Polygon Co-Founder Steps Back from Full-Time Role
Jaynti Kanani, co-founder of Polygon, has announced that he is stepping away from his full-time responsibilities at the company. In a tweet, Kanani stated that after kickstarting Polygon in 2017, he made the decision to step back from the day-to-day operations. However, he will continue to contribute and support Polygon from the sidelines while focusing on new ventures. This follows the departure of another co-founder earlier this year. Anurag Arjun left to establish Avail, a modular blockchain project. Polygon currently has a total of 10 co-founders.
Polygon 2.0 and Kanani’s Optimism
Kanani expressed his optimism for Polygon 2.0, stating that he is “bullish” about it. The Ethereum scaling project recently proposed upgrades for Polygon 2.0, which aims to create an interconnected network of Layer 2 chains driven by zero-knowledge proofs. These changes were initially introduced in June and are expected to enhance Polygon’s capabilities.
Hot Take: Jaynti Kanani’s Transition and Polygon’s Future
Jaynti Kanani’s decision to step back from his full-time role at Polygon marks a significant transition for the company he helped start. While he will continue to support the project, his focus on new adventures opens up possibilities for both himself and Polygon’s future growth. With the upcoming implementation of Polygon 2.0 and its interconnected network of Layer 2 chains, the project seems poised for further advancement in the Ethereum ecosystem. It will be interesting to see how Kanani’s departure impacts Polygon’s trajectory and what new opportunities lie ahead for both him and the company.
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