Polygon Development Team to Launch Blockchain Aggregation Layer in February

Polygon Labs, the development team behind the Ethereum scalability solution Polygon, announced on Thursday (25th) a new solution called “AggLayer” aimed at connecting different blockchains through zero-knowledge proof technology.

Polygon Labs stated that the first version of the AggLayer mainnet will be released in February. The goal of this aggregation layer is to enable developers to connect multiple blockchains to support unified liquidity. AggLayer will ensure the unified security of different architectural blockchains, including those within the Polygon ecosystem, through modularity and monolithic approaches.

AggLayer will be a critical component of Polygon 2.0, the next generation of Polygon. Unlike typical interoperability solutions, AggLayer will aggregate ZK proofs from all connected blockchains. Polygon Labs also stated in their official article that AggLayer v2 will support asynchronous cross-chain transactions, which is expected to be launched later this year.

Source:

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Successful Conclusion of CoinEx Taiwan’s 7th Anniversary Celebration, Embracing the Arrival of the Web3 Era Hand in Hand with Users

Since its establishment in 2017, CoinEx has been a professional cryptocurrency trading pla…