات...