Matic rebrands to Polygon in pursuit of âPolkadot on Ethereumâ strategy The Layer-two protocol plans to become an aggregator and interoperability facilitator for Ethereum scalability solutions. 18273 Total views News
The Matic Network, a project developing an Ethereum-based layer-two solution and an independent proof-of-stake blockchain, announced Tuesday that it would rebrand to Polygon. While the existing products and the token would remain largely the same, the new branding signals a strategic change to become a layer-two aggregator.
Polygon is set out to support other Ethereum scalability solutions, notably Optimistic Rollups, ZkRollups and StarkWareâs Validium, in addition to its in-house platforms. The strategy will be implemented through a new Polygon SDK, which will allow developers to build their DApps on a scalable and Ethereum-anchored infrastructure, without having to choose any technology in particular.