Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

THE PROTOCOL:  Polygon | Building a Unified Environment for Value and Liquidity

THE PROTOCOL: Polygon | Building a Unified Environment for Value and Liquidity

FromCoinDesk Podcast Network


THE PROTOCOL: Polygon | Building a Unified Environment for Value and Liquidity

FromCoinDesk Podcast Network

ratings:
Length:
47 minutes
Released:
Apr 5, 2024
Format:
Podcast episode

Description

Brendan Farmer, Co-Founder of Polygon, gives an overview of Polygon's Ecosystem and its adoption and benefits of the Ag Layer.This episode is sponsored by the Stellar Community FundFollow the show here for more.In this installment of "The Protocol," hosts Brad Keoun, the founding editor of The Protocol Newsletter, and tech journalists Sam Kessler and Margaux Nijkerk, dive into the strategy and vision behind the Ag layer, which aims to solve the problem of L2 fragmentation on Ethereum with Brendan Farmer Co-Founder of Polygon.Polygon is focused on building a unified environment for value, liquidity, and state in the Ethereum ecosystem. The Ag layer connects different mini-ecosystems within  Polygon and allows chains to plug into the liquidity and value that already exists.TakeawaysPolygon's strategy is to build a unified environment for value, liquidity, and state in the Ethereum ecosystem.The Ag layer connects different mini-ecosystems within Polygon and allows chains to plug into existing liquidity and value.The Ag layer includes a builder marketplace where builders can simultaneously build blocks across multiple chains, providing users with a seamless experience.The goal is to create a positive-sum outcome for all chains involved and avoid fragmentation in the ecosystem.Chapters00:00 Introduction and Guest Introduction01:19 Polygon's Strategy and Tech Shift06:50 Analogies for Understanding the Ag Layer07:26 Adoption and Benefits of the Ag Layer09:36 Overview of Polygon's Ecosystem10:54 Polygon Today: POS Chain and ZKVM Chain12:28 Polygon's Technological Innovations14:35 POS Chain and the Future of Polygon19:42 The Ag Layer as a Connector22:02 Competition and Collaboration in the Industry23:36 Avoiding Fragmentation and Rent-Seeking25:23 The Challenge of Monetizing Users in Crypto27:44 The Builder Marketplace and Block Building28:16 MEV and the Ag Layer32:16 Addressing Outages and Ensuring Stability34:44 Precautions and Warnings for Users38:27 The Eigen Layer and L2 Vision40:17 The Den Koon Upgrade and the Blob Market-Sign Up for THE PROTOCOL NEWSLETTER EPISODE LINKS |  Polygon Acquires Ethereum Scaling Startup Mir for $400M Polygon Plans 'AggLayer,' in Bid to Synthesize Modular, Monolithic Blockchains Polygon Releases 'Type 1 Prover,' Claiming Milestone Set by Ethereum's Vitalik Buterin Polygon, StarkWare Tout New 'Circle STARKs' as Breakthrough for Zero-Knowledge Proofs  -From Our Sponsor: The Stellar Community Fund (SCF) is an open-application awards program that draws on community input to support developers and startups building on Stellar and Soroban. Accelerate your web3 project today.Apply for Funding at communityfund.stellar.org-The Protocol has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “Take Me Back” by Strength To Last.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Apr 5, 2024
Format:
Podcast episode

Titles in the series (100)

The top stories and best shows in the blockchain world, delivered daily from the team at CoinDesk.