{"id":182256,"date":"2023-10-04T17:39:30","date_gmt":"2023-10-04T17:39:30","guid":{"rendered":"https:\/\/precoinnews.com\/?p=182256"},"modified":"2023-10-04T17:39:30","modified_gmt":"2023-10-04T17:39:30","slug":"polygon-co-founder-steps-down-will-contribute-from-the-sidelines","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/polygon-co-founder-steps-down-will-contribute-from-the-sidelines\/","title":{"rendered":"Polygon co-founder steps down, will contribute \u2018from the sidelines\u2019"},"content":{"rendered":"

Jaynti Kanani, the co-founder of Polygon, announced that he has stepped back \u201cfrom the day-to-day grind\u201d on the project for the first time in six years.<\/p>\n

In an Oct. 4 X (formerly Twitter) thread, Kanani said he planned to focus \u201con new adventures\u201d while contributing to Polygon \u201cfrom the sidelines.\u201d Along with software engineers including Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic, Kanani helped found the Matic network in 2017, which was later rebranded to Polygon.<\/p>\n

\u201cMan this makes me emotional,\u201d said Nailwal in response to the announcement. \u201cWhat a ride we\u2019ve had together brother. But its just the start for Polygon, i wish we could\u2019ve done more for longer together in this crazy journey that is Polygon. But hey, you got to do what you got to do.\u201d<\/p>\n

Related: <\/em><\/strong>Polygon co-founder: $1B bet on ZK-rollups paying off<\/em><\/strong><\/p>\n

Polygon\u2019s website listed 10 co-founders of the protocol, some of whom are still involved in various side projects on the platform. Arjun departed Polygon in March with the spin-off of blockchain data availability protocol Avail. <\/p>\n

Polygon Labs has begun accepting improvement proposals aimed at transitioning the network to Polygon 2.0 since plans were announced in June. The new ecosystem will use zero-knowledge proofs and be made up of four protocol layers focused on staking, interop, execution and proving. At the time of publication, developers were still working on \u201cbringing Polygon 2.0 to life\u201d.<\/p>\n

Magazine: <\/em><\/strong>ZK-rollups are \u2018the endgame\u2019 for scaling blockchains: Polygon Miden founder<\/em><\/strong><\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Jaynti Kanani, the co-founder of Polygon, announced<\/p>\n","protected":false},"author":3,"featured_media":182255,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nPolygon co-founder steps down, will contribute \u2018from the sidelines\u2019 - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/polygon-co-founder-steps-down-will-contribute-from-the-sidelines\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Polygon co-founder steps down, will contribute \u2018from the sidelines\u2019 - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Jaynti Kanani, the co-founder of Polygon, announced\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/crypto\/polygon-co-founder-steps-down-will-contribute-from-the-sidelines\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-04T17:39:30+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2023\/10\/Polygon-co-founder-steps-down-will-contribute-\u2018from-the-sidelines.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/polygon-co-founder-steps-down-will-contribute-from-the-sidelines\/\",\"url\":\"https:\/\/precoinnews.com\/crypto\/polygon-co-founder-steps-down-will-contribute-from-the-sidelines\/\",\"name\":\"Polygon co-founder steps down, will contribute \u2018from the sidelines\u2019 - 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