zkEVM Chain is a Layer 2 blockchain designed to incorporate Zero-Knowledge Proofs (ZKPs) for enhanced privacy, scalability, and cost-efficiency. This innovative blockchain leverages advanced cryptographic techniques to provide a secure and efficient platform for decentralized applications (dApps). With zkEVM Chain, developers can build a wide range of applications while ensuring transaction privacy and reducing costs, making it a promising solution for the evolving blockchain landscape.
zkEVM Chain combines the strengths of two groundbreaking technologies: zero-knowledge proofs, offering innovative cryptographic solutions, and the EVM (Ethereum Virtual Machine), a distributed state machine that has transformed the landscape of blockchain-based application development. This fusion opens up new horizons for blockchain innovation and application development.
Ethereum Virtual Machine
The Ethereum Virtual Machine or EVM is a piece of software that executes smart contracts and computes the state of the Ethereum network after each new block is added to the chain.
The EVM sits on top of Ethereum's hardware and node network layer. Its main purpose is to compute the network's state and to run and compile various types of smart contract code into a readable format called 'Bytecode.'
This makes it possible for smart contracts deployed on EVM-compatible chains like Polygon or Avalanche to be recognized by Ethereum nodes, and allows developers to port their dapps or tokens over from Ethereum to other EVM-compatible chains with relative ease.