Cryptocurrency News

Polygon (MATIC) is releasing a development kit for the Ethereum-connected chain


Safe to say, has been on a tear lately. On the heels A DappRadar Report Considering more than 75,000 active users and about $ 1B in price flow through their Layer 2 protocol, the Polygon team has announced a new developer SDK for streamlined app creation. In the past month, our team at NewsBTC Expected Continuing Success for MATIC, And now the protocol is opening up more developer-friendly content.

Polygon sdk

Polygon-tracked apps continue to grow in relation to Defy and Exchange-related categories. Today’s announcement will allow developers to continue that development. Polygon announced that they would be launching a new software development kit (or SDK) for developers to free their own Ethereum-linked blockchain. The SDK will include several different plug-and-play modules and the team stated that it was designed to reflect the “Polkadot on Ethereum” approach.

The SDK will include modules such as consensus, synchronization, TxPool, JSON RPC, and GRPC. An early version of the SDK would allow developers to create standalone chains with full interoperability with Ethereum; The following version of the kit will enable dev teams to create layer 2 protocols directly connected to the Ethereum mainnet.

Related reading | How Polygon became the Indian tiger of the blockchain platform

The landscape

Compatibility with Ethereum is clearly uppermost for the polygon team as an adaptation of the protocol. While scalability is a major talking point for Ethereum, it is at the forefront of negotiations in terms of protocols, while looking to implement interoperability. In a statement surrounding the release of the SDK, co-founder Sandeep Nelwal stated that “with advanced ‘layer 2’ solutions, Ethereum 2.0 is all coming online now or soon, requiring a broader interoperability framework than ever before.” Is strong. With the Polygon SDK, we are addressing pressing needs for Ethereum’s multi-chain future, including ease of deployment and inter-L2 communications.

$MATIC has seen a strong recovery after the recent market-wide slide | Source: MATIC-USD on TradingView.com

To hope

As Daffy continues the emergence of a high-flying, polygon continues to be at the forefront. The protocol emphasizes lower gas tariffs and faster transaction speeds relative to Ethereum. The aforementioned user growth coupled with the transaction speed of the protocol has increased market attention. The protocol has also taken a vocal stance in recent months in Matic’s re-brand. Accordingly, billionaire Mark Cuban is a recent investor, and is quickly applying it to his NXT portfolio company Lazy.com. Other recent partnerships include computing network Aleph.im with a focus on security and stability in the NXT market.

Following this news, $ MATIC has continued to show strong growth with prices near record highs, and is trying to crack the top 10 in crypto in terms of market cap.

Related reading | How AV’s integration with polygons will maximize users’ benefits

Featured image from Pixabay, Charts from TradingView.com



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