Polygon Unveils Plans for Upgrade

Polygon Unveils Plans for Upgrade

Polygon aims to revolutionize the Internet with a proposed Value Layer, enabling seamless creation, exchange, and programming of value, according to the team's recent announcement.

The Deets

  • Polygon 2.0: A blueprint for building the Internet's Value Layer
  • Proposed Upgrades: Changes include protocol architecture, tokenomics, and governance
  • Value Layer Concept: Inspired by Ethereum's democratization of value creation and exchange
  • Unification and Scalability: Polygon 2.0 seeks to create a unified, infinitely scalable network using ZK-powered L2 chains

The Bulk

Polygon's ambitious plan to construct the Value Layer of the Internet has taken a significant step forward with the proposed upgrades of Polygon 2.0. This initiative, introduced by the team, reimagines nearly every aspect of the current Polygon protocol, including its architecture, tokenomics, and governance model.

The concept of a Value Layer will allow users to create, exchange, and program value without intermediaries. However, individual blockchains, including Ethereum, face limitations in scalability and lack unification. Polygon 2.0 aims to overcome these challenges by implementing a network of ZK-powered L2 chains, connected via a unique cross-chain coordination protocol.

Over the coming weeks, the team will share detailed insights into the various components of Polygon 2.0, revealing the roadmap to turn Polygon into the Value Layer of the Internet.

🔜 What's Next?

The rollout of Polygon 2.0 will be disclosed over the coming weeks through blog posts, community meets, and AMAs. The Polygon team encourages community involvement in understanding and discussing the proposed upgrades.

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Polygon 2.0 is our blueprint for building the Value Layer. It is a set of proposed upgrades that radically reimagine almost every aspect of Polygon, from protocol architecture to tokenomics to governance.Polygon

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