Polygon

Following the recent earthquake in Japan, the web3 community is rallying together to show support and solidarity. @hashpalette and others are raising awareness about accepting crypto donations, including MATIC, to aid in relief efforts. Find out more below.

Polygon zkEVM has implemented a new mechanism called effectiveGasPrice on its Mainnet Beta. This mechanism uses the execution amount of a transaction and data availability to provide users with more accurate and complete transaction fees. Users can view and test the algorithms for effectiveGasPrice.

Polygon Village, an all-encompassing program for founders building on Polygon, has received over 1,000 applications for support since its relaunch. The program offers strategic support, funding, mentorship, co-working spaces, and introductions to venture capitalists. It consists of three main tracks: Community Grants, Village Build Ideas, and Village Startup Support. The program also includes a Village Council to oversee the Startup Support and Build Ideas programs, as well as over 40 mentors and dozens of solution providers offering discounted solutions and services.

Polygon PoS has successfully transitioned from manual snapshotting to an automated system for capturing chaindata snapshots. This transition has allowed them to save time and reduce costs. The process involved careful architecture design, strategic decision making, and the utilization of tools like AWX, Terraform, and Cloudflare R2.

The collaboration between @0xPolygonID and platforms aims to address the issues of data leaks, identity theft, and remembering passwords that make proving identity a hassle. Devs are encouraged to implement Polygon ID in their dApps, while users are urged to reclaim their identity and privacy.

Polygon community discusses their predictions on the future of ZK tech by the end of 2024.

Starbucks Korea has partnered with Polygon (previously known as 0xPolygon) to promote sustainable-sipping by utilizing NFTs. Starting from January, customers can earn eco-stamps for every eligible drink ordered using a personal cup, and these stamps can be exchanged for limited-edition NFTs. The eco-stamps and NFTs will be stored in the Starbucks app wallet.

Quadratic Funding (QF) is a resource allocation method in democracy mode. It involves distributing grants based on the number of backers a project has. The Polygon Village's Grants Program will use QF to distribute Community Grants, ensuring transparency and alignment with the community's sentiments.

A pilot program on the Polygon blockchain aims to strengthen the resilience of those impacted by climate change and unpredictable weather patterns. The program uses conditional payments and smart contracts tied to remote sensing data to automatically deploy funds based on predefined conditions triggered by verified data. The initial pilot will support pastoralists in Kenya who have been affected by the region's worst drought in 40 years.

Polygon CDK is being integrated with three new projects: HyperOracle, Reya, and Gateway. HyperOracle will provide programmable oracle solutions for the Polygon protocols, Reya will seamlessly integrate CeFi & DeFi on Polygon, and Gateway will introduce a new execution client (cdk-erigon) for Polygon CDK, making it the first multi-client zkEVM tech stack. These integrations will bring various benefits such as verifiable compute, access to historical onchain data, enhanced capital efficiency, reduced execution risks, and improved throughput for users of the Polygon ecosystem.