Introduction

On March 28th, it was announced that Layer 2 has integrated the Polygon zkEVM network across the Rollup bridge, Orbiter Finance, allowing users to transfer assets across the chain between Polygon zkEVM and other supported networks.

Orbiter Finance has integrated the Polygon zkEVM network

The blockchain technology has been gaining immense popularity in the last few years to create decentralized applications, smart contracts, and other use cases. Many blockchain networks offer unique features that make them suitable for specific purposes. However, interoperability is one of the biggest challenges faced by blockchain developers today. This is where Layer 2 scalability solutions come into play.
On March 28th, 2021, it was announced that Layer 2 has integrated the Polygon zkEVM network across the Rollup bridge, Orbiter Finance, allowing users to transfer assets across the chain between Polygon zkEVM and other supported networks. This integration marks a significant milestone in the development of decentralized finance applications, as it provides a faster and more cost-effective way to move assets across different chains.
# What is Layer 2?
Layer 2 is a term used to describe a layer on top of a base blockchain layer. It is essentially a scaling solution that allows for faster and more efficient transactions. Layer 2 solutions offer a number of advantages over traditional scaling solutions such as sharding, which involves splitting the blockchain into smaller clusters. The main advantage of Layer 2 scaling is that it does not require significant changes to the base blockchain protocol, making it a more cost-effective and less time-consuming solution for developers.
# What is Polygon zkEVM Network?
Polygon is a Layer 2 scaling solution that has gained a lot of popularity in recent times. It is an Ethereum-compatible network that allows for faster and cheaper transactions compared to the Ethereum mainnet. Polygon uses a number of scaling solutions, including plasma and zk-rollups, to achieve its high throughput and low fees.
One of the key features of Polygon is its zkEVM network, which is a layer 2 solution that uses zero-knowledge proofs (zk-SNARKs) to verify transactions. This allows for even faster and more cost-effective transactions compared to other Layer 2 networks.
# What is Rollup Bridge by Orbiter Finance?
Rollup Bridge is a decentralized bridge that allows for seamless asset transfers between different chains. It is built on top of Orbiter Finance, which is a Layer 2 infrastructure provider for decentralized finance (DeFi) applications.
Rollup Bridge uses zk-rollups to achieve its high throughput and low fees. It is compatible with a number of different chains, including Ethereum, Binance Smart Chain, and Polygon. The integration of the Polygon zkEVM network into Rollup Bridge has made this solution even more robust and efficient.
# Benefits of the Layer 2 Integration
The integration of the Polygon zkEVM Network into Rollup Bridge has a number of benefits for users and developers. Firstly, it allows for faster and more cost-effective transactions between different chains. This is a significant improvement over existing bridging solutions, which can be slow and expensive.
Secondly, the integration makes it easier for developers to build cross-chain applications. Developers can now build applications that can interact with multiple chains without having to worry about the technical complexities of integrating different networks. This is a major step forward in making decentralized applications more accessible to users.
Finally, the integration of Layer 2 solutions like Rollup Bridge and Polygon zkEVM network are essential for the growth of decentralized finance. DeFi is one of the most promising use cases for blockchain technology, but its growth has been hampered by scalability issues. Layer 2 solutions provide a way to overcome these issues and make DeFi more accessible to a wider audience.
# Conclusion
The Layer 2 integration between Rollup Bridge and Polygon zkEVM network marks a significant milestone in the development of blockchain interoperability solutions. It provides faster and more efficient asset transfers between different chains, making it easier for developers to build cross-chain applications and for users to access decentralized finance services. As blockchain technology continues to evolve, we can expect to see more Layer 2 scaling solutions emerge, providing even greater scalability and interoperability.
# FAQs
1. What are the benefits of using Layer 2 scaling solutions?
Layer 2 scaling solutions offer faster and more cost-effective transactions compared to traditional scaling solutions. They also allow for greater interoperability between different chains, making it easier for developers to build cross-chain applications.
2. What is the Polygon zkEVM network?
The Polygon zkEVM network is a layer 2 scaling solution that uses zero-knowledge proofs (zk-SNARKs) to verify transactions. It offers faster and more cost-effective transactions compared to other Layer 2 networks.
3. What is Rollup Bridge by Orbiter Finance?
Rollup Bridge is a decentralized bridge that allows for seamless asset transfers between different chains. It is built on top of Orbiter Finance, which is a Layer 2 infrastructure provider for decentralized finance (DeFi) applications.