Matter Labs Nets $200M to Build zkSync Ethereum Scaling Platform

Other companies in addition to Matter Labs, like the research-oriented Scroll platform and the Ethereum juggernaut Polygon, are progressing on their own ZK-rollup platforms. Together, these firms represent the first cohort of a new class of so-called zkEVMS – ZK rollups which, unlike past applications of the technology (including an older version of the zkSync network), will be able to support virtually any program that runs on Ethereum.

Source: https://www.coindesk.com/tech/2022/11/16/matter-labs-nets-200m-to-build-zksync-ethereum-scaling-platform/?utm_medium=referral&utm_source=rss&utm_campaign=headlines