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Polygon 2.0 Achieves Significant Milestone

Polygon 2.0, the technical upgrade to MATIC, has reached a significant milestone today as it announced that its POL Contracts are now live on the Ethereum Mainnet. This recent development is part of an ongoing effort to create a hyperproductive ecosystem that leverages zk-based L2 chains via a native re-staking protocol.

The Role of POL Holders

With this update, POL holders are now able to validate multiple chains and perform various roles on each of those chains. These roles include sequencing, zk proof generation, and participation in data availability committees, among others. The aim is to enhance the functionality and efficiency of the ecosystem.

Important Links and Resources

More information about this development can be found on the Blog Post. Details about future plans are highlighted in the Roadmap. For community discussions and feedback, check out the Community Forum.

FAQs: What You Need to Know

This upgrade does not require any action from Polygon PoS, Polygon zkEVM users or MATIC holders. Existing systems on both the Polygon PoS and Polygon zkEVM networks will continue to function as previously designed. Node operators, stakers, application and tooling developers are not required to make any immediate changes either. However, they are encouraged to participate in the governance process, provide feedback on proposed changes, and monitor for new node software versions.

Where to Find POL on Ethereum

POL can be found on Ethereum at 0x455e53cbb86018ac2b8092fdcd39d8444affc3f6. This marks a significant step forward in the evolution of Polygon 2.0 and its potential to revolutionize the blockchain ecosystem.

Submitted by damian on

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