Polygon Co-Founder Jordi Baylina Launches Independent Zisk Project as Polygon Phases Out zkEVM Network
The post Polygon Co-Founder Jordi Baylina Launches Independent Zisk Project as Polygon Phases Out zkEVM Network appeared on BitcoinEthereumNews.com.
Polygon co-founder Jordi Baylina has officially launched Zisk, a new independent venture focused on advancing zkVM verification technology. This strategic move follows the Polygon Foundation’s decision to phase out its underutilized Zero-Knowledge Proof EVM network. Initially incubated within Polygon Labs since May 2024, Zisk completed its spin-off on June 13, transferring all related intellectual property and the core zkEVM team to SilentSig GmbH, a Swiss entity fully owned by Baylina. Despite the transition, Baylina continues to hold his role as Polygon co-founder and will provide advisory support. In parallel, Polygon’s CEO and co-founder Sandeep Nailwal announced a strategic shift to discontinue the zkEVM chain. The Foundation plans to redirect resources towards enhancing the Polygon PoS network and accelerating development of the AggLayer cross-chain aggregation protocol. This realignment underscores Polygon’s commitment to optimizing scalability and interoperability within its ecosystem, reflecting a pragmatic approach to resource allocation and technological innovation. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ 💎 The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex; adplace.innerHTML = adscodesBinance[adsindex]; sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBinance”, sessperindex); } })(); Source: https://en.coinotag.com/breakingnews/polygon-co-founder-jordi-baylina-launches-independent-zisk-project-as-polygon-phases-out-zkevm-network/
