• Polygon Labs recommended upgrading their PoS sidechain to zkEVM Validium.
• This proposal is a vital step in the direction of Polygon 2.0, the longer term imaginative and prescient of the ecosystem.
• If authorised, the community improve will likely be applied by the primary quarter of 2024.

Polygon Labs, a inventive providers and software program options firm, just lately upgraded Polygon’s Proof-of-Stake (PoS) sidechain to zkEVM, “the first-of-its-kind decentralized L2 secured by zero-knowledge (ZK) proofs.” I recommended upgrading to Validium. In keeping with a proposal revealed by the platform’s engineering workforce, the improve, if authorised, could possibly be applied by the primary quarter of 2024, a major step in the direction of his imaginative and prescient of Polygon 2.0, the longer term model of Polygon. .

Final week, Polygon Labs introduced Polygon 2.0 with the purpose of “constructing worth layers for the Web.” The worth layer is the underlying protocol that permits people to create, alternate and program worth. His imaginative and prescient for Polygon 2.0 included leveraging his ZK scaling know-how, however for now his PoS is protected by its personal validator. The trouble in the direction of Polygon 2.0 did not eradicate PoS, so the platform determined to improve its community.

Cryptocurrency investor and content material creator Hitesh Malviya shared an replace on the Polygon PoS community improve on Twitter.

The proposal states that after the improve, present PoS validators can have two major obligations: “guaranteeing knowledge availability and sequencing transactions.” The post-upgrade Polygon PoS marks “the primary validation with assured distributed and safe knowledge availability” and “the primary L2 with a distributed sequencer set”. Transaction charges are assured to movement via MATIC staked validators.

Polygon vouches for zkEVM Validium’s low value, excessive safety and scalability.

You may consider legitimate because the low-cost, high-throughput sibling of rollup. Rollups like Polygon zkEVM leverage Ethereum to show transaction knowledge and confirm proofs, absolutely inheriting its unmatched safety and decentralization.

Polygon Labs defined that two completely different public networks within the Polygon ecosystem co-exist and complement one another, each providing excessive scalability and low charges in a extremely safe community.