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Polygon ZKEVM

What is Polygon ZK-EVM?

Polygon ZK-EVM (Zero-Knowledge Ethereum Virtual Machine) is a layer 2 scaling solution for the Ethereum blockchain. It aims to enhance the scalability and efficiency of Ethereum transactions by utilizing zero-knowledge proofs and zk-rollups to process transactions off-chain while ensuring the same security guarantees as the Ethereum mainnet.

Key Features:

  • Layer 2 Scaling Solution
  • Zero-Knowledge Proofs
  • ZK-Rollups Technology
  • Off-Chain Transaction Processing
  • Compatibility with Ethereum Smart Contracts

Use Cases:

Polygon ZK-EVM is valuable for Ethereum users, developers, and projects seeking to reduce congestion and transaction fees on the Ethereum mainnet. It can be used for decentralized applications (DApps), token transfers, and smart contract interactions with improved scalability and cost-efficiency.

Visit their official website to learn more:
https://polygon.technology/polygon-zkevm
Accounting Features Supported for
Polygon ZKEVM
Unrealized G/L & Impairment Calculation
Soon
Reconciliation & Sanity Checks
Soon
DeFi Protocols
Soon
NFTs Valuation
Soon
Automated Rule Categorization
Soon
Integration to ERPs, QBO, Xero, Netsuite, etc.
Soon

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