Layer 1 blockchain Canto is migrating to become an Ethereum Layer 2 that uses zero-knowledge proofs, according to a statement.
"After assessing several routes, it quickly became clear that Polygon CDK offers a powerful suite to enable Canto to deliver a ZK L2 that extends the community's defining ethos of permissionless sovereignty, security, and liquidity as a public good," CantoCanto originally launched in 2022 as a general-purpose Layer 1 blockchain offering an Ethereum Virtual Machine-compatible execution layer.Canto follows other Layer 1 blockchains looking to Ethereum this year.
A month later, co-founder and architect of the Fantom Foundation Andre Cronje said that the team was considering what would effectively make the Layer 1Additionally, Canto joins Astar, Immutable, IDEX and Palm Network as ZK-based Layer 2s built by Polygon. © 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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