Polygon 2.0 Unveiled: A Revolutionary Upgrade Set to Transform the Internet
The blockchain world is buzzing with the announcement of Polygon 2.0, a groundbreaking upgrade designed to create the Value Layer of the Internet.
What is Polygon 2.0?
The development of Polygon 2.0 is the result of over a year of collaboration between Polygon Labs, developers, researchers, applications, node operators, validators, and the wider Polygon and Ethereum communities.
This innovative development aims to revolutionise how value is created, exchanged, and programmed, eliminating the need for gate-keepers, rent-seekers, and middle-men.
Key features of Polygon 2.0
Value Layer of the Internet: Polygon 2.0 aims to become the Value Layer of the Internet, enabling users to create, exchange, and program value without the need for intermediaries. By eliminating gate-keepers, rent-seekers, and middle-men, Polygon 2.0 will democratise access to the global economy and foster decentralised finance, digital ownership, and novel coordination mechanisms.
1/ Our vision for Polygon is simple: to build the Value Layer of the Internet.— Polygon (Labs) (@0xPolygonLabs) June 12, 2023
The Internet allows anyone to create and exchange information. The Value Layer allows anyone to create, exchange, and program value.
Enter Polygon 2.0: a blueprint to build the ultimate Value Layer. pic.twitter.com/9eYSr3H1L5
Scalability & Unification: One of the fundamental features of Polygon 2.0 is its focus on scalability and unification. By leveraging Zero-Knowledge (ZK) powered Layer 2 (L2) chains and a novel cross-chain coordination protocol, Polygon 2.0 will provide unlimited scalability and unified liquidity.
Seamless User Experience: With Polygon 2.0, users will enjoy a seamless experience across the entire network, as if they were interacting with a single chain. Cross-chain interactions can occur safely and instantly, without additional security or trust assumptions.
Collaborative Development: The development of Polygon 2.0 has been a collaborative effort involving Polygon Labs, developers, researchers, applications, node operators, validators, and the broader Polygon and Ethereum communities.
More updates soon
As the rollout of this game-changing upgrade begins, the community can expect blog posts, community meets, AMAs, and more to learn about the incredible potential of Polygon 2.0.
With the introduction of Polygon 2.0, the future of the Internet is taking a giant leap forward.
This revolutionary upgrade promises to be a pivotal moment in the evolution of blockchain technology.