Polygon 2.0 Launched: Seeks to Establish Value layer of the Internet
Summary: Polygon Labs announced the release of Polygon 2.0, a set of upgrades that seeks to establish the “Value Layer” of the internet. The procedure will allow for better administration of the protocol and treasury, which is a crucial step in democratizing the system.
On June 12, Polygon Labs announced “Polygon 2.0,” a set of upgrades that seeks to establish the “Value Layer” of the internet, which the company says will allow users “to create, exchange, and program value.”
The release of Polygon 2.0, a groundbreaking development by Polygon Labs, marks a watershed point in the evolution of blockchain technology. This project is far more than just an update; it will fundamentally alter the way the Polygon platform operates in every respect.
Internet’s Value Layer
Polygon’s mission is straightforward: to become the Internet’s value layer. Internet infrastructure has progressed to the point that anybody may develop, code, and trade anything of value online. This massive shift, however, is not only theoretical. In essence, Polygon 2.0 is a well-planned strategy to make this a reality.
Thus, all aspects of the protocol’s architecture, tokenomics, and governance, have been modernized. These alterations are the starting point for Polygon’s transition into the Value Layer, where Zero-Knowledge (ZK) technology will allow for infinite scalability and consolidated liquidity.
Detailed Explanation Coming Soon
However, Polygon’s endeavor will only be successful with the active participation of its user base. The Polygon Labs team will soon be releasing a detailed explanation of everything that makes up Polygon 2.0. They want to spread this knowledge via a series of blog posts, AMA (Ask Me Anything) sessions, and other channels.
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The community will get crucial insight into the development of the Polygon PoS chain, the progress of its native token, and the beginnings of a new era of superior community leadership. In addition, the procedure will allow for better administration of the protocol and treasury, which is a crucial step in democratizing the system.
A new era has begun with the release of Polygon 2.0. Polygon Labs encourages its user base to participate in this evolution by reading up on the topic and sharing their own insights and ideas.