The article discusses the latest developments in the Polygon crypto project’s unified liquidity blockchain. The aim is to create a new layer of value for the internet by providing unified liquidity and scalability. The new design includes the use of zero-knowledge cryptographic proofing technology. The Polygon Labs team and co-founder Sandeep Nailwal announced the upgrade to the PoS network, and there is talk of a layer 2 ZkEVM Validium that inherits Ethereum’s security. The Polygon 2.0 architecture includes four different layers: staking, interoperability, execution, and proof. The benefits of implementation include more efficient proof generation and verification, zk proof aggregation, and secure cross-chain communication channels. The final transition to Polygon 2.0 is planned for the first quarter of next year.
– Polygon crypto project aims to create a new layer of value for the internet
– Upgrade to the PoS network and talk of a layer 2 ZkEVM Validium
– Polygon 2.0 architecture includes four different layers
– Benefits of implementation include more efficient proof generation and verification
– Final transition to Polygon 2.0 planned for the first quarter of next year
Hot Take: The developments in the Polygon crypto project’s unified liquidity blockchain are exciting and have the potential to revolutionize the blockchain space. The use of zero-knowledge cryptographic proofing technology and the implementation of the Polygon 2.0 architecture will bring unlimited scalability and unified liquidity to the internet. With the planned transition scheduled for the first quarter of next year, we can expect even more advancements in the coming months. It will be interesting to see how Polygon’s zk network develops and if it can compete with other advanced solutions in the market. Stay tuned for more updates on this promising project.
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