TON Blockchain Ecosystem to Get New Layer-2 Network Based on Polygon Tech
The new protocol, called the TON Applications Chain (TAC), will make use of Polygon’s Chain Development Kit (CDK), as well as their AggLayer.
Polygon Creates New Grants Program, 1B POL Unlocked Over 10 Years
The program will tap into funds made available by Polygon’s Community Treasury, and the team shared that roughly 100 million POL tokens will be given out each year.
Polygon Acquires Zero-Knowledge Cryptography Firm Toposware
Sources close to the deal told CoinDesk that the company was valued at $30-50 million. The purchase means that Polygon Labs has invested over $1 billion on zero-knowledge research and acquisitions, the team shared in a press release.
Avail Data Availability Integrated by Arbitrum, Optimism, Polygon, StarkWare, ZkSync
The chains' users will be able to opt in or out to use Avail for data availability, to stash the reams of data produced for all their transactions taking place.
Union Labs Plans Polygon-to-Cosmos Bridge with New AggLayer Integration
The new technology from Union Labs comes after the blockchain interoperability project raised $4 million in November.
P2 Ventures Commits $50M Via Hadron FC to Startup Founders in Polygon Ecosystem
P2 was spun out out of Polygon Labs last year and now is allocating funds and mentorship to support project founders, including those focused on the Polygon blockchain ecosystem. A Hadron FC contributor said the community offered the right "capital and vibes."
Crypto Exchange OKX's Polygon-Powered Layer 2, 'X Layer,' Hits Public Mainnet
OKX's comes as other major cryptocurrency exchanges, like Coinbase and Kraken, have also pursued their own layer 2 networks over the last year.
Avail, Blockchain Data Availability Project, Sketches Out Eligibility for Token Airdrop
A screenshot of a document describing the eligibility criteria for the airdrop was posted on the social-media platform X by the user @Bitcoineo, and Avail’s public-relations team flagged the tweet to CoinDesk, describing it as a "leak."
Polygon Labs Paid $4M to Host Starbucks' Failed Foray Into Crypto: Sources
The blockchain developer gave the coffee giant a $4 million grant as part of their 2022 deal to build an NFT-powered loyalty program that is now being shuttered.
Cosmos-Based Canto Blockchain Reverses Course on Polygon Layer-2 Plans, Unveils New Roadmap
Canto will remain a Cosmos layer 1 network rather than shift to the Ethereum ecosystem, as previously announced. Its new Cyclone Stack will include upgrades aimed at scaling and improving performance of the blockchain.
