“As projects evolve and mature, it is natural for visions to evolve, and sometimes diverge. With this in mind, I can no longer contribute to Polygon to the best of my abilities,” he wrote. “That said, I remain confident that Polygon leadership is committed to the success of the project. I’ll always be cheering from the sidelines, and supporting however and whenever I can.”
Founded in 2017 by Sandeep Nailwal, Jaynti Kanani, and Anurag Arjun, the blockchain startup attracted top investors like Mark Cuban, SoftBank, Tiger Global, and Sequoia Capital. However, the euphoria has since waned.
The migration represents a significant shift for Celo, which originally launched as an independent layer-1 blockchain in 2020. By adopting the OP Stack—a framework designed for building layer-2 networks—Celo aims to improve transaction speed and cost efficiency while inheriting Ethereum’s robust security and decentralization.
Portal to Bitcoin provides a decentralized way to access Bitcoin liquidity. It combines the Lightning Network and atomic swaps to ensure security and eliminate the need for centralized intermediaries or custodians.
Abstract is a new Layer 2 blockchain being built using Matter Labs' ZK Stack and EigenLayer's data availability layer EigenDA to help make the process of developing decentralized apps easier, cheaper, and safer.
