Token

Eden

Polygon

<a href="https://bitcoinworld.co.in/polygon-to-launch-agglayer-to-make-multiple-blockchains-feel-like-a-single-chain/" title="Polygon To Launch AggLayer To Make Multiple Blockchains Feel Like “A Single Chain”" rel="nofollow"></a>
<ul> 
 <li style="font-weight: 400">Next month, Polygon Labs will launch a new protocol AggLayer that makes all blockchains feel like a single chain for the end-user.</li> 
</ul> 
A new protocol from Ethereum-scaling solutions developer Polygon Labs promises to unite what it calls the “divided blockchain landscape” into a web of networks that “feels like a single chain.” 
In a Jan. 24 blog <a href="https://polygon.technology/blog/aggregated-blockchains-a-new-thesis">post</a>, Polygon said its AggLayer solution, set to launch next month, aims to aggregate zero-knowledge (ZK) proofs from multiple blockchains and allow developers to connect layer 1 and 2 blockchains to merge them into a single network. 
For end users, Polygon Labs claims the user experience will be “like the internet,” and users won’t have to undertake “cumbersome and frequent bridging” to use other chains. 
Polygon Labs’ AggLayer use case example involved a user on Ethereum L2 chain X1 holding Dai (DAI) and buying a nonfungible token (NFT) on Polygon’s zero knowledge Ethereum Virtual Machine (zkEVM) without first bridging DAI to the zkEVM. 
See Also: <a class="row-title" href="https://bitcoinworld.co.in/magic-eden-launches-new-program-to-reward-traders-with-nft-token/" aria-label="“Magic Eden Launches New Program To Reward Traders With NFT Token” (Edit)">Magic Eden Launches New Program To Reward Traders With NFT Token</a> 
“From the end-user perspective, this will feel like using a single chain,” Polygon Labs wrote. “Users can interact with [decentralized applications] without needing to know that they are accessing another chain.” 
Polygon Labs’ reason for making AggLayer stems from its belief that blockchains should be a “unified, highly scalable network” similar to the internet but are currently “siloed and lacking interoperability” with users facing poor user experience and scaling limitations. 
<figure id="attachment_63675" aria-describedby="caption-attachment-63675" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-63675" src="https://bitcoinworld.co.in/wp-content/uploads/AggLayer-430x300.webp" alt="" width="512" height="357" srcset="https://bitcoinworld.co.in/wp-content/uploads/AggLayer-430x300.webp 430w, https://bitcoinworld.co.in/wp-content/uploads/AggLayer-717x500.webp 717w, https://bitcoinworld.co.in/wp-content/uploads/AggLayer-860x600.webp 860w, https://bitcoinworld.co.in/wp-content/uploads/AggLayer-768x536.webp 768w, https://bitcoinworld.co.in/wp-content/uploads/AggLayer.webp 886w" sizes="(max-width: 512px) 100vw, 512px">
 <figcaption id="caption-attachment-63675" class="wp-caption-text">
 AggLayer Protocol
 </figcaption>
</figure> 
&nbsp; 
It claims AggLayer will improve the now-widely in-use monolithic and modular blockchain architectures. 
Monolithic blockchains — like Bitcoin — have functions such as transactions, settlements and data availability on a single layer.&nbsp; 
Modular chains — like post-Merge Ethereum — distribute these functions across layers aiming to enhance efficiency. 
“​​Aggregation synthesizes the benefits of both integrated (monolithic) and modular architectures using ZK technology,” Polygon Labs wrote. 
The first version is slated for launch in February, with a second version pinned for later in the year, which Polygon Labs said will support asynchronous cross-chain transactions. 
The post <a href="https://bitcoinworld.co.in/polygon-to-launch-agglayer-to-make-multiple-blockchains-feel-like-a-single-chain/">Polygon To Launch AggLayer To Make Multiple Blockchains Feel Like “A Single Chain”</a> appeared first on <a href="https://bitcoinworld.co.in">BitcoinWorld</a>.

Polygon To Launch AggLayer To Make Multiple Blockchains Feel Like “A Single Chain”

ItsBitcoinWorld

Other articles published on Jan 25, 2024

Next Cryptocurrency to Explode Thursday, January 25 – Manta Network, Lido DAO, Stellar

Thailand Cryptocurrency Exchanges Getting Ready Ahead Of Crypto Tax Changes

Will Bitcoin ETF Issuers Shun Coinbase? Samson Mow Makes Troubling Prediction

Aptos Integrates Multiple Crypto Analytics Providers to Enhance On-Chain Data Capabilities

Market Volatility Offers Opportunities for Traders: Analysis of SOL, XRP, and ADA Coin

Shiba Inu (SHIB) Jumps 300% Amid Abnormal $178 Million Whale Activity

Join our free newsletter for daily crypto updates!