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Polygon Labs called the launch of the Polygon token a major milestone on the Polygon 2.0 journey toward building the Value Layer of the Internet. In an announcement on Wednesday, October 25, Polygon Labs announced the launch of its new Polygon Token, POL, on the Ethereum blockchain network. The POL
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Polygon Labs has launched the Ethereum contract for the new Polygon token, POL, according to an October 25 announcement. The new token is intended to replace the ecosystem’s current token, MATIC. However, the team said users presently don't need to exchange their MATIC for POL.The POL token upgrade is now
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“This proposal is a first step in a broader goal of further decentralizing governance for Polygon protocols in a security-oriented and responsible way,” Polygon wrote in their blog post. “Going forward, the community will help steer membership and terms of the Council through direct feedback, PIP proposals, as well as
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Manta Network has unveiled its strategic decision to adopt the Polygon Chain Development Kit (CDK) for the network’s future development. The Polygon CDK is an open-source toolkit designed for the creation of zkEVM Layer 2 solutions. Consistent growth trajectory Following this announcement, developers now have access to the Universal Circuits, a versatile library
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Manta, a layer-2 blockchain network focusing on zero-knowledge (ZK) applications, will migrate its software from OP Stack to Polygon CDK, according to an Oct. 16 announcement. This means that Manta will not be integrated into the upcoming Optimism Superchain and will instead become part of the Polygon ecosystem.Manta Pacific block
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“Even with the proofs available, it really is contingent on someone in the network actually generating a proof,” said Kenny Li, a co-founder of Manta to CryptoX. “There's that long delay on the withdrawal side, which, users are kind of impatient, as they should be. It's their assets.” Source
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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
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Circle has initiated the minting of its stablecoin, USDC, directly on Ethereum’s layer-2 solution, Polygon, aiming to enhance transaction speed and reduce fees. Circle, a major stablecoin issuer, unveiled its plans to mint its stablecoin, USD Coin (USDC), directly on Ethereum’s layer-2 scaling solution, Polygon. This progressive step eliminates the need
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On-chain data shows the trading volumes of XRP and Polygon have hit monthly highs as investors are displaying FOMO towards the assets. XRP,
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