Polygon Labs proposes upgrade of flagship sidechain to ‘zkEVM validium’

The Polygon Labs engineering team has proposed an upgrade to the Polygon PoS sidechain to become ‘zkEVM Validium,’ an Ethereum-secured Layer 2 network.

Polygon is currently one of the most widely used blockchains in the crypto sector in terms of daily transactions and holds over $2 billion in on-chain assets.