Polygon Labs recently unveiled Polygon 2.0, an initiative focused on constructing the Value Layer of the internet. This groundbreaking development facilitates decentralized finance, digital ownership, and novel coordination mechanisms.
What is Polygon 2.0?
In an effort to make the global economy more inclusive, Polygon 2.0 will facilitate decentralized finance, digital ownership, and innovative coordination mechanisms. The forthcoming upgrades will revolutionize various aspects of Polygon, including protocol architecture, tokenomics, and governance, offering a comprehensive reimagination of the platform.
Over the next few weeks, the Polygon team intends to provide comprehensive information about each element of Polygon 2.0 through a range of informative blog posts, community meetings, and Ask Me Anything (AMA) sessions featuring the founders and engineers.
Polygon 2.0 is poised to become the Value Layer of the internet, presenting limitless scalability and seamless liquidity via ZK technology. The network will comprise of ZK-powered Layer 2 chains connected through an innovative cross-chain coordination protocol, resulting in a cohesive user experience akin to interacting with a single chain. Moreover, cross-chain transactions can occur securely and instantly without the need for additional security or trust assumptions.
Value Layer Of The Internet
Polygon 2.0 strives to fulfill the original vision of Ethereum by transforming it into a comprehensive Value Layer that seamlessly integrates with the broader internet ecosystem. This objective will be accomplished by enabling support for an extensive array of chains, thereby ensuring unified liquidity.
Recognizing that individual blockchains have inherent scalability limitations, Polygon aims to overcome this challenge by facilitating the creation of numerous chains while maintaining optimal security and capital efficiency. The goal is to prevent the fragmentation of liquidity that occurs when adding capacity through new chains.
