NEAR Foundation and Polygon Labs Collaborate to Launch zkWASM

NEAR Foundation and Polygon Labs Collaborate to Launch zkWASM



The NEAR Foundation, recognized for its significant role in expanding the NEAR protocol's network, has joined forces with Polygon Labs to embark on the development of zkWASM, an innovative zero-knowledge proof mechanism optimized for WASM-based blockchain systems. This initiative was revealed at NEARCON, the NEAR community's premier annual gathering, which was held in Lisbon.



This alliance aims to combine NEAR’s expertise in WASM runtimes with Polygon's experience in zero-knowledge scaling solutions. The project intends to facilitate a connection between the NEAR Protocol and Ethereum, thereby allowing WASM blockchains to tap into Ethereum’s substantial liquidity pool. Furthermore, it establishes the foundation for an interoperability layer that is currently being developed to permit a unified liquidity pool spanning diverse blo


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