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Polygon Labs Launches Chain Development Kit (CDK) for Ethereum-based zk Blockchains

Polygon Labs Launches Chain Development Kit (CDK) for Ethereum-based zk Blockchains

Introducing the Chain Development Kit (CDK) for Ethereum-based zk Blockchains

– The Polygon Labs team has launched the Chain Development Kit (CDK) to create customizable and interoperable L2 chains on Ethereum and Polygon.
– Developers now have a convenient tool for creating interconnected modular blockchains.
– The CDK allows for the exchange of data between L2 networks, forming the “value layer of the Internet.”
– This innovation builds upon the concept of supernet, but applied to zk-based layer 2 blockchains.
– The CDK ensures interoperability, composability, and unification of liquidity on a large scale.

The State of the L2 Market

– The Ethereum-backed zk blockchain landscape is improving with new solutions from Polygon and other infrastructures.
– Layer-2 solutions have become a dominant trend in the Web3 world, with many projects launching their own L2 networks.
– There has been a rapid expansion and introduction of new chains replicating the success of Matter Labs.
– These infrastructures offer fast transaction execution times and cost-effectiveness.
– The sector has seen the advent of Base, the layer-2 blockchain of Coinbase, attracting attention and creating FOMO.

Hot Take: Polygon Changing the Ethereum-based L2 Blockchain Industry

Polygon’s launch of the Chain Development Kit (CDK) marks a major step forward in creating interoperable and customizable L2 chains. With the CDK, developers have a convenient tool to create interconnected modular blockchains and tap into the unified liquidity of Ethereum and Polygon. This technological revolution is bringing the goals of Polygon 2.0 closer to reality, offering unlimited scalability and unified liquidity. As the L2 market continues to grow and evolve, Polygon is establishing itself as the benchmark infrastructure for the coming years.

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Polygon Labs Launches Chain Development Kit (CDK) for Ethereum-based zk Blockchains