Jaynti Kanani Takes a Step Back from Polygon
Jaynti Kanani, the co-founder of Polygon, has announced that he is stepping back from the day-to-day operations of the project after six years. In a tweet on October 4, Kanani expressed his intention to focus on new adventures while still contributing to Polygon from the sidelines. Alongside other software engineers, Kanani played a crucial role in establishing the Matic network in 2017, which later rebranded as Polygon.
The announcement received an emotional response from Sandeep Nailwal, who said that it was just the beginning for Polygon and expressed his wishes for a longer journey together. The Polygon website lists 10 co-founders of the protocol, some of whom are still involved in side projects on the platform. Anurag Arjun, for example, left Polygon in March to work on Avail, a blockchain data availability protocol.
Polygon 2.0 Transition
Polygon Labs has started accepting improvement proposals to facilitate the transition of the network to Polygon 2.0. Plans for this upgrade were announced in June and will introduce a new ecosystem with four protocol layers focused on staking, interop, execution, and proving. The development team is actively working on bringing Polygon 2.0 to life.
Hot Take: Jaynti Kanani Steps Back but Remains Committed
Jaynti Kanani’s decision to step back from the day-to-day operations of Polygon marks an important transition for both him and the project. After dedicating six years to its growth, Kanani now plans to explore new opportunities while still contributing to Polygon from a different perspective. This move reflects his confidence in Polygon’s future and its passionate community. With ongoing developments such as the transition to Polygon 2.0, Polygon continues to evolve and expand its presence in the crypto space. Kanani’s departure from the project’s daily operations is a testament to its growth and potential for further success.
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