NFT Chain Palm Network to Become a Polygon ZK Supernet

Nonfungible token-focused blockchain Palm Network plans to transition into being a customized Polygon blockchain.

Palm Network will soon become a Polygon ZK Supernet, which will see minting, trading, and collecting NFTs becoming more readily available to its users. Additionally, Palm Network will become interoperable with Ethereum and the rest of the Polygon 2.0 ecosystem.

Polygon “supernets” are customizable blockchains that are created using Polygon consensus software, while the term “ZK Supernet” refers to a network that uses zero-knowledge proofs to process deposits and withdrawals from Ethereum.

Over the past few months, the Polygon team has been working to create an ecosystem of multiple ZK supernets joined together through its software, a system they have referred to as “Polygon 2.0.”

Related: Polygon Labs Proposes to Upgrade Polygon PoS Chain to ZK Layer2