Polygon Exploring Use of ZK Technology for Main Chain, Co-founder Bjelic Says
Polygon, an Ethereum scaling project, is exploring ways to bring “zero knowledge” or ZK technology – seen by many experts as a major advancement in cryptography’s use in blockchains – to its main chain.
Reddit Has Given Away Over a Million Super Bowl NFTs on Polygon
Reddit’s Collectible Avatars project is a prime example of an effective Web3 on-ramp, as the discussion platform has delivered millions of free NFTs to users in recent months. And thanks to a new collaboration with the NFL on free Super Bowl NFTs, Reddit is about to hit another major milestone.
Shemaroo Makes Web3 Debut on Polygon To Release Bollywood NFTs
Shemaroo recently announced its Web3 debut on the Polygon network. The media company joined hands with Polygon Labs to launch Virtasy. io exclusively on the network.
Polygon’s Biggest P2E Game, Planet IX Records Staggering Growth on BitKeep NFT Market
Built on the fast, secure, and scalable Polygon blockchain, Planet IX, a popular Play-to-Earn (P2E) game, has experienced a significant increase in transaction volume since partnering with BitKeep. This growth is a testament to Bitkeep's commitment to providing a seamless and secure trading experience for its users, making it the perfect home for P2E games and NFTs.
Polygon ZK Rollups: Everything You Need To Know
Polygon ZK rollup is a significant advancement in the field of blockchain technology. It enables faster and cheaper transactions, while still maintaining the security and decentralisation of the Ethereum network.
Board Member of Crypto-Friendly Silvergate Bank Leaves for Polygon
A member of Silvergate’s board of directors resigned Thursday, the crypto-friendly bank disclosed in a recent filing with the Securities and Exchange Commission (SEC).
Over 49K Addresses Purchased 4B+ MATIC at $1.02, Forming Strong Support
Polygon (MATIC) has formed a reliable support base between the $0.94 and $1.11 points as 49,500 addresses purchased 4.65 billion MATIC tokens at the price range, creating a massive demand wall that could serve as opposition against the bears in the event of a downward trend.
Coinbase Will Add Support for Voxies (VOXEL) on Polygon Network
Coinbase will add support for Voxies (VOXEL) on the Polygon network. Do not send this asset over other networks or your funds may be lost. Inbound transfers for this asset are available on @Coinbase & @CoinbaseExch in the regions where trading is supported.
Bitcoin (BTC) Jumps By 0.74%, Ethereum (ETH) Up By 1.03%
The market is trading in green as significant coins are showing an increase today following the announcement by Genesis of reaching an agreement with the Digital Currency Group and Gemini. At the time of writing, Bitcoin increases by 0.74% in the last 24 hours. Ethereum hikes by 1.03%.
Bloomberg Strategist: ‘No L2 Has Created More Network Effects for Ethereum Than Polygon’
Recently, Mike McGlone, a Senior Macro Strategist at Bloomberg Intelligence (Bloomberg’s research arm on the Bloomberg Terminal”), shared his thoughts on the impact of layer 2 (L2) scaling solutions on Ethereum. Polygon is “a decentralised Ethereum scaling platform that enables developers to build scalable user-friendly dApps with low transaction fees without ever sacrificing on security.” The Polygon Lightpaper describes Polygon as “a protocol and a framework for building a connecting Ethereum-compatible blockchain network.” According to the February 2023 edition of Bloomberg Intelligence’s “Crypto Outlook” report, 2022 was a defining year for Ethereum, despite a decline in activity on the base chain. McGlone attributes this success to the widespread adoption of NFTs and Web3 applications on Layer-2 (L2) chains. (cryptoglobe)
