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Polygon Official Announcements

Logo of telegram channel polygonannouncements — Polygon Official Announcements P
Logo of telegram channel polygonannouncements — Polygon Official Announcements
Channel address: @polygonannouncements
Categories: Cryptocurrencies
Language: English
Subscribers: 16.39K
Description from channel

Polygon - Ethereum's Internet of blockchains, offers a wide range of secure, fast, affordable and energy-efficient Ethereum scaling solutions for Web 3 developers.
Visit: https://polygon.technology/
Join our community:
🌏 Global TG: t.me/polygonofficial

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The latest Messages 13

2022-05-26 21:21:42 The role of blockchain in large-scale enterprises, the future of #Polygon, and many related questions were taken head-on by #MihailoBjelic.

RT: https://twitter.com/0xPolygon/status/1529890430535405569

Here’s the snippet of that interview with #CNBC at Davos 2022: https://cnb.cx/3wTzSw3
1.9K views18:21
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2022-05-26 20:46:03 #PolygonAvail helps #Ethereum scale. Avail lets settlement layers like Ethereum focus on doing what they do best - provide security.

Ethereum becomes the “value accrual” layer as each new execution environment rolls up to it. Ethereum can thus continue investing more in security.

RT: https://twitter.com/0xPolygon/status/1529881463268646913
1.7K views17:46
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2022-05-26 19:44:02 The first #PolygonPod episode is finally here!

Tune in, sit back and enjoy an in-depth discussion on the intersection between #blockchain and #greentech with Polygon’s very own #JaslynWang and #PavelAlpeyev.

Read more:



RT: https://twitter.com/0xPolygon/status/1529865816006889474
1.7K views16:44
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2022-05-26 18:31:29 #Polygon has teamed up with Partisia Blockchain.

#PartisiaBlockchain augments the Polygon ecosystem with advanced data-privacy features by enabling decentralized, multi-party, zero-knowledge computation capabilities.

RT: https://twitter.com/0xPolygon/status/1529847619467776000

Find out more: https://bit.ly/PolygonPartisia
1.6K views15:31
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2022-05-26 17:31:18 Learn how to quickly install and set up the most popular wallet #MetaMask and effortlessly connect it to the #Polygon network.

RT: https://twitter.com/0xPolygon/status/1529832217488535552

What's more? You can also add Polygon tokens to your wallet
https://bit.ly/Polygon-Metamask-TE
1.8K views14:31
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2022-05-25 20:16:40 Web3 can be a bit difficult to understand.

Before #PolygonAvail launches soon, we wanted to share an analogy to help you with an often misunderstood web3 primitive: rollups, and their evolved form, validiums.

Start your engines!

RT: https://twitter.com/0xPolygon/status/1529510847264849922

Modular blockchains work a bit like cargo trucks picking up freight, and traveling up a steep hill.

Drivers have to inspect every transaction before they're loaded.
Once loaded, those drivers have to take every transaction to the blockchain.

But the more transactions are in the truck, the heavier they are.
But the heavier they are, the more gas they need. And gas is expensive!

The same drivers taking the txs up the hill are the ones that have to check and that slows down the whole network.

Instead...

Imagine there were dedicated people that could check each tx before drivers even showed up.

And instead of having to carry all the txs up the hill, drivers could store them downhill and just carry a log of exactly where they live.

This is the world Avail creates.

In a modular world, transactions are taken to execution environments to be checked before Ethereum drivers even arrive.

This is what is meant by "off-chain execution".

In return, these execution environments sign off on that batch of txs. These are "proofs of execution".

Congratulations, we've just built a rollup!

This alone speeds up blockchains like Ethereum substantially. Drivers don't have to wait or use up Ethereum resources checking txs before picking them up.

But…

They still need to be carried uphill. And as we know, that's expensive.

Instead, drivers can park transactions downhill, using a service like Avail. This is what we mean by, "off-chain data availability".

In return, Avail gives drivers a log anyone can use to find txs if they want to find them. This is a "proof of availability".

With transactions already checked, and no need to take txs to the main chain, drivers only have to carry two things:

1) A proof of execution: to prove txs have been checked
2) A proof of availability: so anyone can find txs off the main chain

Congratulations, we've just built a validium!

The best part is that these two proofs cost substantially less gas to carry to the main chain than all individual transactions would.

And because drivers don't have to execute anything ahead of time... no more traffic jams!

To summarize...

Rollup: Execution off-chain, data availability on-chain.
Validium: Execution off-chain, data availability off-chain.

That's it. Things can get more complex from here if you want, but we hope that's a solid intro to the space.

#PolygonAvail enables many more things than just Validiums (We didn't even get into the Data Availability Problem).

But we'll save that for future posts.

If you’re interested in turning your rollup into a Validium, you can learn more here: https://blog.polygon.technology/category/polygon-solutions/polygon-avail/
1.3K viewsedited  17:16
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2022-05-25 18:51:55 The #Web3 mass adoption we all want hinges on minimizing blockchain’s environmental impact. Projects and businesses need logical reasons in order to follow in #Polygon’s footsteps and go green for the sake of the planet.

RT: https://twitter.com/0xPolygon/status/1529490308848701441

Find out how
https://bit.ly/PolygonGoesGreen-TE
1.5K views15:51
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2022-05-23 19:41:31 #PenroseDeFi is now #onPolygon!

Using Polygon, Penrose DeFi will make the DystopiaWars accessible to ordinary investors.

RT: https://twitter.com/0xPolygon/status/1528778085935370247

Read more: https://bit.ly/Penrose-on-Polygon
2.3K views16:41
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2022-05-23 18:30:52 It’s #BUIDL time again!

Introducing #WAGMIonPolygon: a new developer-focused series with educational content and expert opinions is launching on #Polygon’s YouTube channel.

Despite the market downturn, things are fundamentally looking better than ever.

RT: https://twitter.com/0xPolygon/status/1528758352708128770

Read more: https://bit.ly/WAGMIonPolygon-TE
2.2K views15:30
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2022-05-23 15:40:10 Team #Polygon is in Davos!

Catch up with the core crew to talk about enterprise blockchain and other web3 innovations.

Wed, May 25.
11:00 AM – 9:30 PM CEST.

RT: https://twitter.com/0xPolygon/status/1528716172220198912

See you there: https://bit.ly/PolygonAtDavos
2.2K views12:40
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