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It is safe to say that Polygon has been crying recently.Followed by A DappRadar report Noting more than 75,000 active users and nearly $1 billion worth of value flowing through their layer 2 agreement, the Polygon team announced a new developer SDK to simplify application creation.In the past month, our team at NewsBTC Expect MATIC to continue to succeed, And now the agreement is releasing materials that are more friendly to developers.
Polygon SDK
Polygon tracking applications continue to grow in DeFi and Exchange related categories. Today’s announcement will allow developers to continue this growth. Polygon announced that they will launch a new software development kit (or SDK) for developers to release their own Ethereum connected blockchain. The SDK will contain many different plug-and-play modules, and the team stated that it aims to reflect the “Polkadot on Ethereum” approach.
The SDK will include modules such as consensus, synchronization, TxPool, JSON RPC, and gRPC. The initial version of the SDK will allow developers to create independent chains that are fully interoperable with Ethereum; subsequent versions of the kit will enable development teams to create a layer 2 protocol directly connected to the Ethereum mainnet.
Related Reading | How Polygon became the Indian tiger of the blockchain platform
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With the optimization of the protocol, compatibility with Ethereum is obviously the top priority of the Polygon team. Although the scalability of Ethereum is a major topic, Polygon is at the forefront of the conversation in terms of protocols to solve scalability issues, while still seeking to achieve interoperability. In a statement surrounding the SDK, co-founder Sandeep Nailwal pointed out, “With advanced’layer 2’solutions, Ethereum 2.0 is now or about to go live, and the demand for a comprehensive interoperability framework is stronger than ever. With the Polygon SDK, we are addressing the urgent needs of the Ethereum multi-chain future, including ease of deployment and inter-L2 communication”.
$MATIC has seen a strong recovery after the recent market-wide slide | Source: MATIC-USD on TradingView.com
look forward to
As DeFi continues to flourish, Polygon looks set to continue to be at the forefront. The agreement emphasizes lower gas fees and fast transaction speed compared to Ethereum. The above-mentioned user growth and the transaction speed of the agreement have led to increased market attention. In recent months, the agreement has also taken an outspoken approach to Matic’s rebranding. Therefore, billionaire Mark Cuban is the most recent investor and is quickly implementing it in his NFT portfolio company Lazy.com. Other recent partners include the computing network Aleph.im, which focuses on the security and permanence of the NFT market.
After the news, $MATIC continues to show strong growth, the price is close to a record high, and it hopes to rank among the top 10 cryptocurrencies in terms of market capitalization.
Related Reading | How the integration of Aave and Polygon will maximize user profits
Featured image from Pixabay, Charts from TradingView.com
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