Polygon, the prominent blockchain project, has revealed its ambitious plan for Polygon 2.0. This major update aims to create a network of Layer 2 blockchains powered by zero-knowledge technology, specifically ZK-Rollups.
Polygon currently operates Polygon POS, a proof-of-stake sidechain network that runs parallel to Ethereum, hosting popular decentralized applications like Uniswap and Aave.
In addition, Polygon zkEVM, a Layer 2 network based on ZK-Rollups, complements its existing proof-of-stake chain. However, the team aims to expand its Layer 2 offerings by leveraging ZK-Rollups to create individual Layer 2 chains that can securely interact with each other.
Polygon’s core team is designing Polygon 2.0 to enable instant and secure cross-chain interactions with Layer 2 chains, all without requiring additional trust assumptions.
This architectural approach aims to establish what the team refers to as the “Value Layer of the Internet.” By building a network of interconnected Layer 2 chains, Polygon aims to address scalability limitations while maintaining liquidity, security, and capital efficiency.
Polygon has previously expressed interest in creating multiple chains using its software stack known as SuperNets, collaborating on chains for projects like Immutable and Aavegotchi.
However, Polygon 2.0 represents a shift in focus towards interconnected chains resembling the ecosystems of Cosmos and Polkadot.
What sets Polygon’s approach apart is the utilization of Layer 2 solutions, specifically ZK-Rollups, to enhance scalability and performance.