Polygon Labs Paid $4M to Host Starbucks’ Failed Foray Into Crypto: Sources
The blockchain developer gave the coffee giant a $4 million grant as part of their 2022 deal to build an NFT-powered loyalty program that is now being shuttered.
Polygon
Polygon Releases ‘Type 1 Prover,’ Claiming Milestone Set by Ethereum’s Vitalik Buterin
The announcement means that existing EVM chains or optimistic rollups can connect to the prover without modification, then plug into Polygon’s newly released Aggregation layer, providing access to “all of the liquidity and value on Ethereum itself,” Polygon said.
Polygon Labs Cuts 19% of Staff, 60 Roles, for ‘Enhanced Performance’
The Ethereum-focused developer firm attributes the layoffs to working more effectively, rather than financial reasons.
As Blockchains Push Toward Decentralization, These People Serve as Ultimate Guardians
The goal of these “protocol councils,” sometimes called “security councils,” is to nudge these nascent networks toward increasing decentralization, by gradually removing them from under the control of their original developers. How are they different from boards of directors?
Polygon Stops Work on ‘Edge,’ Used to Build Dogechain, as Focus Turns to ZK
Polygon Labs, a developer of scaling networks for Ethereum, has shifted toward “Polygon CDK,” a blockchain-development kit powered by zero-knowledge cryptography. The older “Polygon Edge” was used by Dogechain, in an unofficial effort to build a Dogecoin-oriented smart-contracts network.
Polygon Adds Data Solution Celestia as Option for New Layer-2 Developers
The integration means that Celestia will plug into Polygon’s customizable software stack, which is powered by zero-knowledge technology, allowing developers to make use of the veri availability solution when launching their own blockchain.
Why On-Chain Transaction Is the Key Blockchain Indicator
The metric helps investors and users to understand whether a blockchain is going to merely survive, or thrive, says Todd Groth, head of research at CoinDesk Indices
Polygon Proposes Council for ‘Decentralized Governance,’ Names 13 Members
The committee will consist of 13 people including officials from Coinbase and the Ethereum Foundation.
Polygon Co-Founder Jaynti Kanani Steps Down
Kanani founded Polygon in 2017 alongside Sandeep Nailwal and Anurag Arjun.