[PRESS RELEASE – Ho Chi Minh city, Vietnam, December 14th, 2023]
Verichains, renowned as a trailblazer in blockchain security solutions and for its cutting-edge security research, proudly announces a strategic security collaboration with Polygon Labs, the development company behind leading Layer 2 scaling solutions powered by zero-knowledge (ZK) technology. This collaboration aims to fortify the security aspects of the upcoming Polygon zkEVM Mainet Beta upgrades and exemplifies our mutual commitment to advancing security standards within the blockchain ecosystem.
Verichains’ commitment to the security of ZK scaling technology is driven by a desire to contribute to open-source software. By focusing on the security enhancements of Polygon zkEVM upgrades, Verichains aims to elevate not only the Polygon ecosystem but also the broader ZK developer community.
As part of this collaboration, Verichains will conduct a comprehensive security audit of the updates to the zkProver, bug fixes, and other components of Polygon zkEVM Mainnet Beta. The goal is to maintain a robust and resilient security infrastructure for developers and users.
Verichains and Polygon Labs believe that the benefits of security research are additive. The insights gained from this collaboration aim to raise the overall security standards for ZK scaling technology, contributing to a more secure and trustworthy environment for the wider blockchain community.
By actively engaging in the security dialogue within the blockchain community, Verichains aims to play a pivotal role in shaping a more secure and resilient future for decentralized technologies.
About Verichains
Verichains is a leading provider of blockchain security solutions, specializing in cryptanalysis, security audits, and application security solutions. Renowned for investigating and mitigating some of the largest Web3 hacks, such as Ronin and BNB Chain Bridge, we blend groundbreaking research with practical security solutions to deliver comprehensive protection for the blockchain industry.
Verichains’ world-class security and cryptography research team has successfully identified critical vulnerabilities impacting billions of dollars across the industry, uncovering flaws within the core of Multi-Party Computation (MPC) and Zero-Knowledge Proofs (ZKP) implementations by major vendors. As a trusted security partner to leading Web3 companies and Crypto Exchanges like Binance, Bullish, Polygon Labs, Aptos Foundation and DWF Labs, Verichains leverages its deep roots in traditional cybersecurity to deliver cutting-edge solutions for a safer, more secure Web3 ecosystem.
Check out Verichains here.
About Polygon Labs & Polygon zkEVM
Polygon Labs develops Ethereum scaling solutions for Polygon protocols. Polygon Labs engages with other ecosystem developers to help make available scalable, affordable, secure and sustainable blockchain infrastructure for web3. Polygon Labs has initially developed a growing suite of protocols for developers to gain easy access to major scaling solutions, including Layer 2s (zero-knowledge rollups), sidechains, app-specific chains and data availability protocols.
Polygon zkEVM is a ZK rollup that functions as a Layer 2 network of the EVM. Polygon zkEVM Mainnet Beta is compatible with the EVM, supporting the majority of Ethereum EIPs, pre-compiles, and opcodes, allowing developers to seamlessly deploy smart contracts, tools, and wallets that already work on Ethereum, but in an environment with significantly lower costs.
For media inquiries, please contact:
Troy Le, troy@verichains.io | Verichains
Contact
Head of Business
Troy Le
Verichains
troy@verichains.io
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