- Polygon Labs provided to improve the PoS facet chain to zkEVM Validium.
- The proposal is a key step in direction of the ecosystem’s future imaginative and prescient, Polygon 2.0.
- If permitted, the community improve can be executed by the primary quarter of 2024.
Polygon Labs, the inventive providers and software program options firm, lately proposed upgrading Polygon’s Proof-of-Stake (PoS) sidechain to zkEVM Validium, “a first-of-its-kind, evidence-secured decentralized L2 zero-knowledge (ZK).” In keeping with the proposal launched by the platform’s engineering group, the improve, if permitted, can be executed by Q1 2024, an necessary step in direction of Polygon’s future launch imaginative and prescient, Polygon 2.0. .
Final week, Polygon Labs launched Polygon 2.0, with the aim of “constructing the worth layer of the web.” A worth layer is a primary protocol that permits individuals to create, trade and program worth. The Polygon 2.0 imaginative and prescient included the leverage of ZK scaling know-how, however PoS is at the moment secured by its personal validators. As the journey in direction of Polygon 2.0 couldn’t rule out PoS, the platform determined to improve the community.
Hitesh Malviya, a crypto investor and content material creator, took to Twitter to share updates on the Polygon PoS community improve:
The proposal acknowledged that present PoS validators would tackle two main duties after the improve: “guarantee knowledge availability and sequence transactions.” Following the improve, Polygon PoS would mark “the primary validum with decentralized and safe knowledge availability ensures” in addition to “the primary L2 with a decentralized sequencer set”. Transaction charges are assured to go by way of validators staked by MATIC.
Guaranteeing low charges, excessive safety and scalability of the zkEVM Validium, Polygon mentioned,
You may consider a sound because the lower-cost, high-throughput sibling of a rollup. Rollups, like Polygon zkEVM, leverage Ethereum to publish transaction knowledge and confirm proof, totally inheriting its unparalleled safety and decentralization.
Polygon Labs defined that the 2 completely different public networks within the Polygon ecosystem ought to co-exist and complement one another, each providing excessive scalability and low charges on a extremely safe community.