Polygon's Journey to Becoming a Major Crypto Ecosystem

Polygon, previously known as Matic, has evolved into a prominent player in the crypto ecosystem. The project was born from the founders' recognition of Ethereum's scalability limitations and their passion for a trustless decentralized future. They launched Matic Network with a Plasma-based layer two solution, but the majority of users opted for the EVM side of the chain. Despite this, Matic became one of the largest blockchains. However, the vision was always to create a web 3.0 infrastructure that is infinitely scalable. So, Polygon transitioned to ZK rollups, and in March 2023, they launched their first fully audited ZK rollup mechanism. They have also developed Plonk, a widely used technology for building ZK circuits. With the recent launch of Polygon 2.0, the focus remains on providing scalable infrastructure and seamless value movement across chains. The ultimate goal is to enable web 3.0 to reach mainstream adoption.