Polygon Takes Wraps Off Version 2.0
Polygon (MATIC), the Ethereum scaling solution, is preparing to unveil the blueprint for its 2.0 version in the upcoming weeks. In a blog post on Monday, the protocol stated that it will cover various topics such as the future of the Polygon PoS chain, the evolution of the Polygon token, and the transition to increased community governance and protocol treasury management.
Polygon envisions its 2.0 version as “the value layer of the internet,” facilitating decentralized finance, digital ownership, enhanced coordination, and more. To achieve this, Polygon 2.0 will consist of a network of zero-knowledge (ZK) layer 2 chains that can seamlessly interact with one another. From the user’s perspective, the network will provide a unified blockchain experience.
Currently, the only Polygon chain incorporating ZK technology is the Polygon zkEVM Beta, which was made available to the public in March. ZK technology utilizes zero-knowledge proofs to scale blockchains and reduce transaction fees.
The Polygon PoS chain, which serves as the main chain for Polygon, is not currently ZK-compatible. However, Polygon has expressed interest in exploring the integration of ZK technology into its main chain, as stated in a previous interview with CoinDesk.
Polygon plans to release details on how it intends to address the Polygon PoS chain in the following week. Over the next four weeks, Polygon will also make a series of announcements concerning the blockchain’s architecture, token, and governance.
