Price: $0.39551 1.7344%
Market Cap: 58.1B 1.7606%
Volume (24h): 8.52B 0.4%
Dominance: 1.7606%
Price: $0.39551 1.7344%
Market Cap: 58.1B 1.7606%
Volume (24h): 8.52B 0.4%
Dominance: 1.7606% 1.7606%
  • Price: $0.39551 1.7344%
  • Market Cap: 58.1B 1.7606%
  • Volume (24h): 8.52B 0.4%
  • Dominance: 1.7606% 1.7606%
  • Price: $0.39551 1.7344%
Home > Information news > Polygon Shifts Focus from 'Edge,' the Dogechain Builder, to ZK

Polygon Shifts Focus from 'Edge,' the Dogechain Builder, to ZK

Release: 2023/12/16 13:35 Reading: 820

Original author:Coingabbar

Original source:https://coinmarketcap.com/community/articles/657d31237e9ccb5f1618bfd0

Polygon Shifts Focus from 'Edge,' the Dogechain Builder, to ZK

Polygon Labs phasing out support for older Edge

Polygon Labs, the main group behind the Polygon blockchain world, shared that they've stopped working on Polygon Edge, a tool used for making networks like Ethereum. This tool was used as a model for Dogechain, which aimed to bring decentralized finance (DeFi) to the Dogecoin community.

They're now putting their effort into something new called Polygon CDK. This CDK is like a framework that helps create layer-2 blockchains using fancy math called "zero-knowledge cryptography," often shortened to "ZK."

So, basically, the group in charge of Polygon's blockchain decided to stop working on a tool called Polygon Edge that helped make networks similar to Ethereum. They did this because they're now more interested in this new thing called Polygon CDK, which helps create another type of blockchain using a cool math called zero-knowledge cryptography. This math stuff has become super popular in the crypto world for making new projects and improving existing ones.

Polygon Labs' Embrace of Zero-Knowledge Technology

Throughout this year, Polygon Labs' top leaders have been hinting at a move towards zero-knowledge (ZK) technology. In March, they launched Polygon zkEVM, a brand-new network that works like Ethereum but with ZK power. Now, the team is shifting gears, urging blockchain creators to explore "Polygon CDK," a blueprint for crafting fresh layer-2 networks using this innovative technology.

According to Polygon Labs' recent blog post, the environment in which their earlier tool, Edge, was developed has shifted. They now throw their weight behind a solution that empowers developers to build within a future ecosystem dominated by ZK-powered layer-2 systems. Prominent projects like Immutable, Astar, Canto, Gnosis Pay, and Manta Network have already committed to adopting Polygon CDK.

Polygon's Influence on Dogechain's Trajectory

The white paper for Polygon Edge outlines its flexible framework used to create blockchain networks compatible with Ethereum's smart contracts and transactions. It's been the go-to for launching new networks and scaling solutions in the blockchain world.

Surprisingly, the Dogechain initiative didn't receive backing from key figures in the Dogecoin community. When Dogechain launched, Jens Wiechers, a board member of the Dogecoin Foundation, made it clear through a tweet that the foundation wasn't associated with the project. Even the founders of Dogecoin distanced themselves from Dogechain.

The impact of Polygon's decision on Dogechain's future operations or plans remains uncertain. Attempts to reach out for comments via the Dogechain website didn't yield an immediate response. Queries posed on the project's official Discord channel also went unanswered, leaving ambiguity around any potential changes or effects resulting from Polygon's shift.

Also Read: Brazil Enacts Legislation for Taxation on Cryptocurrency Abroad

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