Polygon Profile picture
Feb 28 โ€ข 9 tweets โ€ข 3 min read
The FUTURE of digital identity management is here ๐Ÿ’ซ๐Ÿชช

Introducing #PolygonID, a decentralized and privacy-preserving solution for SSI in #Web3. Polygon ID implements the Iden3 protocol and is built to overcome challenges in SSI adoption.
The internet was built without an identity layer, leading to reliance on centralized platforms that exploit personal data. The Self-Sovereign Identity (#SSI) movement aims to change that by giving users control over their personal data.
The SSI ecosystem is composed of Issuers, Identity Holders, and Verifiers. Decentralized Identifiers (#DIDs) and Verifiable Credentials have become the industry standard for SSI, with over 100 DID methods registered.
Polygon ID combines the benefits of the standard with the unique benefits of a Web3 native solution, providing better privacy for users compared to VCs and SBTs.
Zero-knowledge proofs (#zkp) play a crucial role in solving the challenges of decentralization and self-sovereignty in SSI. Polygon ID uses zkp to provide enhanced solutions to the challenges of SSI at different levels of the architectural design.
Identity Definition: Polygon ID's innovative approach to identity definition, through the use of zkp, decouples identity from keys. Identity can be represented by multiple identifiers and is not just a public key.
Identity State: Polygon ID introduces the concept of an "Identity State", allowing for privacy-preserving proofs, making it easier to implement Proof of Uniqueness in various applications.
By making Proof of Uniqueness more common, Polygon ID has the potential to revolutionize the way we interact with the internet, protecting privacy while also streamlining the digital experience.
If youโ€™re interested in learning more about what makes Polygon ID tick, check out this technical deep-dive thread on @0xPolygonDevs ๐Ÿ’œโœจ

โ€ข โ€ข โ€ข

Missing some Tweet in this thread? You can try to force a refresh
ใ€€

Keep Current with Polygon

Polygon Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @0xPolygon

Mar 1
ZERO KNOWLEDGE IDENTITY FOR WEB3

The Polygon ID team is excited to announce 4 tools have been released in the #PolygonID Identity Infrastructure to build a more equitable internet that places identity at the center of it.

The future is self-sovereignโ›“๐Ÿชช
bit.ly/3ky8e5Z
In 1993, the New Yorker cartoon "On the Internet, nobody knows youโ€™re a dog" highlighted a major issue with online identity.

Today, Polygon ID is one step closer to helping devs solve this problem with a self-sovereign, decentralized, and private identity infrastructure stack ๐Ÿ‘๐Ÿฝ
Polygon ID leverages the Iden3 protocol and Circom ZK toolkit.

This Identity Infrastructure allows anyone to become an issuer, verifier, or holder of a Web3 identity. Off-chain data can now be used for trustless, on-chain verifications in a Verified Credential format.
Read 9 tweets
Feb 28
THE WAIT IS OVER - the new & improved website is finally here. ๐Ÿ‘๐Ÿฝ

We've revamped our site to put our tech, community, and ecosystem FRONT AND CENTER. All with the help of YOU, our community.

Browse around: polygon.technology
Weโ€™ve improved the browsing experience, to make it easier to find the information you need and added useful resources like:

โ†’ learning materials
โ†’ building resources
โ†’ community tools
โ†’ partner spotlights
๐Ÿ’œ
๐ŸŒ๐ŸŒ๐ŸŒ
Hereโ€™s a preview of more to come, based on YOUR feedback:

โ†’ self-service features
โ†’ dApp spotlights
โ†’ partner-specific resources
Read 4 tweets
Feb 27
Ripio is building #onPolygon ๐Ÿš€

@RipioApp, a crypto pioneer in Latin America with 7M+ users, is integrating with the Polygon network.

Learn more: beta.polygon.technology/blog/ripio-comโ€ฆ Image
By integrating with Polygon, Ripio's users will have access to a wider range of #Web3 protocols and enjoy faster and cheaper transactions with:
๐Ÿ‘‰๐Ÿพ Ripio Trade
๐Ÿ‘‰๐Ÿพ Ripio Portal
๐Ÿ‘‰๐Ÿพ AND Ripio Wallet
These deployments will allow the Ripio community to connect to:

โ˜๏ธ DeFi protocols, like @AaveAave, @QiDaoProtocol & @Uniswap

โ˜๏ธ NFT marketplaces, like @opensea & @MEonPolygon

โ˜๏ธ play-to-earn games, like @aavegotchi & @DecentralGames

WITH lower fees than the Ethereum network.
Read 4 tweets
Feb 3
And just like that @dopex_io, the decentralized options protocol, has launched #onPolygon.

Users can now take advantage of the range of options products Dopex has to offer ๐Ÿ™Œ๐Ÿพ

Learn more ๐Ÿ‘‰๐Ÿพ blog.dopex.io/articles/produโ€ฆ
๐Ÿงต๐Ÿ‘‡ Image
With this launch, Dopex will bring Atlantic Straddles and SSOVs (Single Staking Option Vaults) to the @0xPolygonDeFi ecosystem ๐Ÿ’ฅ
The initial phase of the launch includes the introduction of Dopex's Atlantic Straddles, a unique strategy that allows investors to capitalize on market volatility.

AND option buyers now have the ability to borrow funds deposited to protect against liquidation ๐Ÿ’ช๐Ÿผ
Read 5 tweets
Jan 4
What happens when scalability meets cutting edge DeFi capital efficiency.
A few highlights of @Uniswap journey on Polygon in 2022. Image
The low gas fees environment on Polygon brought two new dynamics to Uniswap v3 protocol.
- more traders could participate
- LPs could potentially more engage in active rebalancing
The protocol started the year at $1.96 billion spot trading volume in January 2022. The annual volume was a whopping $28 billion in the year 2022.
The month of November got the highest volume of $3.9 billion. Image
Read 5 tweets
Dec 6, 2022
๐ŸŽท๐ŸŽธ๐ŸŽบ๐ŸŽป๐Ÿฅ๐ŸŽน

A new era in the music industry ๐ŸŽถ

@Lgnd_Music announced a multi-year partnership with @warnermusic and Polygon for a new collaborative, digital collectible platform, LGND Music

lgndmusic.com
Polygon is now the leading on-ramp to #Web3, used by some of the worldโ€™s biggest companies.

Weโ€™re beyond thrilled to provide the infrastructure for the platform, offering music lovers:
โ›ฝ Lower gas fees
๐Ÿš€ Faster transactions
in an open, permissionless & sustainable environment.
LGND Music, enables you to play music digital collectibles, or โ€œVirtual Vinylโ€, on-the-go.

Also, select @warnermusic artists will launch their digital collectibles & connect fans with special content and experiences โœจ
Read 5 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(