2021-02-09 21:31:24
Dear Matic Network supporters and beloved crypto community,
Today is a big day for our project!
We are excited to announce that we are expanding our mission and technology scope and becoming
Polygon - Ethereum’s Internet of Blockchains. Polygon is a powerful, easy-to-use framework that extends the scope of the Matic platform and transforms it into a swiss-army-knife for Ethereum scaling and infrastructure development.
In addition to the currently implemented Matic PoS Chain and Plasma Chains, Polygon will offer:
- Other major scaling solutions such as
zkRollups, Optimistic Rollups, Validium etc.
- Inter-chain communication protocols
- Bleeding-edge
data availability solutions
- And more..
With Polygon, Ethereum becomes a full-fledged multi-chain system (aka Internet of Blockchains); akin to Polkadot, Cosmos, Avalanche etc, but with some major upsides:- Ability to inherit Ethereum's network effect
- Inherently higher security
- Openness and higher flexibility
This all being said, it is important to note that all the existing Matic solutions, primarily Matic PoS Chain and Matic Plasma Chains,
REMAIN FULLY FUNCTIONAL and will continue to be developed and grown as very important components of the Polygon ecosystem. Another important thing to stress is that the
$MATIC token will remain the native asset for the network and will play an increasingly important role, primarily in securing the system and enabling governance.
The founders and the Matic Network team will all continue to work in an unchanged way.
However, we are aware that in order to achieve Polygon's ambitious vision, we will need an even stronger team. We will be introducing a number of great additions to it soon, so stay tuned!
Finally, we are proud to share that some of the most prominent Ethereum community members recognized the potential of Polygon and joined us as advisors:
- Hudson Jameson, Ethereum Foundation
- Ryan Sean Adams, Founder Bankless
- Anthony Sassano, Ethereum
- John Lilic (ex Consensys)
We will be sharing more detailsl on the project and the team soon, so stay tuned!
In the meantime, visit polygon.technology or read the announcement post below.
We invite you to join us on this exciting journey. Let’s bring the world to Ethereum!
https://polygontech.medium.com/matic-network-becomes-polygon-ethereums-internet-of-blockchains-expands-mission-and-tech-scope-364932c02cd0
Retweet: https://twitter.com/maticnetwork/status/1359206750239551492?s=20
7.4K viewsArun Philips, edited 18:31
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