Why Polygon (MATIC) Nightfall Mainnet?
Enterprise blockchains are often full of potential but lack privacy. The only reason here is that businesses are unaudited, closed and centralized. Polygon definitely offers an almost impossible option. The ZK compilation maintains the privacy of transactions on the public network, while Optimistic Rollups is interested in scaling up and efficiency. Backed by Ethereum, Nightfall is the true definition of trust, transparency, and credibility. “Most enterprise blockchain solutions are not decentralized. They are usually private or authorized based on the trust available between the parties. By centralizing the blockchain, it damages trust. ”
The optimal Nightfall approach
As mentioned earlier, the use of the advanced Optimistic-ZK combination method gives the business everything it needs to optimize. Storing transactions on the main Ethereum network ensures safety. They have also made sure to keep costs as low as possible while maintaining security from third parties. “We are pleased to announce Polygon Nightfall, a blockchain solution that leverages advanced Optimistic-Zero Knowledge technology to provide businesses with an accessible blockchain network with the privacy they need.” The beta version of mainnet is a decentralized private transaction for businesses that launched today. Polygon and professional services company EY are convinced of opening a lot of doors in the web3. Polygon (MATIC) is a carbon-neutral web3 infrastructure with a commitment to be carbon negative by the end of the year. The beta release is in sync with the mission as they focus on reducing gas charges.
“A focused solution reduces the benefits of using blockchain in the first place. However, if businesses try to use public blockchains like Ethereum, gas fees will become too high and banned.” Polygon (MATIC) hopes to solve some of these key problems of public networks and be licensed from the outset. The highlights of the new launch will be discussed on Tuesday through an AMA session. Viewers will discover how “the first Grade 2 ZK changed enterprise blockchains.” Paul Brody, blockchain leader at EY, and Antoni Martin, leader at Polygon (MATIC) will be part of tuesday’s launch.