Polygon zkEVM Bridged WBTC uses zk-rollup technology, allowing Bitcoin transactions to be processed on Polygon’s Layer-2 network. More
Fully Diluted Valuation | $1.04M |
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24H Trading Volume | $1,432 |
24H Low / High | $106.67K / $ 112.28K |
Circulating Supply | 9.73 |
Total Supply | 9.73 |
Max Supply | ∞ |
Categories | Bridged WBTC 2 more |
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Founder | Jaynti Kanani 2 more |
Website | polygon.technology |
Chains | Polygon-zkevm Ecosystem |
Explorer | Polygonscan |
Contracts |
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Name | Pair | OG Score |
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Polygon zkEVM Bridged WBTC allows Wrapped Bitcoin (WBTC) to operate on Polygon’s zkEVM chain, leveraging zero-knowledge rollups for enhanced scalability and transaction efficiency. This bridges the power of Bitcoin with the speed and low fees of Polygon’s Layer-2 scaling solution.
Features
The main feature of this bridged WBTC is its ability to take advantage of Polygon’s zkEVM technology, offering low-cost and scalable Bitcoin transactions. Users can move WBTC across chains with ease, enabling Bitcoin holders to participate in DeFi applications on Polygon’s network. This bridging also enhances liquidity within the Polygon ecosystem.
Conclusion
Polygon zkEVM Bridged WBTC unlocks the potential of Bitcoin on Polygon’s Layer-2 solution, providing faster, cheaper transactions for BTC holders. By integrating zkEVM, this solution ensures scalability and efficiency while maintaining the liquidity and security of WBTC.
Polygon zkEVM Bridged WBTC uses zk-rollup technology, allowing Bitcoin transactions to be processed more efficiently with low fees on Polygon’s Layer-2 network.
Polygon zkEVM was developed by the Polygon team, led by co-founders Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun.
Polygon is backed by Sequoia Capital India, SoftBank Vision Fund, and others.
Polygon zkEVM operates on zero-knowledge proof (ZK) rollups, which is a layer-2 solution over Ethereum’s proof-of-stake (PoS) consensus.
Quickswap (Polygon zkEVM)