Polygon's Chain Development Kit Facilitates Canto's Transition to ZK Layer 2 on Ethereum

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Polygon's Chain Development Kit Facilitates Canto's Transition to ZK Layer 2 on Ethereum
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Polygon co-founder Sandeep Nailwal said that Canto layer-2 will feature a trustless ZK bridge to Ethereum, which will be 'out-of-the-box.'

Polygon’s Chain Development Kit Facilitates Canto’s Transition to ZK Layer 2 on EthereumPolygon co-founder Sandeep Nailwal said that Canto layer-2 will feature a trustless ZK bridge to Ethereum, which will be “out-of-the-box.”

Canto is a layer-1 blockchain initially focused on decentralized finance and is now migrating to a zero-knowledge Layer 2 solution on Ethereum using Polygon CDK. This move aims to create a blockchain ecosystem dedicated to real-world assets. Canto, which was launched in 2022, offers an EVM execution layer and essential financial tools, with its development governed by the Canto Commons, an open framework.

Furthermore, Canto’s developers will shift towards utilizing a shared ZK bridge for handling canonical assets. The main objective of neofinance is leveraging blockchain technology for greater financial efficiency at scale, while Polygon CDK is tasked with providing the necessary modular infrastructure. This approach prioritizes deep liquidity while maintaining security and trustlessness through Ethereum’s ZK-powered Layer 2.

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