1/9 Beloved @0xPolygon & Ethereum family and dear crypto community,

Today, we are proud and excited to announce Polygon SDK! 🔥🎉

Polygon SDK is an important milestone for Polygon and a major step towards Multi-chain Ethereum! 🦄💫

Keep reading to learn more...
2/9 Our vision is for Polygon SDK to effectively transform Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). 🕸️⛓️

By doing this, it will at the same time further establish Polygon as the leading scaling and infrastructure platform of Ethereum. 💫
3/9 A little known fact is that Ethereum is already the biggest multi-chain in the world!

It has organically developed and grew to host a multitude of chains that are all adding value to its ecosystem:

🔘 150+ EVM chains;
🔘 Hundreds of enterprise chains;
🔘 Dozens of L2s.
4/9 Organic innovation is the beauty and strength of Ethereum, but its side effect is an unstructured, hard to navigate scaling/infra landscape.

Polygon SDK aims to introduce structure to the ecosystem and provide a framework for Multi-chain Ethereum to grow further and faster.
5/9 Multi-chain Ethereum will be akin to other popular multi-chains (Polkadot, Cosmos etc), but with some major upsides:

🔘 Ability to benefit from Ethereum’s network effects;
🔘 Higher security (Polygon chains can inherit security from Ethereum)
🔘 More flexible and powerful.
6/9 Polygon SDK aims to support building two major types of solutions:

1⃣ Stand-alone chains: sidechains, enterprise chains etc.
2⃣ Secured chains aka L2s: Optimistic Rollups, zkRollups etc.

This release supports stand-alone chains, L2s will be introduced in future releases.
7/9 Polygon SDK architecture follows two main design concepts:

🔘 Ethereum-compatibility;
🔘 Modularity.

It is materialized through pluggable modules, grouped into three layers:

🔘 Networking (libp2p, devp2p etc);
🔘 Consensus (Istanbul, HotStuff etc);
🔘 Execution (EVM etc).
8/9 This first public beta release supports an initial set of modules and, as mentioned, stand-alone chains only.

In the future we will be introducing:
🔘 L2 support;
🔘 More consensus algorithms;
🔘 Inter-chain/bridging modules;
🔘 Plugin system;
🔘 Enterprise modules etc.
9/9 Build your Polygon chain today: github.com/0xPolygon/poly… or read the post below for more details and resources.

We are very excited to see Polygon SDK in the wild, helping great projects succeed and making @0xPolygon and Ethereum stronger! 🦄💫🔥

blog.polygon.technology/announcing-pol…

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More from @0xPolygon

25 May
1/5 🔥 Hello Polygon Fam! We are hosting a series of conference sessions at Consensus 2021 by @Coindesk!

📅 Mark your Calendars- May 26, 8 am to 9 am ET

🌐 To Participate :
coindesk.com/events/consens…
2/6 ⏳Here's the Agenda for the Event:

First, @sandeepnailwal, the Co-Founder of Polygon, will share a presentation about the last 12 months and what's in store for next year, followed by two short panels.
3/6 👀 NFT Panel: @dfinzer from OpenSea & Dave Carr from @decentraland will be joining the panel to discuss "Why are artists, creators and NFT projects finding value on Polygon?"
Read 6 tweets
14 May
1/10 Lately we've noticed discussions and, at times, concerns or misinformation about multisigs on Polygon. To address that, here is a quick

TRANSPARENCY REPORT ON POLYGON MULTISIGS

First, it is worth explaining why are multisigs even used by many popular crypto projects.
2/10 Smart contracts on Ethereum are immutable by design, i.e. can not be changed once deployed.

This is a feature, not a bug. Immutability provides guarantees that any funds you put into a contract will only be used according to that contract's code.
3/10 However, this feature has one big downside: if there is a bug or a potential exploit in the code, there is no way to fix it!

In such situations, hackers can potentially steal users' funds and absolutely nothing can be done to stop them.
Read 10 tweets
20 Apr
1/ 💸 Are you ready for Stage 2 of DeFi summer? @CurveFinance is on Polygon, bringing the deepest on-chain liquidity to your favourite stablecoins!

🌐 polygon.curve.fi Image
2/ 🔥 Polygon’s DeFi ecosystem is rapidly growing with more than 100 DeFi projects, including blue chips like @AaveAave and @SushiSwap. This has resulted in the need for deep liquidity for stablecoin pairs, for which Curve is exceptional.
3/ Curve’s mission is to allow for the seamless exchange of stablecoins with low fees and low slippage, and Polygon’s high-speed and low-cost infrastructure is the perfect match for Curve.
Read 4 tweets
14 Apr
1/ 🎉 We’re thrilled to have taken part in @gitcoin Grants Round 9 to support numerous open-source projects as part of the Funders League 🏘

1.88M$ Funded from more than 12,000 contributors during #GR9😍

🥁Here are the Winners of the Polygon Bounties🥁
2/ 🥇Kredeum NFTs: WordPress plug-in to archive and mint NFTs using WordPress Media.

github.com/Kredeum/gr9
3/🥈Tigerz_Finance - Yield Farming Platform + Yield Optimiser for Polygon.

github.com/DappGuy/Tigerz…

🥈MintBot - Bot to mint NFTs directly from Telegram github.com/stevegachau/Mi…
Read 4 tweets
13 Apr
1/ 😎 #DeFiForAll: Kicking off L2 DeFi Summer with 40M+ USD in Liquidity Mining rewards from Polygon for Aave’s Polygon markets!

⛏ Polygon has worked with top DeFi protocols to solve the biggest pains in DeFi, i.e. high gas fees & slow txn speeds.

bit.ly/3damPOm
2/ 🎉 Keeping this objective in mind, we think there’s no better protocol than Aave to showcase the power of Ethereum scalability and make DeFi accessible to everyone across the world via Ethereum Scaling technologies, no matter the capital size.
3/ Polygon’s Ecosystem Partners @QuickswapDEX and @MUSTCometh are also supporting #DeFiforAll in a huge way.

Quickswap will allocate 3% of its supply (30,000 $QUICK) while Comethswap will allocate 2% of their supply (20,000 $MUST) to incentivize the growth of Aave on Polygon!
Read 4 tweets
30 Mar
1/ Hi @0xPolygon community! 👋🏼

We are starting a thread of some great community-led educational videos pertaining to Polygon and the crypto space in general, to help reduce the barriers to entry for the uninitiated!

It's time to make people comfortable with the new paradigm!
2/

#1 There is no better primer to @0xPolygon than this video by @finematics!

It truly captures and deconstructs the essence of Polygon since our rebranding and showcases our way forward!

#2 This video by Bit-rush Crypto can help you get started with how to transfer ETH from Ethereum to Polygon.

🔀 It also shows how to add Matic Mainnet RPC to your MetaMask wallet and perform token swap on Quickswap!

🔗 Link:
Read 6 tweets

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