Polygon 2.0 architecture revealed, introduces unified liquidity & unlimited scalability

June 30, 2023 08:18 PM AEST | By Invezz

Polygon 2.0 architecture revealed, introduces unified liquidity & unlimited scalability — Image source: Invezz

Polygon 2.0 architecture finally unveiled

Polygon 2.0 architecture, which Sandeep describes as unified liquidity and unlimited scalability, represents a significant move for the cryptocurrency project. The co-founder highlighted the upgrade and its crucial features in the tweet.

The top feature includes using zero-knowledge (ZK) Layer2 chains, which introduce unlimited scalability. The L2 chains, comprising POS, zkEVM, and Supernets appchains, create a ZK-powered layer2 space.

More features

Also, Polygon 2.0 introduces a novel interop layer. Powered by ZK proofs, the interop layers form a composable and seamless chain experience for market players. Moreover, it launches unified liquidity in various blockchains and protocols.

Moreover, co-founder Nailwal revealed the Staking Hub, which allows users to stake MATIC tokens and contribute to different network layers to earn fees.

MATIC price

While SEC’s attack and the subsequent delists dented the altcoin’s sentiment, MATIC has stayed afloat, presenting impressive market performance. Besides architectural enhancements, the token recorded positive price actions over the past day,

MATIC surged more than 5.7% within the past day to $0.656. The 13th crypto asset by market cap has its daily trading volume above $280.7M. Polygon remains lucrative as far as the future is concerned.

“The real journey of Polygon to become the value layer of the internet starts today,” Sandeep stated.

The post Polygon 2.0 architecture revealed, introduces unified liquidity & unlimited scalability appeared first on Invezz.

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