Polygon co-founder Jordi Baylina has launched a new zero-knowledge project called ZisK, an independent initiative aimed at supporting multiple programming languages and accelerating the adoption of decentralized technology.
ZisK is a fully open-source zero-knowledge virtual machine (zkEVM) stack, initially developed at Polygon, the new company stated in a social media post on Wednesday. Baylina indicated that his primary focus will shift to developing ZisK, but he will continue to serve as an advisor to Polygon.
The spin-off project led by Baylina will include seven additional developers, described as the "core team of Polygon zkEVM provers." According to ZisK, the development team has been collaborating for at least three years.
ZisK is described as having a modular design that supports high-level languages such as Rust and others.
Zero-knowledge technology has long been considered a game changer for blockchain infrastructure, particularly in addressing Ethereum's long-standing scalability and gas fee limitations. As a layer two scaling solution, zkEVM increases transaction throughput while relying on privacy-preserving cryptographic techniques.
Shortly after ZisK's spin-off from Polygon, Sandeep Nailwal took full control of the Polygon Foundation, which oversees Polygon Labs and the broader layer two ecosystem.
While Nailwal has been a prominent figure at Polygon, he now serves as the foundation's first official CEO.
The leadership change comes after Polygon co-founder Mihailo Bjelic left the foundation's board. Nailwal described Bjelic as "a significant force behind Polygon's achievements today."
In addition to Polygon PoS, a core focus of the foundation is AggLayer, an interoperability layer designed to optimize cross-chain liquidity and unify fragmented chains.
Competition in the Ethereum layer two space is intensifying, with companies racing to build new infrastructure to bring traditional finance into the world of tokenized assets.
As reported by Cointelegraph Magazine, traditional financial institutions plan to tokenize hundreds of billions or even trillions of dollars of real-world assets through customized L2 solutions.
Related: TRM Labs: Archetyp dark web market has been shut down, but the ecosystem is highly adaptable
Original article: “ZisK Spins Off from Polygon with ‘Polygon zkEVM Core Team’”
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