.0xPolygon Polygon (MATIC) recognized by TIME for its innovation in crypto TimeMagazine TIME100 MATIC $MATIC TIME100Companies PolygonMatic PolygonCommunity
In the 2023 edition of the list, Polygon finds itself among the notable names, solidifying its position as a transformative force within the digital asset sector.
This acknowledgment serves as a testament to Polygon's growth and its impact on the blockchain industry.This is because, over the past 18 months, Polygon Labs says it has released the fastest ZK proving system in the industry and launched the only EVM-equivalent zkEVM on the mainnet. In the previous week, Polygon 2.0, a vision for unlimited scalability and unified liquidity powered by ZK technology, was launched. Polygon 2.0 represents a huge step forward for the Polygon ecosystem. A core part of the Polygon 2.0 vision is that every Polygon chain should be a ZK L2.Polygon reveals that a proposal has been published to upgrade
to a zkEVM Validium, a first-of-its-kind, decentralized ZK Layer 2. This represents a major milestone for the Polygon ecosystem, as it would enable Polygon PoS to become a core part of the Polygon 2.0 ecosystem.-staked validators, who would then be running a first-of-its-kind, decentralized sequencer, and data availability network.— Polygon As a zkEVM Validium, Polygon PoS would inherit Ethereum's unmatched security while preserving low fees and high scalability.
If the proposal passes, Polygon PoS, $2 billion in assets, millions of users and thousands of apps would migrate to this technology in an upgrade that might go live on the mainnet by the end of Q1, 2024.
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