• Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
Thursday, May 26, 2022
CryptoMakers
ADVERTISEMENT
  • Home
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
  • Altcoin
  • Blockchain
  • Business
  • Regulation
  • Trading
No Result
View All Result
  • Home
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
  • Altcoin
  • Blockchain
  • Business
  • Regulation
  • Trading
No Result
View All Result
CryptoMakers
No Result
View All Result

Polygon debuts SDK for building Ethereum-compatible chains

May 26, 2021
in Ethereum
Reading Time: 2min read
A A
0
Polygon debuts SDK for building Ethereum-compatible chains
0
SHARES
3
VIEWS
ShareShareShareShareShare

Polygon developers are set to launch tools to enable the creation of Ethereum-compatible standalone chains and layer-two protocols.

Polygon has announced the launch of its SDK stack that will allow developers to easily deploy their own Ethereum-connected blockchains. SDKs, or software development kits, are single installation packages containing tools necessary for seamless app creation.

According to an announcement on Wednesday, the Polygon SDK contains several plug-and-play modules with custom-made solutions for parameters like consensus and synchronization.

Apart from consensus and synchronization, the Polygon SDK also contains other modules like TxPool, JSON RPC and gRPC. As part of the announcement, Polygon revealed that its SDK was designed to mirror a “Polkadot on Ethereum” approach, which could see the emergence of a multichain network for Ethereum.

The Polygon SDK will reportedly exist in two iterations, with the first version allowing developers to create standalone chains that have complete interoperability with the Ethereum network. In the second Polygon SDK iteration, developer teams will be able to create actual layer-two protocols directly connected to the Ethereum mainnet.

Beyond these two iterations, the Polygon developers are also reportedly keen on enabling open-source collaboration for the SDK. The release announcement stated that there are plans to develop a plugin framework to allow developers to contribute additional modules to the Polygon SDK.

According to Sandeep Nailwal, co-founder of Polygon, the Polygon SDK will play an important role in the future of Ethereum multichain efforts as well as layer-two advancements, stating:

“With advanced ‘Layer 2’ solutions, Ethereum 2.0 all coming online now or soon, the need for a comprehensive interoperability framework is stronger than ever. With the Polygon SDK, we are solving pressing needs for Ethereum’s multi-chain future, including ease of deployment and inter-L2 communication.”

Polygon, formerly known as Matic, has been growing in popularity of late, especially as a major platform for scaling Ethereum. Earlier in May, Cointelegraph reported that the protocol’s user base had grown by 75,000 as more users continue to interact with Polygon-based decentralized applications.

Polygon’s meteoric rise has also reportedly caught the eye of billionaire Mark Cuban, with the Dallas Mavericks owner identifying the protocol’s speed and growing user base as major selling points.

The post Polygon debuts SDK for building Ethereum-compatible chains appeared first on BTC Ethereum Crypto Currency Blog.

Credit: Source link

ShareSendTweetPinShare
Previous Post

Ontario Securities Commission Snuffs out Crypto Exchanges, Poloniex Targeted for Flouting Compliance – Regulation Bitcoin News

Next Post

Price analysis 5/26: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, ICP, UNI, BCH

Related Posts

Portuguese Congress Rejects Two Bills Seeking to Tax Crypto
Ethereum

Portuguese Congress Rejects Two Bills Seeking to Tax Crypto

May 26, 2022
Paraguayan Bill Regulating Crypto Mining and Trading Moves Closer to Law
Ethereum

Paraguayan Bill Regulating Crypto Mining and Trading Moves Closer to Law

May 25, 2022
Circle Asks US Fed Not to Step on Its Toes by Launching a Digital Dollar
Ethereum

Circle Asks US Fed Not to Step on Its Toes by Launching a Digital Dollar

May 25, 2022
Cloud Miner BitFuFu Looks at US Listing Via SPAC Merger
Ethereum

Associations for Blockchain Technology, Digital Assets Adoption to Merge

May 25, 2022
Soona Amhaz’s Volt Debuts $50M Crypto Fund Backed by Marc Andreessen, Chris Dixon
Ethereum

Soona Amhaz’s Volt Debuts $50M Crypto Fund Backed by Marc Andreessen, Chris Dixon

May 25, 2022
Next Post
Price analysis 5/26: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, ICP, UNI, BCH

Price analysis 5/26: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, ICP, UNI, BCH

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Weekly Updates

BRICS Countries Told to Consider Countering the Dollar’s Global Hegemony – Economics Bitcoin News

BRICS Countries Told to Consider Countering the Dollar’s Global Hegemony – Economics Bitcoin News

May 22, 2022
Russian Appellate Court Cancels Decision to Block Tor Project’s Website – Bitcoin News

Russian Appellate Court Cancels Decision to Block Tor Project’s Website – Bitcoin News

May 22, 2022
NYDFS Chief Says Regulators Need to Develop a ‘21st Century Framework’ for Crypto

NYDFS Chief Says Regulators Need to Develop a ‘21st Century Framework’ for Crypto

May 19, 2022
Do Kwon Dissolved Terraform Labs Korea Days Before Collapse of Terra LUNA, UST – Featured Bitcoin News

Do Kwon Dissolved Terraform Labs Korea Days Before Collapse of Terra LUNA, UST – Featured Bitcoin News

May 19, 2022
KuCoin Raises $150M Round Led by Jump Crypto at $10B Valuation

Andreessen Horowitz Establishes $4.5B Crypto Fund, Its Fourth

May 25, 2022
Tectona’s Bored.Ai Opens Text2Art Minting For The First Time

Tectona’s Bored.Ai Opens Text2Art Minting For The First Time

May 24, 2022
CryptoMakers

This is an online news portal that aims to provide the latest crypto news and real-time updates around the world. Feel free to get in touch with us!

What’s New Here!

  • Avalanche’s new proposal wants ApeCoin on its subnet
  • No Tax Amnesty for Russian Crypto Miners as Lawmakers Withdraw Proposal – Mining Bitcoin News
  • ESG Study Shows Bitcoin Mining’s Potential to Eliminate 0.15% of Global Warming by 2045, Claims No Other Technology Can Do Better – Mining Bitcoin News

Subscribe Now

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptomakers.co.uk - All rights reserved!

No Result
View All Result
  • Home
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
  • Altcoin
  • Blockchain
  • Business
  • Regulation
  • Trading

© 2021 cryptomakers.co.uk - All rights reserved!

  • EvedoEvedo(EVED)$0.082301-0.80%
  • SEENSEEN(SEEN)$2.05-2.27%
  • TadpoleTadpole(TAD)$7.32-1.76%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • CornichonCornichon(CORN)$0.073096-0.86%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003681-6.85%
  • Heart NumberHeart Number(HTN)$0.000553-30.47%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • lympoLympo(LYM)$0.004392-4.43%
  • StacyStacy(STACY)$0.0007100.00%