Log in
Enquire now
polygon-nightfall

polygon-nightfall

A privacy-focused Rollup for Enterprises

OverviewStructured DataIssuesContributors

Contents

polygon.technology/solutions/polygon-nightfall/
Is a
Cryptocurrency
Cryptocurrency

One-of-a-kind privacy-focused rollup that effectively combines the concepts of Optimistic Rollups with Zero-Knowledge (zk) cryptography thus creating a private and scalable transactions solution

Mechanism

Optimistic Rollups with Zero-Knowledge

Nightfall 3 is an upgraded version of Nightfall aimed to lower the transaction cost of ERC20, ERC721 and ERC1155 token private transfers. It uses Optimistic Rollup for lowering the costs and the privacy is attained by leveraging zero knowledge proofs. The optimistic rollup contracts are deployed on Ethereum (layer 1). Validators will roll up transactions into blocks and submit them to the Optimistic contracts. Challengers will submit fraud proofs for any invalid block to the same contracts. All the information required to perform a private transfer exists with clients and does not rely on any off chain third party.

Transactional Benefits

Enables token transfers of ERC20, ERC721 and ERC1155

Rooted in the security of Ethereum

Lower transaction costs due to optimistic approach

Provides higher throughput

Decentralised

Full ownership and control of assets

Non-custodial architecture

Incentivised LPs that provide instant withdrawal of fungible tokens could also provide the minimum one honest verifier requirement

Accessibility

In public domain and community driven

Provides SDK for development

Provides CLI and web wallet (through Polygon website) interfaces

Architecture

Layer 2 scalability solution

Impact Statistics

Implementing Polygon Nightfall results in below numbers.

9000 - GAS per transaction

110 txn/sec - Throughput

Timeline

No Timeline data yet.

Further Resources

Title
Author
Link
Type
Date
No Further Resources data yet.

References

Find more entities like polygon-nightfall

Use the Golden Query Tool to find similar entities by any field in the Knowledge Graph, including industry, location, and more.
Open Query Tool
Access by API
Golden Query Tool
Golden logo

Company

  • Home
  • Press & Media
  • Blog
  • Careers
  • WE'RE HIRING

Products

  • Knowledge Graph
  • Query Tool
  • Data Requests
  • Knowledge Storage
  • API
  • Pricing
  • Enterprise
  • ChatGPT Plugin

Legal

  • Terms of Service
  • Enterprise Terms of Service
  • Privacy Policy

Help

  • Help center
  • API Documentation
  • Contact Us
By using this site, you agree to our Terms of Service.