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Polygon PoS Considering Merger with AggLayer, Here’s Implication
Polygon hinted at a possible merger with AggLayer that would involve its Proof-of-Stake (PoS). This will mark phase 1 of its zkPoS evolution. If the proposal is accepted by the community, the expectation is that the pool of unified liquidity for chains connected to the AggLayer would grow by $2 billion.
Polygon Foundation Lauds PoS Capabilities
There are two main consensus mechanisms in the blockchain ecosystem; the Proof-of-Stake and the Proof-of-Work. Many cryptocurrencies including the firstborn digital currency Bitcoin (BTC) utilize the PoW. It wasn’t until 2022 that Ethereum (ETH) went through a transition to the PoS consensus algorithm through The Merge.
Polygon Foundation believes strongly that PoS is one of the most used blockchains in the world. The algorithm boasts more than 400 million unique addresses and thousands of applications. Polygon PoS prides itself in handling more transac
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