zkEVM Rollups, a new scaling solution for Ethereum, will allow the smart contract protocol to outpace Visa in terms of transaction throughput, said Polygon co-founder Mihailo Bjelic in a recent interview with Cointelegraph.
Polygon recently claimed to be the first to implement a zkEVM scaling solution, which aims at reducing Ethereum’s transaction costs and improving its throughput. This layer-2 protocol can bundle together several transactions and then relay them to the Ethereum network as a single transaction.
Према Сандееп Наилвал, Polygon’s other co-founder, this solution will slice Ethereum fees by 90% and increase transaction throughput to 40–50 transactions per second.
As Bjelic pointed out, if further upgraded, ZkEVM Rollups could one day handle thousands of transactions per second, thus outpacing mainstream payment systems like Visa.
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Source: https://cointelegraph.com/news/ethereum-will-outpace-visa-with-zkevm-rollups-says-polygon-co-founder