Wu Blockchain (@WuBlockchain): According to Lorenz, Polygon acquired Hermez for $250 million in 2021 and renamed it Polygon zkEVM. However, the development of Polygon zkEVM has been…
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- MATIC-50Negative
According to Lorenz, Polygon acquired Hermez for $250 million in 2021 and renamed it Polygon zkEVM. However, the development of Polygon zkEVM has been quietly abandoned and has never been upgraded to use Blobs. The chain is running at a loss of more than $1 million per year. https://t.co/rH0XBecd33