Polygon 2.0 introduces upgrades to tap into ‘Value Layer’ of internet
On June 12, Polygon Labs announced “Polygon 2.0,” a set of upgrades that seeks to establish the “Value Layer” of the internet, which the company says will allow users “to create, exchange, and program value.”
1/ Our vision for Polygon is simple: to build the Value Layer of the Internet.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
According to an announcement shared on Twitter, “Polygon 2.0 is a set of upgrades that radically reimagine almost every aspect of Polygon, from protocol architecture to tokenomics to governance. It is a roadmap for how Polygon will become the Value Layer, offering unlimited scalability and unified liquidity via ZK [zero-knowledge] tech.”
Polygon 2.0 is setting out to be a network of interconnected chains powered by ZK technology, a cryptographic technique that allows one party, called the prover, to prove the validity of a statement to another party, known as the verifier, without revealing any additional information beyond the statement's validity. According to Polygon Labs:
At its core, Polygon 2.0 will unify protocols, providing “seamless usage" across zk-Ethereum Virtual Machine tech, proof-of-stake, and supernets, making it “feel like you are using a single chain,” Polygon Labs president Ryan Wyatt shared on Twitter. Additionally, he mentioned “Token evolution” and “long-term decentralized governance” as some of the highlights of the technology.
What is Polygon 2.0?At its core:- Unifying the protocols: seamless usage across zkEVM, PoS, & Supernets; it will feel like you are using a single chain- Token evolution-
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