Polygon Labs has announced the upcoming release of Polygon 2.0, which they describe as a blueprint for constructing the “value layer of the internet.”
They claim that Polygon 2.0 will provide limitless scalability and unified liquidity to the Ethereum ecosystem, allowing anyone to produce, exchange, and program value.
Polygon launching Polygon 2.0
Polygon, a layer-2 scaling solution for Ethereum, has revealed details about the arrival of Polygon 2.0. The development team states that this upgrade will transform every aspect of the network, including its tokenomics.
In a blog post, the developers explain that Polygon 2.0 consists of a network of layer-2 blockchains built on ZK technology. These blockchains are interconnected through an advanced cross-chain coordination mechanism.
Polygon 2.0 brings limitless scalability and liquidity to Ethereum by enabling unlimited chains and secure cross-chain connections.
Therefore, it envisions the value layer of the internet, resembling the rest of the online world. It supports the growth of Ethereum to fulfill its original purpose.
It’s worth noting that the development of Polygon 2.0 results from over a year of strategic collaboration. The collaboration involved Polygon Labs, developers, researchers, and other stakeholders in the web3 field.
However the Polygon team also plans to share information about the architecture and stack, tokenomics, governance, and more through blog articles, community gatherings, AMAs, and other channels.
