Polygon Shines as TIME’s Most Influential Company in Crypto Realm

• Polygon Labs has been named one of the most influential companies in TIME’s 2023 list.
• The company recently launched Polygon 2.0, a significant step forward for the Polygon ecosystem.
• Polygon PoS is set to become a crucial part of the Polygon 2.0 ecosystem as a zkEVM Validium.

Polygon Labs has announced its inclusion in TIME’s list of the 100 most influential companies of 2023. The annual TIME 100 list, known for highlighting the world’s most influential individuals, has expanded its scope to include companies that have made significant contributions to various sectors. In the 2023 edition, Polygon is featured among the prominent names that have solidified their position as a transformative force in the digital asset industry. This recognition serves as evidence of Polygon’s growth and impact on the blockchain sector.

Polygon 2.0 Launched Recently

Over the past 18 months, Polygon Labs has introduced the industry’s fastest ZK proof system and launched the sole EVM equivalent, zkEVM, on the mainnet. Last week, the company released Polygon 2.0, which is supported by ZK technology and offers unlimited scalability and unified liquidity vision. Polygon 2.0 represents a significant step forward for the Polygon ecosystem. A key component of the Polygon 2.0 vision is that every Polygon chain should be a ZK Layer-2.

The company recently announced a proposal to upgrade Polygon PoS to zkEVM Validium, the first decentralized ZK Layer-2 of its kind. This upgrade represents an important milestone for the ecosystem, as it ensures that Polygon PoS will become a fundamental part of the Polygon 2.0 ecosystem. As a zkEVM Validium, Polygon PoS inherits Ethereum’s unparalleled security while maintaining low fees and high scalability.