Polygon Acquires Zero-Knowledge Pioneer Mir to Advance Ethereum Scaling

Announcements, Blockchain, Innovation, News | December 10, 2021 By:

Ethereum scaling platform Polygon has announced a $400M deal to secure the world’s fastest Zero-Knowledge (ZK) scaling technology, spearheaded by Mir.

Polygon claims to be the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc., and Standalone Chains like Polygon POS, designed for flexibility and independence.

In a press release, Polygon said that it acquired Mir to gain access to the world’s fastest ZK scaling technology. Zero-knowledge proofs are a promising scaling solution because they allow many Ethereum transactions to be verified with a single tiny proof. But until now, generating ZK proofs has been slow and inefficient. Mir has solved this problem by generating recursive proofs faster than ever before.

Mir’s pioneering technology, now known under its new name Polygon Zero, will be absorbed into Polygon’s evolving suite of Zk scaling products alongside existing solutions, including Polygon Avail, Polygon Nightfall, and Polygon Hermez.

According to Polygon, while Ethereum has the potential to be the most widely used blockchain for Web3 applications, it is currently being held back by scalability challenges, which in turn lead to high transaction fees.

“The industry is still in an early phase when it comes to scaling and blockchain infrastructure in general,” Mihailo Bjelic, Co-Founder of Polygon, said. “One of the key missing components required to build highly scalable solutions has been performant recursive proof systems; they simply haven’t existed so far. This ends today. We are introducing a recursive proof system that is orders of magnitude faster than anything else and is practical to verify on Ethereum. This is a huge win for the entire industry.”

To address Ethereum’s challenges and make it the most accessible blockchain for the next billion crypto users, Polygon is actively building an arsenal of scaling solutions. The acquisition of Mir is a key component in Polygon’s $1 billion strategy for Ethereum scaling. It follows the recently announced merger of Hermez Network (now Polygon Hermez), the development of Polygon Nightfall, a privacy-focused rollup built in collaboration with EY, and Polygon Miden, a STARK-based, EVM-compatible ZK rollup scaling solution.

Alongside novel scaling tech, the deal will induct more world-class talent into the Polygon ranks. Mir, founded by Brendan Farmer and Daniel Lubarov, has a team as strong as any in the industry, featuring backgrounds and skill sets from engineering at Google to Ph.D. research in pure math and credentials from top cryptography research institutions like Berkeley and EPFL.

“Joining Polygon is an incredible opportunity for us to work toward scaling Ethereum.” Brendan Farmer, co-founder of Mir said, “Polygon is one of the most dedicated and successful teams in the space, and we’ve been impressed by their commitment to ZK as a scaling solution for Ethereum. We’re very excited to dedicate our world-class team and the technology that we’ve developed toward achieving this vision.”