In a game-changing revelation, Sandeep Nailwal, co-founder of Polygon, has announced the launch of Polygon 2.0 architecture, set to transform the value layer of the internet with unlimited scalability and unified liquidity.
Notably, Sandeep Nailwal unveiled the innovative architecture of Polygon 2.0 in a detailed tweet, highlighting its potential to revolutionize the internet’s value layer. See the full tweet here:
Polygon 2.0 architecture is finally revealed.
— Sandeep Nailwal | sandeep. polygon 💜 (@sandeepnailwal) June 29, 2023
The architecture for the Value layer of Internet: Unlimited Scalability, Unified Liquidity.
Unlimited Scalability – Using ZK Powered L2 Chains
Unified Liquidity – Using novel Interop layer proposed in the architecture
Read the… pic.twitter.com/GOOLu7OAVK
The innovative architecture empowers limitless scalability through ZK Powered L2 chains, allowing for an environment that supports multiple chains, including public chains and app chains, also known as Supernets. With the novel architecture, Polygon aims to create a more scalable and efficient blockchain environment.
Unified liquidity has been achieved via a unique interop layer proposed in the new architecture. The interop layer is powered by a toolkit for implementing polynomial IOPs Plonky3’s, ultra-fast recursive proofs, which makes it feel like one single, composable chain. This innovation dramatically enhances transactional speed and smoothness.
Additionally, the architecture introduces a staking hub that allows users to stake once using the Polygon token and participate in various layers to earn fees. This process, called restaking, involves several layers, including the block production layer, proof aggregation layer, proof generation layer, and data availability clusters.
The upgrade also includes the transformation of the Supernet Stack into ZK Powered L2 Supernets. These Supernets would enhance the overall functionality and efficiency of the system, making it more user-friendly and robust.
Nailwal highlighted that this marks merely the initial phase of Polygon’s path towards evolving into the foundational value layer of the internet. He encouraged everyone to continue building upon this foundation, stating, “We are on Day 0 fam.”
The unveiling of Polygon 2.0 signifies a major advancement in blockchain technology. It illustrates the commitment of Polygon to pioneer and innovate in the field, thereby redefining the value layer of the internet. With its focus on scalability, liquidity, and user experience, Polygon 2.0 is poised to be a game-changer in blockchain technology.
