Polygon has unveiled an aggregation layer (AggLayer) meant to unify the Web3 ecosystem to offset the existing challenge of scaling limitations.
This is reported to be launched next month. While this is the first version, the AggLayer V2 could support asynchronous cross-chain transactions and is expected this year.
A developer of blockchain projects Polygon Labs has unveiled an aggregation layer to unify the whole of Web3. According to the report, the decision stems from the current challenges of blockchains that pose scaling limitations to users on top of the existing bad UX caused by fragmented liquidity and state. The introduction of different chains is also said to have compounded the problem as the environment largely portrays the “pre-internet era with lack of interoperability.”
The Polygon’s aggregation layer (AggLayer) is designed to unite the divided blockchain landscape into a world of secured L1 and L2 chains to exist like a single chain. The official blog post expl
How Decentralized AI and Zero-Knowledge Proofs Will Democratize Compute
AI is at risk of the same centralization seen in earlier editions of the internet. But another way…