π The Etrog upgrade for Polygon zkEVM is coming to mainnet
Once the upgrade goes live, Polygon zkEVM will likely be the first ZK rollup to reach this milestone β a engineering feat achieved in less than one year. The network will evolve into a Type 2 ZK-EVM, i.e., an EVM-equivalent ZK rollup!
βοΈ What is this important for the blockchain?
- A Type 2 ZK-EVM offers the optimal balance between making it easy for devs to deploy, while still being fast and cheap
β‘ What does this mean for devs?
- Polygon zkEVM has, in effect, met Vitalik's criteria for a Type 2. So you can deploy your code on Polygon zkEVM exactly as it is on Ethereum β just copy-paste and go, no additional auditing or modifications necessary
π₯οΈ What's the impact from an end user's perspective?
- You donβt need to take any action to continue using Polygon zkEVM
- Itβs expected that network efficiency β and overall throughput β will improve making the Polygon zkEVM experience feel smoother
Solving the Monolithic vs. Modular dilemma with a new blockchain design: Aggregation
What is the AggLayer?
The AggLayer will use ZK proofs to create a seamless, aggregated environment that feels like a single chain β even as each chain in the ecosystem remains sovereign...
π No more cumbersome and frequent bridging!
β‘ Enables near-instant, atomic transactions, unifies liquidity across the ecosystem, creates capital efficiency, and dramatically improves UX
π§ For L1s and L2s connected to AggLayer, maintain full sovereignty but also get to tap into a huge pool of unified liquidity, making it easy to bootstrap liquidity
π For users, it will feel like using a single chain
πͺ In the end state of AggLayer, end users will be able to execute cross-chain atomic transactions in < 1 second
More info about the AggLayer in the BlogPost
From here on out, join our weekly Twitter Spaces with builders!
π Our topic this week is about Decentralized Physical Infrastructure Networks, also known as DePIN
π£ It starts now on X!
https://twitter.com/i/spaces/1YpKkwDzXRmKj
Call for Testimonials!
π± We want to hear your stories! Submit a one-minute video describing which blockchain apps have changed your life, and how πΆ
The Value Prop (TVP) now catalogs 500+ applications across 40+ use cases and 12 networks
π From any Blockchain or dApp
πΈ Share your experience and get a chance to be featured on The Value Prop
π BlogPost
π£ Polygon Labs joins the Tokenized Asset Coalition (TAC). The TAC welcomed 16 new members into its ranks from more than 300 applicants.
ποΈ The Tokenized Asset Coalition champions the adoption of public blockchains, asset tokenization and institutional DeFi to dramatically alter the way capital is formed, invested and managed onchain, paving the way for a more open, fair and transparent system.
βοΈ As a new member of the TAC, Polygon Labs will focus on building the most secure, institutional-grade scaling solutions based on zero knowledge technology as a key contributor toward the eventual goal of making the global financial industry run on blockchain rails.
π BlogPost
𧱠Build whatever, with Polygon CDK
Celestia's modular data availability (DA) solution will integrate with Polygon CDK, lowering the barrier for launching high-throughput Layer 2 chains on Ethereum.
ZK+ modular DA, a broadband moment for web3
The integration will enable fully onchain applications and can dramatically reduce Ethereum L2 transaction fees by ~100x. Celestia's DA solution will be available to devs launching ZK L2s with Polygon CDK as an easily-pluggable component, early next year!
π£οΈοΈοΈοΈοΈοΈ Polygon Portal is a one-stop destination for onboarding into the Polygon ecosystem with native apps easily accessible!
π Manage your assets, token lists and swap easily with third-party DEX
β½ Purchase MATIC or ETH for gas on the destination chain
π οΈ Developer tools to help you build your dream dApp
π₯ Staking for Validators and Delegators
π Bridge your assets via Socket bridge and a range of third-party bridges
π Blogpost
π¨ Flipkart, one of India's leading digital commerce entities, launched during EthIndia a dedicated chain built with Polygon Chain Development Kit (CDK) to scale its loyalty program!
π FireDrops 2.0 aims to transform user engagement with brands by offering millions of Flipkart users with rewarding experiences, incentivizing brand loyalty through gamification.
π₯ FireDrops envisions a future where a loyalty layer allows users who have a track record with a brand to unlock larger rewards, get early access to discount pricing for products in high demand and allow for more interesting and creative ways for users to earn rewards from their favorite brands
πBlogpost
OKX, a leading crypto exchange and Web3 ecosystem, is launching a zero knowledge L2 network built with Polygon CDK (Polygon Chain Development Kit), the open-source toolkit that makes it easy to build sovereign Ethereum L2s
Introducing X1
X1 will be a secure, highly performant platform for building dApps.
Connect to the testnet for X1 today!
π Secure and seemless
π Harmonized Liquidity
πͺ OKX as a Core Contributor to Polygon CDK
π Learn more in our Blog Post
π£ Polygon Labs is in Turkey πΉπ· to get together with builders, researchers, founders, and community members!
Weβre out in full force to mentor at hackathons, discuss the Polygon 2.0 rollout, share the future of Polygon Miden, and help educate devs on Polygon CDK. Sandeep Nailwal, Jordi Baylina, Bobbin Threadbare, Hudson Jameson, and more will be in attendance speaking.
Nov 10-12 | ZK Hack Istanbul
Nov 13 - 14 | TrustX 2023
Nov 14 | The Responsible Revolution w/ Polygon Labs, Impact Plus & Gitcoin
Nov 15 | ETH Infra Day
Nov 15 | Infra Gardens Istanbul w/ Polygon Labs, Phala Network, DIA & idOS
Nov 16 | ETHGlobal Pragma Istanbul
Nov 16 | Polygon Labs & OKX Developer Mixer
Nov 16 - 17 | 0xPARC & Privacy Scalingβs Progcrypto
Nov 17 - 19 | ETHGlobal Istanbul
β¬οΈ More info β¬οΈ
https://events.polygon.technology/devconnect
π± It takes a village to build a unicorn
π We are excited to announce that Polygon Village is back, and here to help founders and startups building in web3! π£
Whatβs good in the Village?
πͺ Village Grants - a newly-created grant program of more than 110 million MATIC to help founders successfully grow in the Polygon ecosystem
π‘ Village Build Ideas - a catalog of use cases, waiting to be born, with milestone-based grants, 1:1 mentoring and support
π€ Village Startup Support - a tailored support program offering immersive guidance, 1:1 mentorship, access to an elite network & vouchers from Solution Providers
So, whether you're a founder, an entrepreneur, or simply a developer experimenting with web3, this is the place for you.
We've got your back, and we're here to help you thrive.
Go to the Polygon Discord server, pick your Village role and involve yourself
π Join the Village now
You can find POL on Ethereum at 0x455e53cbb86018ac2b8092fdcd39d8444affc3f6
π We reach a new milestone today for Polygon 2.0!
π£ POL Contracts are Live on Ethereum Mainnet!
POL, the technical upgrade to MATIC, is hyperproductive, powering anecosystem of zk-based L2 chains via a native re-staking protocol.
POL holders will be able to validate multiple chains and perform multiple roles on each of those chains (sequencing, zk proof generation, participation in data availability committees etc.)
Links:
π Blog Post with more info
πΊοΈ Roadmap
π¬ PIP-18 Polygon Improvement Proposal on the Community Forum
FAQ:
1) Is there anything I need to do today as a Polygon PoS, Polygon zkEVM user or MATIC holder?
Nothing.
This upgrade does not change active systems on either the Polygon PoS or Polygon zkEVM networks at this time. All existing contracts will function as previously designed.
If you would like to join the governance process and give your input, you can join the discussion on the forum.
2) Is there anything I need to do today as a node operator or staker?
Nothing.
You can provide feedback on the proposed changes in the PIPs and monitor Github and the forum for new node software versions to remain compatible with your given chain when PIPs are approved by the community.
3) Is there anything I need to do today as an application or tooling developer?
Nothing.
Please engage with POL integrations on the testnet, review the PIPs, provide feedback on the proposed changes and analyze if any changes break your smart contracts. Developers for applications on the Polygon PoS should not see any breaking changes.
π What is the future of tokenization in our society?
βοΈ Will physical goods systematically have their on-chain equivalent by 2030? #phygital
In the meantime, Polygon technology offers to us, users and projects:
πΈ Reduced intermediary costs
π New channels of distribution
π Democratisation of investment (wider asset exposure to bigger pools of investors)
π Better capital efficiency
π 24/7 access to liquidity
https://polygon.technology/blog/from-digital-bonds-to-pokemon-cards-tokenization-hype-is-real-and-its-happening-on-polygon
Together, we can build an equitable future for all through the mass adoption of Web3.
π£ Three weeks ago, a Polygon Improvement Proposal (PIP) detailing the specifications for POL, the upgraded token of the Polygon 2.0 architecture, was released. Today, POL contracts have been deployed on Goerli testnet! π
π€ The deployment of POL contracts to the testnet is the result of community consensus!
POL is the next-generation to MATIC, upgrading to accommodate an ecosystem of zk-based L2 chains by enabling:
- Staking
- Community ownership
- Governance
β»οΈ Also, 2 additional proposals about the burn system are live as a direct response to community deliberations taking place as part of the PIP governance process.
π FAQ, Blog & Other Information
https://polygon.technology/blog/polygon-2-0-update-pol-contracts-are-live-on-testnet
GM folks,
π£ The moment weβve all been waiting for has arrived. Phase 0 of Polygon 2.0 is now underway, 3 Polygon Improvement Proposals (PIPs) and a roadmap for Phase 0 have been introduced today.
π Polygon 2.0 aims to scale Ethereum blockspace to create the Value Layer of the Internet, providing unlimited scalability and unified liquidity.
π§ No immediate action is required today for users of PoS and zkEVM networks, but what is needed from the community is your invaluable input.
Central to the Polygon 2.0 vision is the idea of empowering the community -- the builders, creators and all others who make the Polygon ecosystem possible.
π Please review the PIPs and provide feedback on the proposed changes. Links to the PIPs on the blogpost:
https://polygon.technology/blog/polygon-2-0-implementation-officially-begins-the-first-set-of-pips-polygon-improvement-proposals-released
π¬ Twitter AMA this Friday! https://twitter.com/0xPolygonLabs/status/1702339451379442164
You struggle building a dapp? π οΈ
The Solution Provider Network (SPN) is LIVE π£ The discoverability platform to help developers with the best-suited solution providers (wallets, bridges, fiat on-ramps, ...) for their projects across Polygon chains!
Blogpost π https://polygon.technology/blog/with-solution-provider-network-spn-developers-can-now-find-and-connect-with-any-solution-provider-on-the-polygon-protocols
β¬οΈ Explore 100+ solution providers on the SPN π§
https://ecosystem.polygon.technology/spn
Developer X, weβre making the next stop on our journey. Are you ready?
π Americas Tour
π£ 6 Guild Events
π Online Americas Hackathon (October)
π Polygon Connect + Demo Day (November)
β¨ Boundless Opportunities
Blogpost π https://polygon.technology/blog/devx-global-tour-is-coming-to-the-americas-in-september
π Tomorrow, Polygon Labs is back in Seoul! π°π· September 4 - 9
Korea Blockchain Week 2023 is a great opportunity for people attending to meet, develop synergies, have fun and build together! β¨
https://events.polygon.technology/polygon-in-korea
GM
Are you ready to kick off the Polygon DevX Global Hackathon [EMEA] with a bang?
Join us at the Opening Ceremony now and witness the Polygon team, and our Partner DevRels, as they reveal the best parts of the hack!
π¬ https://www.youtube.com/live/JR7_69m8ubs?feature=share
β‘οΈ Register for the hackathon if not done already: https://dorahacks.io/hackathon/devxemea/detail
Happy building!
πͺ Built in collaboration with the community, the final announcement of Polygon 2.0 proposes a new governance framework ποΈ
This framework focuses on the three pillars of future development and growth of the Polygon ecosystem:
- Protocol Governance
- System Smart Contracts Governance
- Community Treasury Governance
π tldr
https://twitter.com/0xPolygonLabs/status/1681667365161795586
π Blog Post
https://polygon.technology/blog/polygon-2-0-governance
βοΈ Contribute and check out the Community Vision Board πΌοΈ
https://polygon.technology/governance-pillars
π AMA on Discord Thursday, July 20 (12 PM UTC)
https://discord.com/events/635865020172861441/1130537694842323054
The Third Pillar: Community Treasury
π£ To address the needs of ecosystem and public goods funding, the Community Treasury was introduced and proposed in the recent POL Whitepaper!
Among others, the Treasury achieves:
β‘οΈ Ongoing, self-sustainable economic support for as long as required
β‘οΈ Increased decentralization by reducing dependency on the Polygon Foundation
β‘οΈ Achieving the next level of transparency and community inclusion
π We present our thinking around governance of the proposed Community Treasury. Join us in shaping this initiative by providing your feedback on the current and previous proposals.
ποΈ Forum post
https://forum.polygon.technology/t/the-third-pillar-community-treasury/12379
ποΈ Twitter post
https://twitter.com/matrzeszowski/status/1679973348909158404
π£ This week's Polygon 2.0 announcement is about tokenomics!
To read about our latest technical upgrade:
Blog Post π°
https://polygon.technology/blog/polygon-2-0-tokenomics
White Paper π
https://polygon.technology/papers/pol-whitepaper
AMA (Discord) on Friday π£οΈ
https://discord.com/events/635865020172861441/1128096313653870592
π£ Excited session today for the Polygon Community Forum #4
with so many speakers to answer your questions!
β‘οΈ https://discord.gg/0xpolygon
π 4 PM UTC (in 1 hour from now)
Hosts:
Alicia Katz, VP Strategic Initiatives
https://twitter.com/aliciakatz
Hudson Jameson, VP Governance and Community
https://twitter.com/hudsonjameson
Speakers:
Mihailo Bjelic, Co-founder
https://twitter.com/MihailoBjelic
Brendan Farmer, Co-founder
https://twitter.com/_bfarmer
David Silverman, VP of Product
https://twitter.com/davidesilverman
Paul Gebheim, Director of Product - Applied Research
https://twitter.com/paulgebheim
Justin Havins, DeFi Marketing Manager
https://twitter.com/Crypto_Texan
Jesus Ligero, Staff Engineer, Protocol and Integration
π Calling all devs to unlock the potential of Polygon ID at the ID Thon! π»
Join now! Showcase your skills in these exciting challenges and claim rewards up to π²4500 and some amazing PFPs βοΈ
π₯· 10 days Mini Online Hackathon β‘οΈ https://go.polygon.technology/3Npb3jX
πͺ§ https://twitter.com/0xPolyAdvocates/status/1673388908514807808
Developer X, weβre making our next stop on our journey. Are you ready?
π Europe Tour
π£ 6 Guild Events
π Online EMEA Hackathon
π Polygon Connect + Demo Day
β¨ Boundless Opportunities
Everyone is welcome! Come to share inspiring ideas, make new connections, learn new things, or just enjoy the stimulating company of your fellow Web3 builders.
#Amsterdam #Zagreb #London #Paris #Lisbon #Berlin #DevXGlobalTour π
https://polygon.technology/blog/devx-global-tour-is-coming-to-europe-in-july
π£ In 1 hour (3 PM UTC), Discord AMA with a blockchain engineer from the zkEVM team.
No presentation, it's an opportunity for you to ask all your questions!
https://discord.com/events/635865020172861441/1118518370065723485
Following yesterday's proposal to upgrade Polygon PoS to a zkEVM validium
https://polygon.technology/blog/polygon-2-0-polygon-pos-zk-layer-2
Polygon Labs will be hosting a Polygon Community Forum to answer questions:
πToday, 12PM EST | 4PM UTC (in 1h30) on Discord
β‘οΈ https://discord.gg/0xpolygon?event=1118594592472834149
Alicia Katz, VP Strategic Initiatives https://twitter.com/aliciakatz
Hudson Jameson, VP Governance and Community https://twitter.com/hudsonjameson
Brendan Farmer, Co-founder https://twitter.com/_bfarmer
Mateusz Rzeszowski, Governance Facilitator https://twitter.com/matrzeszowski
David Silverman, VP of Product https://twitter.com/davidesilverman
GM βοΈ Polygon Labs was included on Time's list of the 100 Most Influential Companies of 2023.
We are incredibly proud and want to share this moment with you. The community is such a huge part of this, and itβs time for you to shine.
Check it out! https://time.com/collection/time100-companies-2023/6285165/polygon-labs/
The second edition of the Polygon Community Forum will take place in 30 min
Share your feedback directly with the Polygon team!
Hosted on our Discord server by:
Alicia Katz, VP Strategic Initiatives @ Polygon Labs
https://twitter.com/aliciakatz
Hudson Jameson, VP Governance and Community @ Polygon Labs
https://twitter.com/hudsonjameson
Free OAT for participants: https://galxe.com/polygon/campaign/GCe8dUQ6se
Register & Join: https://discord.com/events/635865020172861441/1116777487486173274