New competitor to Polkadot and Cosmos: Polygon unveils SuperNets

Polygon goes to attack Polkadot and Cosmos – Over the years, blockchain interoperability has become a hot topic. The Polkadot Project and Cosmos are working on this problem. However, it looks like a new contender is on the way to emerge with the arrival of the Polygon Supernets.

Polygon Edge: Blockchain in just a few clicks

ribbed It is the Ethereum Plasma Chain, whose goal is to Improve network scalability to smart contracts. To do this, Polygon owns its own blockchain, which is developing in parallel with Ethereum.

However, the polygon does not stop there. In fact, Polygon Technology teams are multiplying solutions. MaidenAnd AvailabilityAnd Identification card or zeroIt is difficult to name all the solutions offered by Polygon.

last may, Polygon edge detectionsolve it Turnkey Blockchain Creation. Thus, it presents itself as a “modular and scalable framework for building Ethereum-compatible blockchain networks.”

Practically speaking, this solution allows developers to launch their own blockchain based on the same Ethereum model in just a few steps. The latter has a consensus model option to adopt between proof of stake and proof of authority.

Since these two blockchains share the same base of Ethereum, all smart contracts, tools or resources related to Ethereum applications are fully compatible.

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Polygon Supernets: The Blockchain Network

Last week, Polygon teams announced major progress on the Polygon Edge project with the introduction of Polygon Supernet.

Polygon Supernets announcement tweet – Source: Twitter.

In practice, the supermarket is nothing more than Blockchain networks built with Polygon Edge. Thus, Supernets make it possible to interconnect various Polygon Edge chains as well as connect them to Ethereum.

This model reminds us of the Cosmos Hub connecting blockchains Cosmos or even Polkadot and its Parachains ecosystem.

The Polygon Supernets enables the exchange of information and value between the various Polygon and Ethereum blockchains
Bonding diagram of Polygon Supernets.

The supermarket offers many benefits. First, they allow Sending data and value between Polygon Edge chains. This is achieved through the use of bridges between chains, but should be the subject of creating a unified communication protocol in the future.

Second, supermarkets allow Polygon Edge chains to be Secured by Polygon (MATIC) chain.

For Edge users who would like to use Proof of Stake as a security mechanism, we offer a “shared security” layer in the form of a MATIC checker marketplace. Projects that choose this service will have instant access to a pool of decentralized and trusted proof-of-stake validators, without having to face the challenge of building a network of validators. »

In addition, Edge blockchain operators will be able to contact “Edge Certified Partners,” a group of certified developers to support them in managing and maintaining their blockchain.

$100 million to promote adoption

In parallel with this announcement, Polygon also revealed the creation of a file $100 million to fund the adoption of Supernets.

These funds will support initiatives such as:

  • development and research grants;
  • integration and partnerships with third parties;
  • Qualification and migration of projects;
  • Liquidity mining software.

It is clear that this blockchain will be able to use all the solutions developed by Polygon. Including Avail, their solution to the data availability problem that should appear during the year.

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