Polygon 2.0 Aims to Provide 'Unified Liquidity' Across Ethereum Scaling Networks - Decrypt

Decrypt
Decrypt

29 Jun 2023 4:19 PM

Polygon 2.0 will unify liquidity, eliminate the need for wrapped tokens, and integrate zero-knowledge proofs, said its co-founders....

  • Polygon Labs is planning to reinvent its architecture to become the "value layer of the Internet."
  • Polygon 2.0 will have a different architecture that makes it easier to create new chains in the Polygon ecosystem.
  • It will feature a shared bridge to improve interoperability between chains and eliminate the need for wrapped tokens.
  • The upgrade will integrate zero-knowledge proofs to improve privacy and lower costs for users.
  • The goal is to contribute to a digital economy that serves everyone.

The article highlights the positive developments and upgrades that Polygon Labs is implementing to enhance its architecture and improve user experience. The sentiment is generally optimistic and forward-looking.

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You May Ask

What is the main goal of Polygon Labs' architecture reinvention?How will Polygon 2.0 make it easier to create new chains in the Polygon ecosystem?What is the purpose of the shared bridge in Polygon 2.0?How will zero-knowledge proofs be integrated into the system, and what benefits will they provide?What is the vision behind Polygon 2.0 and its contribution to the digital economy?

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