New Polygon 2.0 architecture

The Polygon Labs development team has published a possible new version of the Polygon 2.0 architecture. It consists of a set of protocols that can ensure collaboration.

What is known about the new version

The development team offers 4 levels that provide certain processes in the crypto network:

  1. Staking.
  2. Interaction.
  3. Execution.
  4. Proof.

Staking is a protocol that works with the PoS consensus algorithm. The Polygon coin (MATIC) is used here to ensure the decentralization of already created chains in the blockchain. This can be achieved with the help of a pool of validators, as well as integrated staking. Validators are awarded a reward for frozen coins, as well as a fee from commission fees when checking transactions.

Interaction conducts exchanges of messages between crypto networks in the ecosystem. This level allows you to abstract the difficulty of cross operations, making the Polygon similar to a single chain. Access to native Ethereum coins is provided, as well as seamless integration. The LxLy protocol is involved here, where the proof of zero disclosure is applied. This protects users.

Execution makes it possible for Polygon cryptosets to create entire blocks of operations that will be consistent. This includes elements that are found in other popular crypto networks, such as Ethereum or Bitcoin.

The proof level is a verification protocol that confirms absolutely all transactions in the crypto network. It consists of three components: a general prover, a state machine and optional elements.

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