As you have probably noticed, Matic Network has officially become Polygon, Ethereum’s Internet of blockchains. The ex-Matic team has expanded their mission and aim to enable Ethereum to become a full-fledged, robust multi-chain ecosystem, with secured Layer 2 chains and standalone chains.
We are thrilled to see this happen and wanted to thank everyone from the industry and the community for the overwhelming support that came from so many sides.
Polygon is an open-source project started by our colleague, Mihailo Bjelic, built to commoditize blockchain networks and enable broad adoption of the underlying technology. Since our core values are the belief in open standards and finding ways to facilitate mass adoption of innovative technologies, we found the idea really appealing. We joined forces with Polygon from the very beginning, working behind the scenes on two key components – SDK and PoC.
We are currently building the Polygon Software Development Kit (SDK) that will enable people to spawn Polygon networks.
This is an early version of Polygon as a development framework.
We’re also working on a decentralized exchange (DEX), built as a side chain using Polygon, that can communicate with the main Ethereum network and uses Zero-Knowledge proofs similar to Loopring.
This is an end-user PoC and an example of what we can build with Polygon.
The merger of Matic Network and Polygon shows that the Ethereum ecosystem needs a project like Polygon to bring scaling, privacy, and cheaper network fees to the end-user and that every company building on top of Ethereum is very much welcome to contribute to the ecosystem. The best concepts always win in the end.
Work on Polygon was also in-line with our efforts to further contribute to the open web. Pursuing that goal, in May 2020, we have created 3327.io, a Web3 technology incubator dedicated to the exploration of innovative technologies.
The idea behind the 3327 is simple – we want to push the edge of innovation through experiments, bringing ideas to life (from anyone in the community), sharing knowledge, organizing hackathons, and continuously contributing to open-source.
So, if you know your way around Golang and get goosebumps when someone mentions consensus/networking/state machines/EVM – we want you. Get in touch with us to learn every detail related to these things or to come up with a better version of Ethereum.
If working on Polygon (ex-Matic Network) is not right for you, no worries, there’s plenty of innovations we can work on together (but we very much encourage you to try it).
Make sure to check our Discord community server. We have big plans.
