Polygon - Optimisus

Polygon (MATIC) network has attracted a lot of attention from the DeFi community

2 weeks ago 5 mins read

Polygon (MATIC) Top Partnerships with Big Companies

Polygon (MATIC) is a layer-2 scaling solution for Ethereum that aims to improve the scalability and speed of the network. It does this by using a variety of techniques, including sidechains, optimistic rollups, and zk rollups. Polygon has attracted a lot of attention from the DeFi community, and it has partnered with a number of major companies. Here are some of Polygon’s top partnerships with big companies: These are just a few of Polygon’s top partnerships with big companies. Polygon has also partnered with a number of other projects, including SushiSwap, SushiSwap, and The Sandbox. These partnerships are helping to

Introducing Polygon's Zero-Knowledge Identity Verification Tool

3 months ago 1 min read

Polygon Launches Zero-Knowledge Identity Verification System

Polygon, a blockchain company that specializes in scaling systems for Ethereum, has launched a new zero-knowledge (ZK) technology-based identification tool called Polygon ID. The company has created the tool to help users verify their identities and credentials without revealing sensitive information. Zero-knowledge technology is a form of cryptography that eliminates the need for users to provide personal information routinely to different online applications or websites. This development has been seen as a significant use case for blockchains for quite some time. Polygon ID’s design ensures that identity holders have claims stored in their wallets, while verifiable credentials are cryptographically signed

Polygon Labs, the company behind Ethereum's popular Layer-2 scaling solution, has announced a reduction in workforce by 20%.

4 months ago 1 min read

Polygon Labs Cuts Staff Amid Economic Uncertainty

Polygon Labs, the company behind Ethereum’s popular Layer-2 scaling solution, has announced a reduction in workforce by 20%. The decision to downsize was made as part of Polygon Labs’ consolidation process, in which multiple business units were merged. The layoffs will affect around 100 positions across multiple teams. Despite the tough decision, Polygon Labs has offered all affected employees three months of severance pay, regardless of their level of tenure. The announcement comes amid a wave of layoffs among crypto companies, all affected by the recent collapse of the FTX exchange. Filecoin developer Protocol Labs cut 21% of its staff

Mainnet beta launch of Polygon's zkEVM Layer 2 slated for March

4 months ago 1 min read

Polygon’s zkEVM Layer 2 set for mainnet beta release in March

Polygon is set to launch its new Layer 2 scaling solution, zkEVM, on March 27 with the aim of expanding the scaling capabilities of the Ethereum network. This zero-knowledge or ZK-Rollup scaling solution is expected to perform off-chain computations on a secondary layer, prioritizing security and enabling faster and cheaper transactions. According to Polygon, its zkEVM is equivalent to Ethereum’s Virtual Machine, meaning that the network is expected to support the same code as Ethereum. This allows developers to onboard apps from Ethereum and use them on Polygon’s zkEVM network without making significant changes. Polygon has been working on the

6 months ago 1 min read

Polygon (MATIC) explained in simple terms

Polygon (formerly known as Matic Network) is a blockchain platform that provides a suite of tools and services for building and deploying decentralized applications (DApps). Polygon is designed to be an easy-to-use and scalable platform that enables developers to quickly and efficiently build and deploy DApps on the Ethereum network. Polygon uses a hybrid proof-of-stake and proof-of-authority consensus mechanism, which allows for faster and cheaper transactions than other networks. The platform also offers a range of services, such as security audits, developer tools, and community support, to help developers build and launch DApps on the Polygon network. Overall, Polygon is

BitPay will begin accepting polygon-bridged cryptocurrencies like Ether, USDC, DAI, and wrapped Bitcoin later this week.

7 months ago 1 min read

BitPay launches USDC and ETH payments over the Polygon network

BitPay will begin accepting polygon-bridged cryptocurrencies like Ether, USDC, DAI, and wrapped Bitcoin later this week. On October 26, BitPay and Polygon announced the integration of Polygon on the BitPay app, allowing clients to spend Polygon-bridged ERC-20 tokens. Later this week, the BitPay app will explicitly prepare to allow payments in tokens such as the Polygon-based USD Coin (USDC). Circle created the USDC stablecoin on the Ethereum blockchain before transferring it to Polygon via the Polygon Bridge in June 2022. The Polygon USDC token is not the only Polygon-bridged token coming to BitPay. Bill Zielke, BitPay’s chief marketing officer, informed