ppl in ef ecosystem called out @0xPolygon for being a side-chain, as they prioritised scalability over semantics of L2s and pleasing ethereum community and look 7 years later we see that "polygon was right all along"
Polygon is acquiring @Coinme and @0xsequence, including @TrailsHQ.
Our mission is to move all money onchain, and that mission just got accelerated with:
- Licensed fiat on- and off-ramps with operations across 48 U.S. states
- Battle-tested wallet infra
- Cross-chain payment orchestration using intents on @TrailsHQ
We can achieve our mission through the Open Money Stack, which will be a vertically integrated payments stack open to all solutions that enables people to reliably and seamlessly move money whenever and however they want, with no limitations.
The Open Money Stack requires:
• Chains: Polygon Chain (@0xPolygon) and all others interconnected ✅
• Interop: Agglayer (@Agglayer) + Trails (@TrailsHQ) ✅
• Wallet: Sequence (@0xsequence) ✅
• On- and Off-Ramps: Coinme (@Coinme) ✅
• Things to do onchain: Abundant participants in the @0xPolygonEco ✅
BREAKING: Polygon to become U.S. regulated payments platform
We’re acquiring Coinme and Sequence to move all money onchain.
→ Regulated money movement in 48 states
→ Fiat on/off ramps
→ 50,000 fiat-to-crypto locations in the U.S.
→ Easy onboarding with wallet infra
→ 1-click crypto transactions across chains
All vertically integrated in the Polygon Open Money Stack.
dropping private beta invites for nitrate in 48h.
reply with your tg + retweet to be one of the first users trading with a sweet 25% XP boost on @avantisfi
Another huge milestone for @Agglayer.
The v0.3 upgrade will make it possible for non-CDK chains to join Agglayer—beginning with Polygon PoS by end of Q3.
The new release enhances the security of the pessimistic proof by adding an additional safety guarantee. Before, the pessimistic proof verified only the balances of connected chains.
Now: it also verifies how blocks were built, using chain-specific execution proofs
For Agglayer to truly aggregate everything, core infra needs to be flexible and modular enough to be chain agnostic. Agglayer needs to provide the conditions required for safe, fast interop (sub 10 seconds, to start).
Agglayer v0.3 is that first step.
Agglayer v0.3 mainnet is live.
This security upgrade lays the groundwork for non-CDK chains to join, starting with Polygon PoS by the end of Q3. Chains can prove state and connect, securely and without rewriting architecture.
Next stop: fast interop (sub 10-second crosschain transactions)
@JioCare@reliancejio Applied for a new fiber connection and scheduled the appointment for 3rd time. No one's showing up or even contacting me for the installation. Can't sit around rescheduling appointments daily. Calling customer care won't let me talk to a human. Please help.
🛎️ Polygon Labs’ Chief Legal & Policy Officer, @RebeccaRettig1, will participate in the first-ever DeFi hearing, for the U.S. House of Representatives Subcommittee on Digital Assets, Financial Technology & Inclusion.
Topic - ‘Decoding DeFi: Breaking Down the Future of Decentralized Finance’
@airindia 23may, AI698 seat 28F's recline wasn't locking. Wasn't able to rest my back. The recline angle was freely changing throughout the flight. No empty seat to move to. I flew 6 times under my AI FFN this month. I support your efforts but I don't want to be treated this way
Releasing the Type-1 upgrade to the zkEVM prover, the next generation of Polygon’s proving tech. It can generate proofs for any EVM chain—sidechain, optimistic rollup, even Ethereum itself.
When proving Ethereum mainnet blocks, avg per-transaction costs are $0.002 - $0.003.
Developed with @Toposware, the Type 1 is open source and available today.
Together with the AggLayer, the Type 1 prover will allow EVM chains to upgrade to ZK and access the shared state, liquidity, and user-base of the Polygon ecosystem.
What makes it a Type 1? Ethereum equivalence. The Type 1 prover preserves all of Ethereum’s execution logic. In practice, this means that any EVM chain can become a ZK Layer 2, without having to fork or make modifications.
The Type 1 zkEVM prover will be another config available to projects building with Polygon CDK, the modular toolkit for spinning up ZK L2s. All chains building with the modular toolkit can leverage the Type 1 to connect to the AggLayer, while taking advantage of lower costs, lower latency, and better UX. Projects like @Immutable zkEVM, @MantaNetwork, and @CantoPublic are planning to do exactly this.
There are more performance optimizations and a Type 2 mode coming. Right now, the Type 1 can prove existing Ethereum blocks at an average per-tx cost of $0.002 to $0.003. With Plonky3 and additional zkEVM improvements, there will be a 30 to 50X reduction in cost over the next year.
Read on for use cases and in-depth performance benchmarks: https://t.co/jBiQZEC6FK
🚨 Calling all @0xPolygonDevs to check if your repo is present in the @ElectricCapital database and add if not🚨
Electric Capital is publishing the 2023 Developer Report showcasing the state of Devs across various ecosystems including @0xPolygon. Request all the Developers in Polygon ecosystem to participate & contribute. This is only for the open source repositories.
Check if your repo is a part of the Polygon TOML files:
1. Polygon - https://t.co/YGACU5bhOR
2. Polygon zkEVM - https://t.co/VpLRCl69ic
3. Polygon ID - https://t.co/ETHvQZokNS
You can check if your repo is directly listed in the above .toml files or if it's a part of a sub ecosystem's .toml file. The sub ecosystems are listed at the top itself. If it's there, all good!
If not, create a PR to submit the project - you can submit the repo directly to the .toml file or to the relevant sub ecosystem, by adding your github org or the repo directly if it's a single repo. You can also create a sub ecosystem in the above TOML files, if relevant. Follow the guidelines and submit the PR here - https://t.co/BuUQcXG4mM
Share this to all open source devs in Polygon ecosystem so they are represented in the report.
@0xPolygonLabs
Frictionless UX is key to onboarding users so they can have a simple experience using dApps on Polygon protocols.
The new Polygon Portal creates an optimal UX for bridging and managing assets between Polygon chains, all on one platform.
Curious about maximizing your staking rewards? Unlock the potential of compounding gains by mastering the art of restaking on Polygon PoS !
Follow below thread to learn more. #polygon
Meet the Chain Indexer Framework.
Simplifying and accelerating the process of fetching the data you need.
Explore the tool and stay tuned for usage tutorials: https://t.co/jbWyPtsOa0