Polygon integrated Mina protocol and its privacy-preserving technology that will now be supported on the Ethereum scaling solution as we are reading more in our latest crypto news today.
Polygon is the popular scaling solution for Ethereum and Mina Protocol is a smart contracts platform that announced a new bridge to merge these two technologies. Pitched as the world’s smallest blockchain that Polygon integrated, the Mina protocol is only a few kilobytes compared to Ethereum’s 300-gigabyte blockchain which means that synching the Mina network is easier for teh average user rather than the hefty hardware demands as you can fully run a node from your smartphone.
Mina Foundation is working with @0xPolygon to implement support for #MinaProtocol on Polygon PoS.
This bridge will enable developers building dapps on #Polygon to leverage privacy and verifiability via Mina's zk-SNARK-based protocol. Find out more here👉 https://t.co/HFUzXLK3uS pic.twitter.com/t1fqwn7npJ
— Mina Protocol (@MinaProtocol) September 9, 2021
It’s even able to condense its network to this size thanks to teh use of zero-knowledge proofs as a privacy-centric piece of cryptography. Today’s collab means that the developers can build applications on Polygon using Mina’s ZK-snark enabled apps or Snapps. The technical jargon can be boiled down to using zero-knowledge proofs as these types of applications can keep certain features hidden from different parties.
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Instead of being able to find who owns teh most expensive FNT on Polygon, SNapps are able to hide the owner’s identity. Also, for sensitive KYC information, a crypto protocol that needs details could use Snapp to affirm without having to expose key information like passport numbers or birthdays. Essentially, developers will have the ability to include privacy features into the apps they build on Polygon. The co-founder of Polygon Sandeep Naiwal said:
“Building a bridge between Polygon and Mina is an important step towards achieving our shared vision of a fully decentralized ecosystem of dapps that keeps users in control of their data.”
The tie-up adds to the focus Polygon has on improving scalability via privacy-preserving technologies as the scalability project acquired Hermez as a scalability solution that uses zero-knowledge rollups for 250 million MATIC tokens. Both native tokens of the project are increased as MATIC is up 5% over the past day.
As earlier reported, Layer one network Polygon partners with Filecoin to solidifies its position on the market and with the recently announced partnership, users will benefit from some free storage. The cooperation launched the first bridge to increase interoperability and it will be built by the Textile team which enables users to use any of the Polygon mainnet to connect with the Filecoin storage. Users can store data on Filecoin from Polygon addresses without any conversions, developer tokens, signups or secrets exchanged.
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