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Unchained

Polygon’s AggLayer Wants to Be a Hub for Ethereum Layer 2s. Can It Succeed? - Ep. 630

Unchained

Laura Shin

Business News, News, Tech News

4.61.3K Ratings

🗓️ 9 April 2024

⏱️ 69 minutes

🧾️ Download transcript

Summary

Listen to the episode on Apple Podcasts, Spotify, Fountain, Overcast, Podcast Addict, Pocket Casts, Pandora, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform. Polygon Labs CEO Marc Boiron and co-founder Brendan Farmer discussed everything about the AggLayer, a decentralized protocol built by Polygon that enables fast, secure cross-chain interactions and allows different chains to use the same native bridge. This allows users to seamlessly move assets across chains in the AggLayer ecosystem.  The AggLayer aims to unify blockspace so that it feels like a single chain, improving user experience. Boiron and Farmer also discussed the potential for Layer 2 solutions to scale Ethereum, the benefits of zero-knowledge technology, and the future of Polygon's proof-of-stake chain. Learn more: What Are Zero-Knowledge Proofs? Show highlights: Background of Brendan and Marc and how they joined Polygon A brief description of what Polygon is overall What the AggLayer is and how it aims to enable the best of monolithic and modular blockchains How Brendan differentiates the AggLayer from its competitors, such as Optimism's Superchain or Cosmos and why he believes that zk-technology is such a game changer How the interoperability experience gets better in such a system, according to Marc and Brendan, and what will become possible that's not now Which chains can use the AggLayer and how it works to improve security across chains The tradeoffs between the various types of zkEVM provers  How projects should decide their architecture and when it would make sense to tap the AggLayer Why projects should build on the AggLayer, including layer 1s, according to Marc How Layer 1s can still join the AggLayer and retain their own consensus and sovereignty  Why Polygon believes that zk-technology is the future of blockchain architecture Why the Polgyon zkEVM suffered an outage on March 30 Whether Layer 3s are needed to scale the Ethereum ecosystem Why Brendan believes that EigenLayer is not a good fit for rollups to use The transition of the Polygon PoS chain to become an Ethereum L2 using the AggLayer When EIP-4844/Dencun will go live on Polygon Thank you to our sponsors! Polkadot Guests: Marc Boiron, CEO of Polygon Labs Previous appearances on Unchained: Gary Gensler vs. Crypto: What Will the SEC Attack Next? The Chopping Block: The SEC Is Attacking Crypto – Will Gary Gensler Succeed? Brendan Farmer, co-founder of Polygon and co-lead of Polygon Zero Links AggLayer Polygon: Aggregated Blockchains: A New Thesis More technical Agglayer explainer CoinDesk:  Polygon Lands Astar Network as First User of New 'AggLayer’ Cosmos-Based Canto Blockchain Reverses Course on Polygon Layer-2 Plans, Unveils New Roadmap  Zaki on the comparisons with Cosmos zk-Technology Polygon: Upgrading Every EVM Chain to ZK: Introducing the Type 1 Prover The different types of ZK-EVMs by Vitalik Unchained: Why Zero-Knowledge Proofs Are Critical to Ethereum’s Future Polygon zkEVM Unchained: Polygon zkEVM Chain Goes Down for 10 Hours Blockworks: Polygon unpacks zkEVM outage and ‘emergency’ upgrade Layer 3s Unchained: Layer 3s Only Exist to Take Value Away From Ethereum: Polygon Labs CEO 0xCygaar on L3s and L2s Potuz on the benefit of L3s Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

What the ag layer enables is it basically like quarantines each chain and it says okay even if this

0:06.7

chain has an unsound prover the security assumption reduces to the case that it's the only chain in the ecosystem.

0:16.3

So an attacker might be able to rug users by exploiting a soundness bug in that prover, which is the exact same cases as though the

0:27.2

chain were running on its own without this shared deposit contract, but it fundamentally

0:32.0

can't threaten funds that are locked in other chains

0:36.7

on the ag layer.

0:37.7

Hi everyone, welcome to Unchained, your no-hype resource for all things

0:44.4

crypto I'm your host Laura Shin author of the cryptopians I shared her covering

0:49.2

crypto eight years ago and as a senior editor Forbes was the first mainstream media reporter to give a

0:53.2

Kerou currency full-time. This is the April 9th 2024 episode of Unchained.

0:57.4

Pocodot is the original and leading Layer Zero blockchain with over 2,000 plus

1:02.0

developers and the Pocodot 2.0 upgrade layer zero blockchain with over 2,000 plus developers.

1:03.0

And the POGOD 2.0 upgrade will be a massive accelerator for the ecosystem,

1:07.5

making it faster, more secure, and adaptable,

1:10.7

perfect for GameFi and Defi to build, grow, and scale.

1:14.0

Join the community at Pocodot. network slash ecosystem slash community.

1:20.0

Hey unchained listeners, as you know it's hard keeping up with a fast-paced world of crypto so we've got just the thing for you.

1:26.7

subscribe to our free unchained daily newsletter at unchained crypto dot sub-stack.com

1:31.6

you'll get the latest crypto news and original articles from our reporters,

1:35.5

as well as summaries of other happenings and bullet points, plus our meme of the day, all

1:39.8

curated and written by our amazing team. It's still your no hype resource for all these

1:44.2

crypto just in newsletter form. Sign up at unchained crypto. Substack.com.

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