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<ul> 
 <li>Polygon’s POL token redefines network security and roles for holders.</li> 
 <li>Polygon 2.0 broadens into a web of interconnected Layer 2 solutions.</li> 
 <li>POL introduces enshrined restaking, enabling multi-chain security participation.</li> 
</ul> 
<p>A few months ago, Polygon (MATIC) made a <a href="https://cryptonewsland.com/after-xrp-win-how-much-will-matic-surge-before-revamping-to-pol/" target="_blank" rel="noopener noreferrer nofollow">groundbreaking announcement</a>. In detail, they unveiled a colossal technical advancement with their new Polygon Optimistic Layer (POL). This upgrade is poised to transform the landscape of blockchain security and interconnectivity.&nbsp;</p> 
<p>Today, Founder of <a href="https://polygon.technology/" target="_blank" rel="noopener noreferrer nofollow">Polygon Labs</a>, Sandeep Nailwal, shares a detailed post about the matter. In particular, he talks about what this shift would mean for <a href="https://cryptonewsland.com/matic-polygon-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">MATIC token holders</a> and the POL upgrade.</p> 
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   <p lang="en" dir="ltr">POL is a massive technical upgrade to MATIC<br><br>POL delivers the benefits of multi-chain staking without the added risks of restaking. With the Polygon 2.0 proposal, the Polygon Ecosystem will expand from a single chain to an ecosystem of L2s that can easily interoperate and share…</p>— Sandeep Nailwal | sandeep. polygon 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f49c.png" alt="💜" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@sandeepnailwal) <a href="https://twitter.com/sandeepnailwal/status/1696102126236143881?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 28, 2023</a> 
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<p>He begins by explaining POL. POL represents a monumental leap forward in token design, redefining the way networks are secured and operated, he says. Unlike conventional restaking systems, POL introduces the concept of “enshrined restaking”.&nbsp;</p> 
<p>This concept allows users to restake their tokens without exposing themselves to added risks. This innovation aims to enhance network decentralization by minimizing reliance on third-party entities, thereby creating a more robust and secure ecosystem.</p> 
<p>He elaborates saying that at the core of this transformation lies the Polygon 2.0 proposal. Thus, with this upgrade, the Polygon Ecosystem is evolving from a single chain to a dynamic web of Layer 2 (L2) solutions that seamlessly interact and share liquidity.&nbsp;</p> 
<p>In fact, Polygon’s Proof-of-Stake (POS) mechanism will transition into an L2 within this network of zk-powered L2s. Therefore, validators will undertake a multiplicity of roles, from securing the hub to generating proofs and orchestrating transactions as sequencers.</p> 
<h3 class="wp-block-heading" id="h-the-power-of-pol-nbsp"><strong>The Power of POL</strong>&nbsp;</h3> 
<p>POL will act as the linchpin of this evolved ecosystem. In <a href="https://polygon.technology/roadmap" target="_blank" rel="noopener noreferrer nofollow">Polygon 2.0</a>, POL tokens will be staked in the central hub, enabling the token holders to participate in securing multiple chains across the network.&nbsp;</p> 
<p>This transformative approach empowers token holders to engage in various roles while staking on numerous chains, enabling them to reap greater rewards without increasing their staked capital.</p> 
<p>A Paradigm Shift in Token Design Described as a “third-generation token”,&nbsp; Nailwal says POL transcends the limitations of its predecessors. In the token evolution timeline, Generation 1 featured BTC, with holders unable to participate in network security. Likewise, Generation 2 brought ETH, permitting holders to stake for network security. Now, Generation 3 introduces POL, where holders can secure multiple networks and assume diverse roles.</p> 
<p>As the Polygon network undergoes this revolutionary upgrade, it sets a new benchmark for blockchain security, flexibility, and decentralized governance. The introduction of POL stands as a testament to Polygon’s unwavering commitment to pushing the boundaries of what’s possible in the crypto space.</p> 
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4> 
<ul class="wp-block-yoast-seo-related-links"> 
 <li><a href="https://cryptonewsland.com/after-xrp-win-how-much-will-matic-surge-before-revamping-to-pol/" rel="noopener noreferrer nofollow">After XRP Win, How Much Will MATIC Surge Before Revamping to POL?</a></li> 
 <li><a href="https://cryptonewsland.com/matic-goes-green-as-polygon-hosts-over-37k-dapps/" rel="noopener noreferrer nofollow">MATIC Goes Green as Polygon Hosts Over 37K DApps</a></li> 
 <li><a href="https://cryptonewsland.com/matic-may-see-recovery-ahead-of-polygon-zkevm-launch/" rel="noopener noreferrer nofollow">MATIC May See Recovery Ahead of Polygon zkEVM Launch</a></li> 
 <li><a href="https://cryptonewsland.com/polygon-flashes-optimism-as-matic-gears-to-smash-1-5-resistance/" rel="noopener noreferrer nofollow">Polygon Flashes Optimism, Gears to Smash $1.5 Resistance</a></li> 
 <li><a href="https://cryptonewsland.com/polygon-responds-to-sec-claims-matic-is-no-security/" rel="noopener noreferrer nofollow">Polygon Responds to SEC Claims: MATIC is No Security</a></li> 
</ul> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com/polygon-founder-explains-how-pol-will-bring-more-than-matic-could/">Polygon Founder Explains How POL Will Bring More Than MATIC Could</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Polygon Founder Explains How POL Will Bring More Than MATIC Could

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