Agglayer, a promising modular blockchain ecosystem, has just reached an important milestone in its testing process. In the newly released testnet version v0.2, Agglayer has successfully deployed pessimistic proofs, opening up the possibility of connecting heterogeneous blockchains. This is an important step before the primary network is officially launched in early 2025.
Agglayer, a decentralized cross-chain connectivity protocol developed by the Polygon (POL) ecosystem, will be launched on the mainnet in early 2025. This information was officially announced by Sandeep Nailwal, the co-founder of Polygon.
On December 20, 2024, the blockchain activated testnet v0.2. This testing phase will focus on the deployment of pessimistic proofs, a core element in connecting EVM-based chains through Agglayer, regardless of the technology stack used by each chain.
The Polygon team emphasized that testing pessimistic proofs is crucial to ensure the secure and non-forgeable transfer of value between components in the Agglayer ecosystem. Pessimistic proofs help protect the integrity of data by tracking balances across chains, allowing chains to securely execute transactions and transmit information.
The transition to Agglayer is an important development in Polygon's strategy for 2024. This meta-blockchain will change the way blockchains on the EVM and other blockchain ecosystems interact.
With the establishment of a new tokenomics model, POL, the core asset of the Agglayer ecosystem, will replace MATIC as the gas currency on the Polygon platform. Additionally, the key use cases of Agglayer have been announced, including DeFi, Gaming, RWA, and AI+DePIN.
In a recent development, the Agglayer developers have also hinted at the possibility of collaborating with Solana (SOL), Polygon's main competitor, within the Agglayer framework. On December 19, Agglayer shared a summary of the key use cases they are targeting. Thanks to its unique cross-chain connectivity opportunities, Agglayer will become the top choice for DeFi projects, helping to solve the problem of liquidity fragmentation. Additionally, Agglayer will also build a set of cost-effective blockchains focused on the gaming sector, such as ImmutableX and Ronin Network, to create the next generation of GameFi.
For the real-world asset (RWA) segment, Agglayer will open up opportunities for fractional ownership of assets across multiple blockchains simultaneously. Finally, this new ecosystem will drive the strong development of AI and DePIN networks, thanks to its ability to process large-scale cross-chain dApps, paving the way for a promising future for decentralized applications.
Disclaimer: This article is for informational purposes only and not investment advice. Investors should do their own research before making decisions. We are not responsible for your investment decisions.
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