Let me tell you something VERY important - the Internet became mainstream thanks to two main things:
- Infinite Scalability: Throughput on the Internet scales elastically; when we need more capacity, we build it.
- Unity: Information exists in a shared environment, accessible from anywhere.
But, how does this relate to crypto & blockchains? Well, no chain's infinitely scalable. We need to spawn more chains that introduce additional issues:
- Fragmented Liquidity
- Reduced Security
- Lesser Capital Efficiency
Furthermore, unlike the internet, information is available in a LOT of places (tens/hundreds of blockchains). All the information is available in one place - the Internet. It's all unified (unlike blockchains).
In simple terms, Polygon 2.0 will be a series of proposed upgrades to unify all Polygon protocols with ZK (Zero Knowledge) tech into continuous, unbounded block space. From protocol design to tokenomics to governance, it is the proposed next phase for the protocol that unifies liquidity.
- Why should YOU get excited? -
Well, this information is actually just scratching the surface.
But, my main reason for the excitement is unified liquidity. Application-specific blockchains will be able to be created, while not worrying about liquidity or security. New projects' main focus will be their use cases, not liquidity. Imagine getting all the liquidity available on Polygon's Top dApps (Aave, Quickswap, etc.) from ANY chain.
For example, with the Polygon 2.0 implementation, users will still get access to the PoS (Proof of Stake) network and benefits, without having to do anything in their Web3 wallet. It will be a seamless transition that will maximize the UI/UX.
That means users will be able to lend digital assets with Aave or swap/farm their tokens on QuickSwap, all while receiving the benefits of Polygon 2.0βs new features.
Disclaimer: I'm not an expert by any means, I'm just sharing my thoughts and excitement.
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