Polygon(MATIC) News Archives - Cryptolifedigital

Vitalik Buterin, The Ethereum CEO States Some Comparison Between Zk Rollups And Optimism Rollups.

21Jul

By Cryptolifedigital2 Comments

Ethereum

Vitalik Buterin, The Ethereum CEO States Some Comparison Between Zk Rollups And Optimism Rollups.

The Ethereum CEO, Vitalik Buterin was talking about the ZK rollup launched by Polygon. He highlighted the distinction of zk rollup as compared to optimism rollups in the video tweeted by the Crypto Texan. According to the series of tweets on 20th July by Polygon, the Polygon zero Knowledge EVM which is the first scaling solution that works error-free with all current contracts, developer tools, and wallets, has been released. Read Also: Tesla Sold Out 75% Of Its Bitcoin Holding Due To Incident Of liquidity Of The Company Given COVID-19 Related Shutdowns In China https://twitter.com/0xPolygon/status/1549716947847479302 The protocol is nearest to the Ethereum Virtual Machine, the software framework that developers work with to build dApps on Ethereum. As stated by the builder...

Polygon, the Ethereum layer-2 platform Is The Only Selected Blockchain Platform In the 2022 Disney Accelerator.

17Jul

By Cryptolifedigital1 Comment

Blockchain

Polygon, the Ethereum layer-2 platform Is The Only Selected Blockchain Platform In the 2022 Disney Accelerator.

Polygon is an Ethereum layer-2 platform built to settle the issue of slow speeds, without sacrificing on security and high transaction fees of the Ethereum blockchain. The Polygon platform has been selected by Walt Disney Co. to build Web 3 technology. Polygon is one of six companies selected to participate in Walt Disney’s 2022 Accelerator program, a business and development program aimed at erecting immersive experiences via technology such as AI, augmented reality, and NFTs. Read Also: Charles Hoskinson Responds To The View Of Michael Saylor On Cardano. Disney’s accelerator was launched in 2014, in which the participants were allowed to receive training from the Disney Accelerator Team and from Disney’s Leadership team itself. Polygon Is The Blockchain Selected It was no...

Web3 Protocol Once On Terra Blockchain Migrates To Polygon.

10Jul

By Cryptolifedigital1 Comment

Blockchain

Web3 Protocol Once On Terra Blockchain Migrates To Polygon.

There has been a serious migration of projects from Terra (Luna) and its stablecoin, TerraUSD (UST) since the inception of the collapse of Terra. Dozens of protocols have chosen to move to polygon network (MATIC). For instance, as stated by Wyatt, over 48 projects which include NFT ecosystem One planet and Derby Stars HQ Play-to-Earn protocol, have already moved their development workloads to Polygon Network (MATIC). Read Also: One Of The Largest Ethereum Chain investors, Gimli Acquired A whopping 750 Billion Shiba Inu Worth Of $8.4 Million Web3 Protocol On Polygon Ryan Wyatt, CEO of polygon studio, tweeted on July 8th about the new migration from Terra to Polygon Network. The migration of Web3 protocols from Terra 9Luna) blockchain. https://twitter.com/Fwiz/status/1545555...

Polygon Now Supports ApeCoin with access to 19,000 dApps

3May

By Cryptolifedigital1 Comment

Cryptocurrency

Polygon Now Supports ApeCoin with access to 19,000 dApps

Layer 2 scaling platform Polygon now supports ApeCoin, making it available to more than 19,000 decentralized applications (dApps) and games across the board. Following the historic NFT sale of Yuga Labs, the company behind the "Bored Ape" series of NFTs and ApeCoin said in a follow-up Twitter update: "This has been the largest NFT mint in history by several multiples, and yet the gas used during the mint shows that demand far exceeded anyone’s wildest expectations. The scale of this mint was so large that Etherscan crashed. We’re sorry for turning off the lights on Ethereum for a while." Read Also: Wealth Manager Mike Alfred May Have Left Secret Message to Cardano Community in His Recent Tweet It stated that ApeCoin might need to move to its ch...