- The developers have released details about an upcoming major update to the project
- It will be based on the idea of a single liquidity
- Polygon 2.0 team calls it the “foundation layer” of the internet
- The update will also bring re-stacking, copying networks and proof of ZK
The Polygon team presented a concept in mid-June to further develop the ecosystem.. It is designed to form a so-called “value layer” (value layer). In a new press release, the administration explained this approach in more detail.
It was cited by CoinDesk with reference to Polygon. According to the published material, the 2.0 version of the network is built around the idea of pooling liquidity.
“This (liquidity) is the foundation of everything in Polygon 2.0.. Cross-network transactions will be validated with zero-disclosure proofs hosted by Ethereum. But we strive to make integration seamless. You can’t make users wait for proof generation or costing to happen,” says co-founder Brendan Farmer.
The key things developers have focused on are:
- re-stacking. Users will be able to place tokens across multiple networks;
- integrating new decentralized “on-demand” protocols. A similar system works, for example, in Arbitrum;
- common bridge with ZK proofs. This requires the formation of a level of coordination.
The proposed solution would, in theory, eliminate the need to “wrap” tokens. But there are some difficulties with this.
We also note that in the coming weeks, the project team will publish news about the MATIC token. As a reminder, the Polygon 2.0 concept will change not only the internal economy, but also the entire architecture and governance.