Polygon MATIC announces three significant developments to launch in 2022
In a blog post, it recalled the highlights of the previous year, 2021, while announcing three major developments for 2022.
Polygon seen in the year 2021 six new solutions: SDK, Avail, Herms, Nightfall, Midden and Zero, with their focus on ZK (Zero-Knowledge) cryptography.
In a $250 million deal, Polygon announced its merger with the roll-up platform Hermez Network in August 2021. Hermez was eventually assimilated into the Polygon ecosystem and became a component of Polygon’s solution under the name Polygon Hermez.
That’s how Polygon Midden, a Star-based, EVM-compatible rollup, was born in November. The primary component of Polygon Midden, the Midden VM, a Stark-based virtual machine, aims to solve the difficulty of the ZK rollup in enabling arbitrary logic and transactions, including EVMs (Ethereum Virtual Machines).
According to the Layer 2 platform, Polygon Hermez and Polygon Midon will launch public testnets in the second and third quarters of 2022, respectively.
In mid-December 2021, the Opera browser announced its integration with Polygon, a partnership that could bring millions of new users to the platform.
The integration will give Opera users in-browser access to the Polygon Network’s 3,000-plus dApps. Some of the most popular dApps will be available, including SushiSwap, Curve and Ave, as well as blockchain games and NFT platforms such as Decentraland, OpenC, Sandbox and Decentral Games.
In the first quarter of 2022, Opera will incorporate the Polygon blockchain into its Web3-ready browser and built-in crypto wallet for Android.
Finally, the EIP-1559 upgrade aims to progress in 2022. U.Today reported on Polygon MATIC launching a burn mechanism similar to Ethereum. Polygon rolled out the EIP-1559 upgrade on its network that will introduce the burning of MATIC tokens and improved fee visibility with the testnet release in December.
According to CoinMarketCap, MATIC, the native asset of the Polygon blockchain, was trading at $2.44 at press time and was the 14th largest cryptocurrency.