Polygon Deploys Avail Solution To Support Sidechain Construction
Avail will allow project developers on Polygon to build their blockchain to serve their applications.
On June 29, Polygon (MATIC) announced the launch of Avail, a blockchain scaling solution that allows developers to build their blockchain to serve their projects.
Avail’s head of development, Anurag Arjun, announced that the new solution would help programmers access Polygon data in an off-chain way, i.e., there is no need to constantly update data from Polygon’s leading blockchain network to be able to operate the application.
Having a stand-alone blockchain on the Polygon platform will give developers the freedom to upgrade, fork, and change their subnet operating parameters without worrying about affecting the mainnet while maintaining the high security inherited from Polygon.
In addition, Mr. Anurag Arjun also affirmed that Avail would solve the inadequacy named Data Availability, which is a problem that many scaling solutions are encountered related to the transmission and authentication of data from layer-2 (sidechain, roll-ups) back to layer-1 (original blockchain) for storage. Specifically, Avail will store data for all the blockchain you build on this, helping them “hands-free” to take care of the work they are designed to do.
Avail can be deployed on any Ethereum Virtual Machine (EVM) -compatible blockchain, opening up new development opportunities.
Avail will be a powerful tool for Polygon to implement the Supernet initiative, inviting projects to build sidechains, funded by a $100 million development fund. This model is similar to Polkadot’s parachain, Polkadot’s subnet, and the most recent sidechain of the BNB Chain, all created to increase the size of each blockchain network.
Polygon is a project that invests a lot of effort in developing scaling solutions. In 2021, the project spent $250 million and $400 million to acquire two Layer-2 solutions under the ZK-Rollups mechanism Hermez Network and Mir Protocol, respectively, and launched Plonky2 data validation technology, which was declared the fastest in the world at 0.17s. Polygon also promotes environmental protection by confirming that it will achieve carbon neutralization in 2022.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
KAI
CoinCu News
Author
News
Polygon Deploys Avail Solution To Support Sidechain Construction
Avail will allow project developers on Polygon to build their blockchain to serve their applications.
On June 29, Polygon (MATIC) announced the launch of Avail, a blockchain scaling solution that allows developers to build their blockchain to serve their projects.
Avail’s head of development, Anurag Arjun, announced that the new solution would help programmers access Polygon data in an off-chain way, i.e., there is no need to constantly update data from Polygon’s leading blockchain network to be able to operate the application.
Having a stand-alone blockchain on the Polygon platform will give developers the freedom to upgrade, fork, and change their subnet operating parameters without worrying about affecting the mainnet while maintaining the high security inherited from Polygon.
In addition, Mr. Anurag Arjun also affirmed that Avail would solve the inadequacy named Data Availability, which is a problem that many scaling solutions are encountered related to the transmission and authentication of data from layer-2 (sidechain, roll-ups) back to layer-1 (original blockchain) for storage. Specifically, Avail will store data for all the blockchain you build on this, helping them “hands-free” to take care of the work they are designed to do.
Avail can be deployed on any Ethereum Virtual Machine (EVM) -compatible blockchain, opening up new development opportunities.
Avail will be a powerful tool for Polygon to implement the Supernet initiative, inviting projects to build sidechains, funded by a $100 million development fund. This model is similar to Polkadot’s parachain, Polkadot’s subnet, and the most recent sidechain of the BNB Chain, all created to increase the size of each blockchain network.
Polygon is a project that invests a lot of effort in developing scaling solutions. In 2021, the project spent $250 million and $400 million to acquire two Layer-2 solutions under the ZK-Rollups mechanism Hermez Network and Mir Protocol, respectively, and launched Plonky2 data validation technology, which was declared the fastest in the world at 0.17s. Polygon also promotes environmental protection by confirming that it will achieve carbon neutralization in 2022.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
KAI
CoinCu News
Other Posts
Related Posts
Latest
Best Cryptos with 1000X Potential: Qubetics Revolutionises Blockchain as Polkadot and Cosmos Shape the Future
Best Coins to Buy in December 2024: Qubetics Offer 630% ROI, Polkadot Delivers on Interoperability and Near Protocol’s Scalability is Talk of the Town
Press Release
Best Cryptos with 1000X Potential: Qubetics Revolutionises Blockchain as Polkadot and Cosmos Shape the Future
Best Coins to Buy in December 2024: Qubetics Offer 630% ROI, Polkadot Delivers on Interoperability and Near Protocol’s Scalability is Talk of the Town
