Polygon (MATIC) and Immutable (IMX), two pioneers in the web3 gaming arena are joining forces. In an attempt to escalate the AAA gaming experience via “Immutable zkEVM”. The zk rollup compatible with EVM will be backed by Polygon and the platform will be provided by Immutable. Immutable 🤝 @0xPolygon We
After the prolonged bear market, the year 2023 starts with a bull run in the cryptocurrency industry. Also, the Silicon Valley Bank’s failure, which led the stock markets to face heightened volatility, brought more attention to the digital market. And the global crypto market cap regained its $1.1 trillion cap.
Polygon (MATIC), is one of the most popular Ethereum sidechains. Has released Polygon ID, a web3 identification service that verifies user credentials in a secure manner using blockchain technology. According to the press release, the Polygon ID self-sovereign identity infrastructure stack will help programmers get closer to tackling the issue
Moving steadily towards a Mainnet Beta release in March 2023, Polygon’s (MATIC) zero-knowledge Ethereum Virtual Machine (zkEVM) is making progress. Due in large part to this monumental development, MATIC has seen its price rise dramatically over the last 30 days. Yet ETH whales have been discovered stockpiling MATIC in preparation
Ethereum scaling network Polygon’s Co-Founder Sandeep Nailwal predicted that Ethereum would be the only standard smart contract protocol that overtakes all other layer-1 competitors such as Solana, Aptos, Cardano, and Avalanche. In a recent interview with Crypto Banter, a YouTube channel, Nailwal said; I don’t think there’s going to be
Sandeep Nailwal, the co-founder of Polygon, discussed his forecast for the cryptocurrency environment in an interview. He anticipated that Ethereum would surpass all other layer 1 competitors to become the standard smart contract system. Sandeep Nailwal stated: I don’t think there’s going to be a multi-layer 2 environment. There’ll be
Polygon Labs has reduced its workforce by 20%, citing the need to focus on core competencies across fewer business divisions as the reason for the layoffs. Over one hundred workers were affected; they would be offered three months’ worth of severance as part of the turnaround plan. On the other
Polygon (MATIC) has been a top performer this past week, and with its recent Dogecoin flip, it may be trying to overtake Cardano and Binance USD next. Although the industry as a whole has felt the effects of Bitcoin’s surge to over $25,000, no other altcoin has witnessed benefits on
Polygon Network’s native token MATIC is in the surge over a month’s time period. The token has witnessed seven continuous weekly green candle marches. This is the first of its kind for the token. The beginning of the year 2023 is good for many of the cryptocurrencies and one team
Polygon (MATIC), one of the most prominent scaling initiatives on Ethereum, is preparing to launch a mainnet version of its new Layer-2 scaling solution, zkEVM, on March 27. For this reason, zkEVM will be a ZK-Rollup, which performs computations off-chain on a separate layer. This will facilitate safer, more convenient,
