Polygon

An Ethereum-based project focused on scaling solutions and zero-knowledge innovation has been named one of the most transformative companies globally by Fast Company in 2024. The project expressed gratitude to its community of builders and developers, emphasizing the collaborative nature of its work. With a focus on aggregating solutions for the future, the project aims to push the boundaries of Ethereum scaling and privacy-preserving technologies.

The platform @librecap is now live, providing onchain access to Brevan Howard and BlackRock funds.

Wilder World, a gaming metaverse platform, is leveraging Polygon's Commit Decentralized Kernel (CDK) and Celestia to build a hyper-scalable, gasless on-chain ecosystem for gaming experiences. This collaboration aims to deliver an open gaming world with seamless integration and scalability enabled by Polygon CDK's gasless transactions and Celestia's underlying infrastructure. An upcoming discussion on March 20th will delve into how this aggregated vision contributes to Wilder World's ambitious goals.

Recent developments indicate a growing interest from institutional investors in tokenizing assets and conducting transactions on blockchain networks like Polygon. Major institutions such as Sygnum, Hamilton Lane, and Apex Global Group have launched tokenized funds worth billions of dollars on Polygon's Proof-of-Stake network. This shift towards digitally native finance allows institutions to tap into global liquidity pools and a composable ecosystem of financial products. By tokenizing shares and conducting transactions on-chain, institutions aim to achieve disintermediation, accessibility, and capital and operational efficiencies. This trend suggests that institutional finance is preparing to capitalize on the potential of blockchain technology for composable and aggregated financial products in the future.

Pioneer Aze Cards, developed by RizeLabs, is leveraging Polygon Miden's actor-based execution model to introduce cryptographic fairness to online poker. Aze Cards utilizes Polygon Miden's capabilities to prove trust in every aspect of the game, including shuffles, hands dealt, bets placed, and payouts. This innovative approach aims to enhance privacy and scalability for online poker.

Polygon has announced the Elderberry upgrade for its zkEVM Mainnet Beta. This upgrade brings ROM optimizations to reduce certain out-of-counter errors on the network. While end users do not need to take any action, infrastructure developers are required to update to the latest node and prover versions. Detailed instructions and repositories are available in Polygon's official blog post. For further assistance, developers can refer to the forum post provided.

The Graph Network, a decentralized protocol for indexing and querying blockchain data, has announced support for Polygon PoS. This move aims to enhance data accessibility and foster innovation within the DeFi and broader Polygon ecosystem. Developers building on Polygon PoS can now leverage The Graph Network's capabilities, enabling them to query data more efficiently and create dynamic user experiences. The announcement is part of The Graph's Sunrise initiative, which includes upcoming releases such as a free query plan and an upgrade wizard to benefit developers further.

On March 13th, 2024, an enigmatic event occurred - the arrival of unidentified entities referred to as 'the blobs.' Details surrounding this phenomenon remain scarce, leaving many questions unanswered about the nature and implications of these blobs.

Swell Network is developing a Layer 2 restaking platform utilizing Polygon's Cosmetic Diffusion Kernel (CDK) and integrating with the Aggregation Layer. This innovation is facilitated by collaborations with Alt Layer, Eigen, and Chainlink. The Polygon ecosystem continues to push the boundaries of decentralized finance scalability and efficiency through zero-knowledge technology.

The Ethereum Improvement Proposal (EIP) 4844 is set to go live on the Ethereum network tomorrow. This update will introduce blob storage, which is expected to reduce transaction fees on the Polygon zkEVM by 2X to 5X when it is implemented on the Polygon zkEVM testnet in April and mainnet in early May as part of the zkEVM Feijoa upgrade. The Polygon PoS chain will not benefit from this update as it is not a rollup. Polygon CDK chains using Ethereum calldata for data availability will also see similar fee reductions later this year, while those using other solutions are already experiencing low fees.