MATIC 2.0 UPGRADE!! Price Predictions and Trades for POL and MATIC

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Polygon Labs’ vision of an interconnected layer-2 Ethereum ecosystem powered by zero-knowledge cryptography begins in earnest following three inaugural improvement proposals that will begin the transition to Polygon 2.0.

The scaling technology firm unveiled Polygon 2.0 in June 2023, outlining plans for a scaling ecosystem made up of four protocol layers. The staking, interop, execution and proving layers all play a role in creating an interconnected ecosystem of chains that enable fast value transfer and information sharing.

Polygon co-founder Sandeep Nailwal recently unpacked how the ecosystem aims to become the value layer of the internet by using zero-knowledge (ZK) technology to provide low-fee, high-throughput performance to the wider Ethereum ecosystem.

Polygon released three Polygon Improvement Proposals (PIPs) on Sept. 14 for community consideration and voting that are earmarked to begin taking place in the final quarter of 2023.

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