The Unprecedented Evolution of the Polygon Proof of Stake Chain

3min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

The polygon proof of stake chain is converting to what's called a validity. It means basically like the consensus layer settles on Ethereum, somewhere else for now. So long story short, the upgrade is... And that has to be done also, you know, community has to get involved where they have to vote and how this bridge moves into this ZK secured bridge.

Today on the show we welcome back Sandeep and Mihalo, the Co-Founders of Polygon.

Polygon is one of the most used chains in crypto. That in itself is a massive accomplishment. However, there’s been criticism of Polygon in the past, that it’s “just a sidechain.” That it’s not “Ethereum aligned.” The release of Polygon 2.0 will silence these critics. Tune in to understand why.

------ 🚀Join Ryan & David at Permissionless in September. Bankless Citizens get 30% off https://bankless.cc/GoToPermissionless

------ 📣 STADER LABS | ETHX LIQUID STAKING https://bankless.cc/Stader

------ BANKLESS SPONSOR TOOLS:

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE ⁠https://k.xyz/bankless-pod-q2 ⁠

🦊METAMASK PORTFOLIO | TRACK & MANAGE YOUR WEB3 EVERYTHING ⁠https://bankless.cc/MetaMask

⚖️ ARBITRUM | SCALING ETHEREUM ⁠https://bankless.cc/Arbitrum

🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle ⁠

👾POLYGON | VALUE LAYER OF THE INTERNET https://polygon.technology/roadmap

🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/Toku

------ TIMESTAMPS

0:00 Intro 6:35 EthCC 11:35 Polygon 2.0 20:00 PoS to zkEVM 33:50 What Will Users Have To Do? 37:10 Validiums & Wen Upgrade? 43:00 How $MATIC is Evolving? 47:00 The Evolution of Crypto Networks 48:50 $MATIC to $POL 50:27 Work Token 53:14 Why $POL Naming? 54:20 The Governance Framework 59:50 Is This Polygon’s Endgame? 1:08:48 zkSupernets

----- RESOURCES

Polygon Roadmap https://polygon.technology/roadmap

Polygon PoS to a zkEVM - https://twitter.com/0xPolygonLabs/status/1671208777784209441

The Stack https://twitter.com/0xPolygonLabs/status/1668312616459030528

The Token https://twitter.com/0xPolygonLabs/status/1679427540790681600

------ Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures ⁠