Polygon has announced the proposed upgrade plan, Polygon 2.0, which involves protocol architecture, token economics, and governance.
Polygon 2.0 is a network composed of ZK-powered Layer 2 chains and unified through a novel cross-chain coordination protocol. This network can support nearly an infinite number of chains, enabling secure and instant cross-chain interactions without additional security or trust assumptions.
Polygon also states that in the coming weeks, they will provide a detailed introduction to each component of Polygon 2.0, discuss the future of the Polygon PoS chain, Polygon token utility and evolution, and the transition to a larger community protocol and financial management. They will also outline a roadmap for how Polygon can become a value layer for the internet, providing unlimited scalability and unified liquidity through ZK technology.
Ryan Wyatt, President of Polygon Labs, explains the core objectives of Polygon 2.0:
- Unified protocol: Seamlessly use zkEVM, PoS, and Supernets; you will feel like you're using a single chain.
- Token evolution
- Establish long-term decentralized governance.