Polygon Unveils Ambitious Plan for Polygon 2.0: A Vision for the Value Layer of the Internet

Polygon Unveils Ambitious Plan for Polygon 2.0: A Vision for the Value Layer of the Internet

Polygon, a prominent blockchain platform, has recently announced its ambitious plans for Polygon 2.0, positioning it as the transformative Value Layer of the Internet. With a vision to empower users to create, exchange, and program value, Polygon aims to democratize access to the global economy through its proposed upgrades.

1/ Our vision for Polygon is simple: to build the Value Layer of the Internet.

The Internet allows anyone to create and exchange information. The Value Layer allows anyone to create, exchange, and program value.

Enter Polygon 2.0: a blueprint to build the ultimate Value Layer. pic.twitter.com/9eYSr3H1L5

— Polygon (Labs) (@0xPolygonLabs) June 12, 2023

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Recognizing the challenges of scalability and fragmentation faced by individual blockchains, Polygon 2.0 proposes a revolutionary approach. It will introduce a network of ZK-powered Layer 2 chains, interconnected through an innovative cross-chain coordination protocol. This cohesive network promises unlimited scalability and unified liquidity, revolutionizing the way users engage with blockchain technology.

The development of Polygon 2.0 has been a collaborative effort, involving Polygon Labs, developers, researchers, and the vibrant Polygon and Ethereum communities. In-depth discussions and insights into the components of Polygon 2.0 are anticipated to provide further clarity and understanding.

With Polygon’s formal governance process, the community plays a vital role in shaping the future of the protocol. Builders and creators within the Polygon ecosystem have the power to influence the acceptance and implementation of Polygon 2.0, paving the way for exciting possibilities for the platform and its users.

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Polygon’s vision for Polygon 2.0 signifies a significant step towards realizing the potential of decentralized finance, digital ownership, and innovative coordination mechanisms. As the project progresses, the blockchain community eagerly awaits the transformative impact of Polygon 2.0 on the Value Layer of the Internet.

Compiled by Coinbold