Polygon Labs announced that they are on TIME’s list of 100 most influential companies of 2023.
Known for its annual TIME 100 list highlighting the most influential people worldwide, TIME magazine has expanded its scope to include companies that have made significant contributions to various industries. In the 2023 edition of the list, Polygon is among the important names that solidify its position as a transformative force in the digital asset industry. This acceptance is a testament to Polygon’s growth and impact on the blockchain industry.
Project Recently Released Polygon 2.0
Polygon Labs has reported that it has launched the fastest ZK proofing system in the industry over the past 18 months, launching zkEVM, the only EVM equivalent in the mainnet.
Last week, Polygon 2.0, a vision of unlimited scalability and unified liquidity powered by ZK technology, was released. Polygon 2.0 represents a big step forward for the Polygon ecosystem. A core component of the Polygon 2.0 vision is that every Polygon chain should be a ZK Layer-2. The company recently announced that it has published a proposal to upgrade Polygon PoS to zkEVM Validium, a first-of-its-kind decentralized Zk Layer-2.
This represents an important milestone for the ecosystem as it will enable Polygon PoS to become a core part of the Polygon 2.0 ecosystem. As a zkEVM Validium, Polygon PoS inherits the unique security of Ethereum while maintaining low fees and high scalability.
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