On June 29, the team behind the Polygon network submitted a proposal outlining the necessary architecture designs for its new project Polygon 2.0. The Polygon Labs team suggested that the new projects should constitute four different layers which are easily compatible. The four layers will be integrated into Ethereum’s decentralized blockchain to create a unique web of networks.
Polygon Labs Proposes New Architecture for Polygon 2.0
The developers suggested that if the proposal passes the validators’ test, the Polygon 2.0 will be featured on the aggregators to allow “near-instant and atomic,” transactions to be conducted on the bridge network.
On June 12, the New York-based software development company launched Polygon 2.0, aiming at introducing a value layer on the internet where the user can easily share and exchange value. Mihailo Bjelic, the co-founder of Polygon Labs, had earlier proposed the integration of zero-knowledge proofs to improve the network’s security and maintain fair cost. The co-founder recommended that upgrading the Polygon Network was crucial to expedite the launching of version 2.0.
In a blog post, the Polygon Labs team provided further details on the features of Polygon 2.0. The post mentioned that the developers would utilize the existing staking layers to create the new upgrade.
Reflecting on the developer’s report, the Polygon team will integrate a validator manager centered on the Ethereum network and a chain manager to support the Polygon chain. The developers anticipate that in the future, the current Polygon chain will support the generation of Ethereum-powered chain managers.
Significance of Polygon Upgrades
Per the post, the developers stated that the integration of the staking layers would act as an interoperability layer positioned on multiple bridges attached to the Polygon chain. At the interoperability layer, the developers projects that all transactions will be validated through the support of the zero-knowledge proofs.
Furthermore, the interoperability layer will consist of an aggregator that will transform the zero-knowledge proofs connected to the bridges into a single proof before the transaction is sent to the Ethereum network.The June 29 post also highlighted the advantages of the proposed upgrades.
The Polygon team mentioned that the proposed network upgrades aim to make the bridge transactions more seamless. Also, Polygon Labs aims to reduce Ethereum gas consumption used in validating proofs.
The Polygon team stated that the third layer of the Polygon 2.0 would be utilized as an execution layer connected to the Erigon network. In contrast, the final layer will involve launching a providing layer that will standardize most of the zero-proof process on the Polygon chains.
The blog post mentioned that the Polygon team would provide further details concerning the function of the four main layers in the coming days. The Polygon network’s latest update mirrors the expansion efforts made by zkSync Era in the attempt to shift to the multichain ecosystem.
Recently the layer-2 protocol zkSync Era announced plans to develop a new network comprising Hyperchains. The announcement mentioned that the zkSync Era team would launch the hyperchains on its testnet before the end of this year.
zkSync Era replicates the development made by Optimism and Coinbase Base in creating a super chain. A few days ago, the Optimism and Coinbase team launched a Bedrock upgrade to support the launching of the Superchain.