Jordi Baylina’s new venture, Zisk, will carry the zkVM torch forward following the Polygon Foundation’s decision to decommission the costly chain. Baylina retains a founder’s title, but his team and codebase are now fully independent. On June 18, Polygon co-founder…Jordi Baylina’s new venture, Zisk, will carry the zkVM torch forward following the Polygon Foundation’s decision to decommission the costly chain. Baylina retains a founder’s title, but his team and codebase are now fully independent. On June 18, Polygon co-founder…

Polygon co-founder Jordi Baylina revives zkEVM tech under new venture, Zisk

2 min read

Jordi Baylina’s new venture, Zisk, will carry the zkVM torch forward following the Polygon Foundation’s decision to decommission the costly chain. Baylina retains a founder’s title, but his team and codebase are now fully independent.

On June 18, Polygon co-founder Jordi Baylina took to X to announce that he and the core zkEVM development team have spun out to form Zisk, an independent project focused on advancing low-latency, open-source zero-knowledge virtual machine technology.

All intellectual property tied to the effort, including codebases developed under Polygon’s umbrella, has been transferred to SilentSig GmbH, a Swiss entity wholly owned by Baylina. According to Zisk’s website, the team had been incubating the project within Polygon since May 2024, before formalizing the carve-out on June 13.

The Zisk gambit: how Polygon’s zkEVM exodus could reshape zero-knowledge tech

Baylina’s spinout comes just a week after a major leadership shakeup at Polygon, with co-founder Sandeep Nailwal taking direct control of the Polygon Foundation. Following his appointment, Nailwal quickly introduced a new roadmap that sidelined the zero-knowledge EVM in favor of Polygon PoS and its AggLayer interoperability protocol.

The decision effectively shuttered a project that had been burning over $1 million annually. Blockchain researcher Lorenz Lehmann noted on X that Polygon had “quietly abandoned” development, despite investing nine figures into the initiative.

For Baylina and his team, the writing was on the wall. Rather than resist the shift, they opted to forge a new path. With Zisk, Baylina aims to eliminate the overhead of legacy architecture and focus on delivering the core promise of what zkEVM aspired to be but never fully achieved.

While current zkVMs like Polygon zkEVM emphasize EVM compatibility, Zisk’s architecture prioritizes low-latency proofs, a critical requirement for real-world use cases such as decentralized exchanges and gaming. Early benchmarks suggest Zisk’s approach could reduce verification times by 40–60% compared to incumbent solutions, though independent audits will be required to verify those claims.

The spinout also inherits Polygon zkEVM’s open-source legacy, with Baylina pledging to keep Zisk’s codebase permissionless.

Market Opportunity
Nowchain Logo
Nowchain Price(NOW)
$0.0016
$0.0016$0.0016
+67.64%
USD
Nowchain (NOW) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

Microsoft Corp. $MSFT blue box area offers a buying opportunity

Microsoft Corp. $MSFT blue box area offers a buying opportunity

The post Microsoft Corp. $MSFT blue box area offers a buying opportunity appeared on BitcoinEthereumNews.com. In today’s article, we’ll examine the recent performance of Microsoft Corp. ($MSFT) through the lens of Elliott Wave Theory. We’ll review how the rally from the April 07, 2025 low unfolded as a 5-wave impulse followed by a 3-swing correction (ABC) and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. Five wave impulse structure + ABC + WXY correction $MSFT 8H Elliott Wave chart 9.04.2025 In the 8-hour Elliott Wave count from Sep 04, 2025, we saw that $MSFT completed a 5-wave impulsive cycle at red III. As expected, this initial wave prompted a pullback. We anticipated this pullback to unfold in 3 swings and find buyers in the equal legs area between $497.02 and $471.06 This setup aligns with a typical Elliott Wave correction pattern (ABC), in which the market pauses briefly before resuming its primary trend. $MSFT 8H Elliott Wave chart 7.14.2025 The update, 10 days later, shows the stock finding support from the equal legs area as predicted allowing traders to get risk free. The stock is expected to bounce towards 525 – 532 before deciding if the bounce is a connector or the next leg higher. A break into new ATHs will confirm the latter and can see it trade higher towards 570 – 593 area. Until then, traders should get risk free and protect their capital in case of a WXY double correction. Conclusion In conclusion, our Elliott Wave analysis of Microsoft Corp. ($MSFT) suggested that it remains supported against April 07, 2025 lows and bounce from the blue box area. In the meantime, keep an eye out for any corrective pullbacks that may offer entry opportunities. By applying Elliott Wave Theory, traders can better anticipate the structure of upcoming moves and enhance risk management in volatile markets. Source: https://www.fxstreet.com/news/microsoft-corp-msft-blue-box-area-offers-a-buying-opportunity-202509171323
Share
BitcoinEthereumNews2025/09/18 03:50
Marathon Digital BTC Transfers Highlight Miner Stress

Marathon Digital BTC Transfers Highlight Miner Stress

The post Marathon Digital BTC Transfers Highlight Miner Stress appeared on BitcoinEthereumNews.com. In a tense week for crypto markets, marathon digital has drawn
Share
BitcoinEthereumNews2026/02/06 15:16
Fintech in a Fragmented World: Building Financial Products Across Geopolitical Lines

Fintech in a Fragmented World: Building Financial Products Across Geopolitical Lines

For most of the last ten years, the fintech growth story was one without borders. Startups made digital wallets, payment platforms, lending systems, and trading
Share
Globalfintechseries2026/02/06 15:17