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Polygon 2.0 to leverage Matic re-staking and new interoperabil | Crypto Futures Trading

Polygon 2.0 to leverage Matic re-staking and new interoperability layer

Polygon
Labs said it plans to unify new zero-knowledge chains using mechanisms such as re-staking and a common bridge in a move toward transitioning Polygon into a Layer 2 ecosystem. The design for Polygon 2.0 is intended to utilize a shared zero-knowledge infrastructure to power all networks within the ecosystem, pending approval by its governance body. This development comes on the heels of a recent community proposal to upgrade Polygon’s proof-of-stake network to a Layer 2 zkEVM Validium.

Polygon 2.0 aims to create an ecosystem where we can continuously add block space and unify them with a shared bridge and an interoperability layer,” Polygon co-founder Brendan Farmer said in an interview with The Block. “Unified liquidity is everything for Polygon in the coming year. The proposed Polygon 2.0 network will incorporate an Ethereum Virtual Machine client and a shared ZK proving implementation, referred to by the team as an “interoperability layer” or a “common bridge.” The interoperability layer will be powered by an in-house developed cryptographic algorithm, Plonky3, and the end result will be a single, high-performance proving system that will underpin the entire network.

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