2024

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Polygon

<ul> 
 <li><strong>Polygon and NodeKit collaborate to enhance composability in Ethereum’s CDK rollups.</strong></li> 
 <li><strong>The partnership aims to address blockchain fragmentation and improve cross-chain synchronization.</strong></li> 
</ul>  
<p>In a turn of events, <a href="https://www.crypto-news-flash.com/breaking-polygons-community-grants-program-sets-aside-23-million-for-developers/">Polygon’s Community Grants Program, which set aside $23 million for developers</a> as highlighted by a CNF post earlier this June, has announced a new collaboration with NodeKit. Founded in the USA, NodeKit serves as a composability layer that facilitates synchronous communication between blockchains.</p> 
<p>This partnership aims to build systems that will make rollups the default option for blockchain-based system development. Together, the new team will scale web3 and address fragmentation by restoring composability to Ethereum. Polygon highlighted this collaboration in a recent tweet.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f91d.png" alt="🤝" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/nodekitorg?ref_src=twsrc%5Etfw">@nodekitorg</a> is bringing synchronous composability to the AggLayer and CDK chains by way of the Composable Network</p> 
 <p>that’s right. aggregated composability. <a href="https://t.co/kEYxgXXBss">https://t.co/kEYxgXXBss</a></p> 
 <p>— Polygon | Aggregated (@0xPolygon) <a href="https://twitter.com/0xPolygon/status/1805972243970769216?ref_src=twsrc%5Etfw">June 26, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>Specifically, NodeKit has partnered with Polygon to integrate its composability layer with Polygon’s CDK rollups and AggLayer. This integration aims to address fragmentation in the blockchain ecosystem and <a href="https://www.crypto-news-flash.com/polygon-introduces-pessimistic-proof-for-enhanced-chain-security-can-it-propel-matic-price-to-8/">enhance</a> cross-chain synchronization, allowing for a more seamless and unified blockchain experience for the communities.</p> 
<h2 id="technological-enhancements">Technological Enhancements</h2> 
<p>What is super interesting is that the integration leverages Zero-Knowledge (ZK) proofs to improve inter-chain communication. This means, this technological enhancement <a href="https://www.crypto-news-flash.com/polygon-labs-and-toposware-unite-for-next-gen-zk-technology-development/">will bolster security, scalability, and compatibility</a> for all the projects on Polygon, thus increasing their means to reach and operational capacity. Subsequently, this collaboration is expected to significantly benefit the broader blockchain community by providing more robust and efficient solutions including Ethereum’s CDK rollups.</p> 
<p>As predicted in a previous CNF post earlier this June, <a href="https://www.crypto-news-flash.com/polygon-price-prediction-could-matic-see-0-30-as-continues-to-slide-with-near-rollblock-one-of-few-cryptos-giving-gains/">recent declines in Polygon (MATIC) have led some analysts to speculate that it may fall to $0.30 during a larger downturn in the cryptocurrency market</a>. At the time of writing, Polygon (MATIC) trades at <strong>$0.546</strong>, experiencing a decrease of <span style="color: #ff0000;"><strong>2.13%</strong></span> in the past day and <span style="color: #ff0000;"><strong>7.64%</strong></span> in the past week.</p> 
<p><span data-sheets-root="1" data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;&quot;}" data-sheets-userformat="{&quot;2&quot;:513,&quot;3&quot;:{&quot;1&quot;:0},&quot;12&quot;:0}"></span></p>
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Polygon and NodeKit Collaborate to Boost Composability in Ethereum’s CDK Rollups

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