- Utilizing zero-knowledge proofs, Arcana Validium aims for enhanced security and efficiency in blockchain technology applications.
- The collaboration addresses network centralization, leveraging Polygon CDK for a more decentralized and scalable blockchain infrastructure.
Arcana Network has partnered with Polygon to use the Polygon Chain Development Kit (CDK) for its decentralized application (dApp) ecosystem, specifically for Arcana Validium. This collaboration is part of Arcana’s plan to increase the decentralization and scalability of its blockchain technology offerings.
🚀Exciting News Alert!
As our Validium prepares for its debut, we will be building it with @0xPolygon CDK underneath!💜
Arcana Validium stands as our cornerstone, set to revolutionize the Web3 landscape. With Polygon CDK powering it, the possibilities are endless!👇… pic.twitter.com/xSn7I3b8YD
— Arcana Network $XAR (@ArcanaNetwork) April 3, 2024
Arcana Validium utilizes zero-knowledge computation proofs to validate off-chain computations and commits them to a data availability layer, aiming for improved efficiency and security.
The adoption of Validium technology is driven by Arcana’s goal to enhance user experience and scalability across its product suite. Benefits include faster transaction processing, lower data availability costs, development flexibility, and the provision of tailored solutions for distinct Web3 challenges.
To address initial centralization challenges within its network, Arcana has adopted the Polygon CDK. This toolkit aids in the development of zkEVM L2 chains on Ethereum, enhancing network decentralization and integrating protocol incentives to promote good behavior and secure the network.
This strategic move to the Polygon CDK supports Arcana’s Validium dApp ecosystem by improving scalability and ensuring seamless asset transfers while maintaining compatibility with Ethereum Virtual Machine (EVM). It also offers developers the ability to customize Layer 2 chains for various applications.
Since its launch in 2021, Arcana has developed several products aimed at simplifying Web3 interactions. These products include the Auth SDK, which facilitates user onboarding with non-custodial wallets; Arcana Gasless, which allows developers to cover gas fees for users; and SendIt, a service enabling crypto payments to email addresses, simplifying transactions.
Supported by a range of investors, Arcana Network seeks to contribute significantly to the Web3 domain through its innovative blockchain solutions.