What Does Ethereum’s Transition to Proof of Stake Mean for Polygon?
With Ethereum’s switch to proof of stake (PoS) slated for mid-September, we thought it would be appropriate to take a moment and look around, to admire how far Web3 has come. Now is a time to celebrate the builders and dreamers who’ve worked relentlessly on the margins to summon a more open, decentralized, and equitable […]
ZK and the Future of Ethereum Scaling
Arbitrum recently released a great post arguing that Optimistic Rollups (OR) represent the future of Ethereum, since they offer inherent scalability and cost advantages over ZK Rollups (ZKR). Their piece is well-written and worth reading. In the spirit of friendly debate, we’d like to present a different perspective. Polygon has committed $1 billion to ZK […]
Earlier this month, Polygon’s core development team with help from bug bounty platform Immunefi successfully fixed a critical network vulnerability. Considering the nature of this upgrade, it had to be executed without attracting too much attention. We are now ready to give the full account of what happened. A group of whitehat hackers notified Immunefi, […]
Matic Network Becomes Polygon, Ethereum’s Internet of Blockchains — Expands Mission and Tech Scope
TL;DR: Matic Network is expanding tech scope and mission and becoming Polygon — Ethereum’s Internet of Blockchains. Existing Matic solutions remain functional and high priority. $MATIC token remains critically important for securing and governing the network. Founders and the team all continue to work in an unchanged way, augmented by prominent Ethereum developers, researchers and community members. Dear Matic […]
We are proud to announce that the first version of the Matic mainnet is now up and running 🙂 This is the culmination of more than 2.5 years of hard work by the entire team, developers, investors, advisors and of course, the entire Matic community who have supported us on our journey so far.
With our staking launch fast approaching, we are committed to building the strongest possible staking ecosystem. Our decentralized network of Validators will be responsible for taking part in our PoS consensus mechanism, producing blocks, and committing checkpoints to the Ethereum mainchain — and will thus play an integral role in ensuring the health of Matic Network. Therefore, […]
