Polygon Plans to Complete Polygon 2.0 by 2024
Polygon co-founder Jordi Baylina predicts that by 2024, Polygon’s Ethereum layer-2 scaling networks will be integrated into the “Polygon 2.0” cross-chain coordination protocol. This integration will test the scalability and integration of Polygon’s various networks through the use of zero-knowledge proofs (ZK-proofs).
“2024 is going to be very much about Polygon 2.0, having all these networks connected, sharing the liquidity, sharing the composability between the network with different flavors,” Baylina said.
Baylina explained that Polygon’s ecosystem consists of multiple networks with their own tokens, sequencers, and data availability solutions. The upgrade to Polygon 2.0 aims to unify these protocols using ZK-proof technology, creating a seamless and limitless blockspace.
Polygon 2.0: A Four-Layered Scaling Ecosystem
In June 2023, Polygon introduced its plans for Polygon 2.0, which involves four protocol layers: staking, interop, execution, and proving layers. These layers work together to establish an interconnected chain ecosystem that facilitates fast value transfer and information sharing.
Hot Take: Polygon’s Ambitious Roadmap for Cross-Chain Integration
Polygon’s vision for Polygon 2.0 sets an ambitious roadmap for cross-chain integration and scalability within its ecosystem. By bringing together various Ethereum layer-2 scaling networks and implementing ZK-proofs, Polygon aims to create a unified and efficient blockchain infrastructure that enables seamless transactions and data sharing across different chains. With plans set for completion by 2024, this development marks a significant milestone in Polygon’s journey towards becoming a leading player in the crypto industry.
By
By
By
By