Polygon Labs engineering workforce has printed a proposal to improve Polygon Proof-of-Stake (PoS) sidechain to ‘zkEVM Validium’, an Ethereum-secured Layer 2 community.
Markedly, the zkEVM Validium protocol is a first-of-its-kind decentralized L2 secured by zero-knowledge (ZK) proofs. The improve is focused in direction of maintaining with the longer term by aligning the present Polygon PoS with the imaginative and prescient of Polygon 2.0. If accepted and authorized, the improve could be rolled out on the mainnet by Q1 2024.
3/ The chain would proceed to be operated by the prevailing $MATIC-staked validators, who would then be operating a first-of-its-kind, decentralized sequencer, and knowledge availability community.
If the proposal is accepted, the improve may go stay on mainnet by the top of Q1 2024.
— Polygon (Labs) (@0xPolygonLabs) June 20, 2023
Polygon Awaits Approval of Improve Proposal
Polygon 2.0 was introduced a few week in the past as a imaginative and prescient for limitless scalability and unified liquidity. Therefore, this comes off as a big milestone for the protocol seeing that Polygon PoS would evolve to develop into safer, and likewise carry out higher. Particularly, Polygon 2.0 plans to make the most of Polygon’s in-house zkEVM to reinforce the sidechain’s safety, and efficiency whereas additionally protecting charges low and sustaining scalability.
Additionally, “If the proposal passes, Polygon PoS and its $2B in belongings, thousands and thousands of customers, and hundreds of apps would seamlessly migrate to this bleeding-edge expertise,” Polygon tweeted.
Within the Polygon weblog publish, it was additionally highlighted that “If accepted by the neighborhood, this improve will mark an unimaginable technical achievement — the primary time that an present chain (particularly of this dimension and significance) provides ZK proofs to develop into an L2.”
Aligning Polygon PoS to Polygon 2.0 Imaginative and prescient
Noteworthy, this isn’t the identical because the zkEVM which Polygon Labs launched on the mainnet just a few months in the past. On the similar time, Polygon envisages that each the upgraded Polygon PoS and the already present zkEVM would coexist efficiently in the identical ecosystem. Shifting ahead, the chain will nonetheless be operated by present MATIC staking validators.
Whereas Polygon PoS has a powerful ecosystem and is broadly accepted by all, it’s not secured by any ZK Proofs however by its validators, therefore the necessity for an improve which is equal to unification with different ecosystems. Polygon PoS will get pleasure from interoperability with different chains within the broader crypto ecosystem.
From its design, it’s going to match completely into the Polygon 2.0 imaginative and prescient with none alterations for customers and builders.
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