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Polygon Labs announced that the first version of AggLayer will be released in February.

The goal is to enable developers to connect blockchains to support unified liquidity. AggLayer will provide uniform security between modular and monolithic chains, including those found in the Polygon ecosystem.

This innovative solution will be a critical component of the next network version, Polygon 2.0. Unlike typical interoperability solutions, AlgLayer will aggregate ZK proofs from all connected chains.

“As a central component of Polygon 2.0, AggLayer will use ZK proofs to create a seamless, collective environment that feels like a single chain, even if each chain in the ecosystem remains independent,” said Polygon Labs.

Polygon will primarily run a Layer 2 network based on sidechains and ZK-Rollups, which includes: Polygon zkEVM

In addition, it also offers a software development kit called AggLayer CDK. Many Layer 2 networks, including OKX, Immutable, Astar, Canto, Palm Network, Aavegotchi, and IDEX, have been developed using this CDK toolkit. AggLayer is expected to facilitate the integration of all these chains within Polygon 2.0.

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This integration will provide a dedicated data availability solution for Layer 2 projects using Polygon CDK, such as OKX, Immutable, Astar, IDEX, Palm Network, and others.

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It aims to reduce gas fees for these projects, which are part of Polygon 2.0, a claimed ecosystem of Layer 2 chains that can interact with each other.

Layer 2 networks developed on Polygon’s CDK use zero-knowledge rollup technology. They aggregate transactions off-chain and finalize them in batches on the main chain.

However, these chains require data availability verification. This means ensuring that every network member can securely retrieve and validate the data stored off-chain.

A challenge arises because Ethereum, the platform that these chains rely on, lacks a dedicated execution environment for the DA layer.

As a result, Ethereum nodes need to process and store data on-chain indefinitely, which contributes to the higher fees of Layer 2 solutions. This is where data availability solutions can come in.

Celestia’s strategy includes its own data availability solution that can provide storage bandwidth for multiple Layer 2 networks simultaneously. This solution, which allows networks to run light nodes, makes DA verification easier without creating too much of a burden on the network.

Sandeep Nailwal, co-founder of Polygon, said, “Combined with the interoperability and unified liquidity provided by Polygon 2.0, Celestia’s turnkey solution will make creating new L2 chains as simple and affordable as deploying a smart contract.”

What is Celestia?

Celestia is a modular blockchain network and because it decouples the consensus mechanism, it allows anyone to easily create their own private blockchain, without the hassle of launching a new consensus network. These blockchains on Celestia operate simultaneously, independently, and securely.

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According to Blockchain data, the new token was created at 09:06 UTC on October 25. Its full name is “Polygon Ecosystem Token“.  Also in the announcement, Polygon’s team claimed that POL will implement a “re-staking protocol” that allows token holders to stake multiple chains and perform various functions in the process, promoting a broad ecosystem of “zero-knowledge Layer 2” chains.

Polygon 2.0

The launch of the token will pave the way for the implementation of other aspects of the current Polygon 2.0 roadmap. This includes launching a new staking layer for the Matic ecosystem, additionally upgrading the existing staking (PoS) network to zkEVM Layer 2, and establishing a shared liquidity protocol for all Matic networks, as stated in the announcement.

The team emphasizes that POL is currently not used in any system on the Matic. Both Polygon PoS and Polygon zkEVM continue to be staked with the old token, MATIC, and gas fees on the PoS network are still paid with MATIC. Therefore, users, validators, and application developers do not need to replace their MATIC with POL currently.

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Polygon Labs announced on June 29 that they were developing a new Layer 2 ecosystem. They named this new ecosystem “Polygon 2.0“. On September 14, the team announced their intention to use a new token, POL, in Polygon 2.0. However, at this point, POL is still a proposal and has not yet been distributed to Ethereum.

The proposed Layer 2 ecosystem of Matic will use zero-knowledge proofs to validate transactions between networks. This will compete with the Optimism ecosystem proposed by Optimism Labs, which will use Optimistic Rollup technology to secure communication between networks.

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