Quantcast

Co-founder of Ethereum: Polygon, ZK tech 'greatly helped in moving the space forward'

Greens’ push to end German cryptocurrency tax exemption sparks debate
Rise in crypto fund launches predicted as digital gains “acceptance”
EU threatens US hegemony of stablecoins and $140 billion market
Giggle Academy: Changpeng Zhao (CZ) presents his new entrepreneurial project
Crypto: France becomes one of the leaders in adoption!
Mintos Expands Its Reach And Officially Debuts In France And The Netherlands
Millionero wins Best Start Up Exchange Award at Crypto Expo Europe 2024, Romania
Binance Launches Internal Investigation Following Reports of BOME Insider Trading
The bull run is just beginning according to Binance CEO
Binance offers $5M reward for insider trading tip-offs
Tether's USDT Gets Delisted on Crypto Exchange OKX for EU Users
Crypto.com's CEO believes bitcoin price in December 2020 phase of cycle
AI is worsening a €16bn tsunami of fake goods. The EU wants blockchain to help
EU publishes draft rules for stablecoin issuer complaint procedures
Steven Cohen's Point72 Ventures backs European crypto exchange D2X in $10m funding
France's Request Finance acquires crypto accounting fintech Consola Finance - FinTech Futures: Fintech news
OpenAI swoops up French and Spanish news partners for AI chatbot training
Javier García de la Torre: "2024 will be a year of cautious optimism in the crypto sector"
ECB Executive pens November 2025 rollout for digital Euro CBDC
Cryptocurrencies: The Eu Will Crack Down More Severely On Sanctions Violations
EU Parliament Passes Sanctions Law Including Crypto, Aiming To Seal Loopholes Across 27 States
Global crypto investment products saw $2.7 billion record inflows last week
Can the digital euro actually find traction in Europe?
Binance exit sparks fears and opportunities in Nigeria’s crypto community
Portugal elections: Is the country’s crypto-friendly status at stake?
European countries roll out crypto laws in race toward MiCA
EU Leads In Crypto Products And Regulation: Interview With Menno Martens, A Product Manager At VanEck EU
BlackRock's Global Allocation Fund to Invest in Spot Bitcoin ETFs
France: Zama startup raises $73 million to revolutionize crypto!
Spain blocks Sam Altman’s eyeball-scanning venture Worldcoin
Co-founder of Ethereum: Polygon, ZK tech 'greatly helped in moving the space forward'
Web3/Crypto
Webp vitalik buterin 4
Vitalik Buterin, Co-founder for Ethereum | University of Waterloo

Vitalik Buterin, co-founder of Ethereum, has said that Polygon and Sandeep Nailwal have significantly advanced the ecosystem. He noted that adopting zero-knowledge (ZK) solutions for the Proof-of-Stake (PoS) chain would enhance Layer-2 security guarantees. This statement was made on X.

"I really appreciate both Sandeep's personal contributions and Polygon's immensely valuable role in the ethereum ecosystem," said Buterin. "Polygon put a lot of resources into ZK-EVM proving early on, both by bringing in Jordi Baylina's team and through other efforts, and greatly helped in moving the space forward. Sandeep put a lot of his personal effort into CryptoRelief, which has made large contributions to biomedical infrastructure and research inside India. Personally, I hope that at some point soon Polygon can just pick up off the shelf ZK tech that has now gotten quite good and apply it to the PoS chain to get full stage 1 and later stage 2 guarantees from the ethereum L1."

As of October 2025, Polygon co-founder Sandeep Nailwal publicly criticized the Ethereum community and the Ethereum Foundation for not acknowledging Polygon’s contributions to scaling. This sparked a debate over whether the network should be considered a full-fledged Layer 2 or merely a sidechain. According to ForkLog, Nailwal said the Ethereum community "refuses to recognize Polygon as a full-fledged L2 solution" despite its contributions.

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

Recent benchmarks for zero-knowledge proof cost and throughput indicate advancements in ZK-rollups by late 2025. For instance, zkSync Era achieved approximately $0.01 per transaction cost, while StarkNet claims peak throughput of up to 4,200 transactions per second (TPS) with about $0.003 per transaction cost, according to AInvest as of October 15, 2025.

Security and stage-guarantee comparisons show that Polygon’s PoS chain is classified as an 'Other/EVM-compatible sidechain' with Total Value Secured (TVS) around $3.6 billion as of 2025. In contrast, production ZK-rollups like zkSync or StarkNet adopt validity-proof security models and higher stages of decentralization, highlighting security differentiation across stacks according to L2BEAT.

Vitalik Buterin is a Canadian-Russian programmer who co-founded Ethereum in 2014 and remains a key researcher in its development. Beyond cryptocurrency, his philanthropic efforts include the Balvi Philanthropic Fund which donated $15 million in USD Coin (USDC) to the University of California San Diego for open-source airborne-disease research, according to U.C. San Diego news from March 2023.

Ethereum is a decentralized blockchain platform founded in 2015 with the mission to be global programmable money and smart-contract infrastructure. Its governance is community-based via improvement proposals and upgrades. The roadmap for 2025 emphasizes features like PeerDAS (data-availability sampling) and blob parameter upgrades to enable scalable Layer-2 ecosystems according to Ethereum.org.

Organizations Included in this History
More News

Vladimir Gorbunov, founder of Choise.ai, expressed concerns over bans on cryptocurrency kiosks, suggesting that such measures misdiagnose the issue of fraud.

Oct 31, 2025

Alison Jimenez, president of Dynamic Securities Analytics, said that the focus on Bitcoin ATMs overlooks the fact that most cryptocurrency scam losses occur via exchanges.

Oct 30, 2025

Chuck Callesto, a political strategist and founder of Star Political, expressed his support for President Trump's pardon of Changpeng "CZ" Zhao.

Oct 29, 2025

Carlos Domingo, CEO of Securitize, said that the company is facilitating crypto investors' access to on-chain real-world asset information without the need for coding or blockchain explorers.

Oct 24, 2025

Changpeng Zhao, founder of Binance, commented on DeepSeek's reported success in artificial intelligence trading, highlighting potential market effects and the likelihood of increased research and activity.

Oct 24, 2025

Vitalik Buterin, co-founder of Ethereum, has said that Polygon and Sandeep Nailwal have significantly advanced the ecosystem.

Oct 24, 2025