Polygon Co-Founder Steps Aside, Remains Committed 'From The Sidelines'
Polygon's journey continued as co-founder Jaynti Kanani stepped down, paving the way for Polygon 2.0 and the future of Web 3.
The blockchain initiative, originally named as theMatic network in 2017, originated from brilliant minds, including Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic. Nailwal's heartfelt response to Kanani's decision underscores the depth of their shared journey.
In addition, although Polygon's website has ten co-founders, many continue to spearhead various projects centered on the platform. Arjun's recent exit, for example, led to the birth of Avail, an innovative blockchain data availability protocol.
Pushing the boundaries with Polygon 2.0
Since June, Polygon Labs has been accepting proposals, setting the stage for "Polygon 2.0". This revamped ecosystem will incorporate zero-knowledge proofs and feature four main protocol layers emphasizing staking, interop, execution, and proof.
Additionally, Polygon's $ 1 billion investment in zero-knowledge technology demonstrates its unwavering commitment to improving Ethereum's Layer-2 solutions. Sandeep Nailwal, speaking at the Token2049 conference, outlined "Polygon 2.0" and the transformative potential of recursive ZK-resistant technology in shaping a fluid and interoperable blockchain world.
Web2 Vs Web3
Nailwal, drawing parallels between Web2 and Web3, highlights the potential of the latter as an " internet of value."He highlighted the need for interoperable layers to achieve seamless value integration, driving comprehensive incorporation of ZK-proof across multiple chains.
This strategy, in his opinion, will redefine the dynamics of cross-chain transactions, combining them into a unified blockroom experience. With advocates like Kanani transitioning, Polygon's commitment to innovation remains unaffected. The trajectory of the platform appears luminous, reflecting its intention to improve the Ethereum ecosystem and encourage a harmonious blockchain universe.
