Matic Network Now ‘Polygon’ as Platform Targets Ethereum’s L2 Woes
Ethereum startup Matic Network is rebranding to Polygon as it goes all-in on further Ethereum Layer 2 scaling solutions.The India-based firm is pivoting toward addressing Ethereum’s throughput problem with a forthcoming Layer 2 aggregation SDK that can host multiple technologies at once, according to a blog post shared with CoinDesk.The startup currently administers a proof-of-stake (PoS) Ethereum sidechain using the Plasma framework – a now out of favor Layer 2 solution that will continue to be hosted. Version 1 of the software development kit (SDK) for Layer 2 aggregation will be ready in March, Polygon co-founder Sandeep Nailwal said in a Telegram message.“Polygon will support multiple layer 2 solutions such as Optimistic Rollups (OR), zkRollups (ZKR), and Validium, ef...