Polygon Labs Releases The Proposed Architecture For Polygon 2.0

Coin Edition
Coin Edition

30 Jun 2023 8:43 AM

Yesterday, the engineering team form Polygon Labs released a ‘proposed architecture for Polygon 2.0. Read more on CE....

  • Polygon Labs released a proposed architecture for Polygon 2.0, aimed at providing unlimited scalability and unified liquidity.
  • Polygon 2.0 consists of four layers: Staking, Interop, Execution, and Proving.
  • The Staking Layer utilizes a Proof-of-Stake consensus mechanism and offers rewards in MATIC tokens.
  • The Interop Layer enables secure cross-chain messaging and supports near-instant and atomic cross-chain transactions.
  • The Execution Layer includes components such as P2P communication, consensus mechanisms, and transaction management.
  • The Proving Layer generates proofs for all transactions using a Zero-Knowledge proving protocol.
  • The architecture aims to enhance interoperability, scalability, and overall performance.

The article presents the proposed architecture for Polygon 2.0 in a positive light, highlighting its potential to enhance scalability, interoperability, and overall performance. The rise in the price of MATIC after the release of the plans further indicates a positive sentiment.

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You May Ask

What are the four layers of Polygon 2.0?How does the Staking Layer provide decentralization to participating Polygon chains?What is the purpose of the Interop Layer in Polygon 2.0?How does the Proving Layer ensure the security of cross-chain interactions?What are the benefits of the proposed architecture for Polygon 2.0?

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