On December 9, Polygon co-founder Mihailo Bjelic announced that the project has acquired the Ethereum scaling startup Mir in a $400 million deal. The Mir team of cryptographers and engineers are joining Polygon in order to create a “highly-scalable, Ethereum-compatible ZK rollup” called Polygon Zero. Mihailo Bjelic: ‘Polygon Is Focused on Zero-Knowledge Cryptography as the End Game for Blockchain Scaling’ Following Polygon’s acquisition of the Hermez Network (now Polygon Hermez ) for $250 million in August, the project has announced it has purchased the Ethereum scaling startup Mir . Polygon co-founder Mihailo Bjelic revealed the acquisition on Thursday and said the startup is “building groundbreaking ZK tech.” The $400 million deal will pave the way for Polygon’s new ZK Rollup project. “The Mir team is now joining Polygon in order to utilize this groundbreaking technology and build our new project – Polygon Zero, a highly-scalable, Ethereum-compatible ZK Rollup,” Bjelic said. “Po
Official Bitcoin Latest News Blog 🗞️