Polygon 2.0 Is Changing The Game With Unified Liquidity And ZK Technology

Key Points:

• Polygon 2.0 will democratize access to the global economy and enable decentralized finance, digital ownership, and new mechanisms for coordination.
• Polygon 2.0 will offer unlimited scalability and unified liquidity through ZK technology, using a network of ZK-powered L2 chains unified via a novel cross-chain coordination protocol.

Polygon Labs announced Polygon 2.0, which aims to build the Value Layer of the internet. It enables decentralized finance, digital ownership, and new mechanisms for coordination.

Polygon Labs has recently announced its vision to build the Value Layer of the internet through the proposed set of upgrades, Polygon 2.0. With the aim to democratize access to the global economy, Polygon 2.0 will enable decentralized finance, digital ownership, and new mechanisms for coordination. The upgrades are set to reimagine almost every aspect of Polygon, ranging from protocol architecture to tokenomics to governance.

The Polygon team plans to detail each component of Polygon 2.0 over the coming weeks through a series of informative blog posts, community meets, and AMAs with the founders and engineers. Polygon 2.0 will become the Value Layer of the internet, offering unlimited scalability and unified liquidity through ZK technology. The network will consist of ZK-powered L2 chains unified via a novel cross-chain coordination protocol, making the entire network feel like using a single chain. Furthermore, cross-chain interactions can happen safely and instantly without additional security or trust assumptions.

Polygon 2.0 aims to expand Ethereum to become what it was always intended to be, a Value Layer that looks and acts like the rest of the internet. This will be achieved by supporting a practically unlimited number of chains while maintaining unified liquidity. Individual blockchains are not infinitely scalable, and adding capacity by creating new chains fragments liquidity and reduces security and capital efficiency.

The team at Polygon Labs plans to delve into topics like the future of the Polygon PoS chain, the utility and evolution of the Polygon token, and the transition to greater community governance of the protocol and treasury over the coming weeks. This will provide the Polygon community with a clear roadmap for how Polygon will become the Value Layer of the internet.

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.

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