Polygon readies for the Etrog upgrade

[serrq]

Polygon (MATIC) is on the verge of a major upgrade as it transitions its zkEVM to a Type 2 ZK-EVM. Scheduled for this week, the transition will welcome enhanced compatibility and efficiency for crypto developers and users. Significantly, the upgrade will allow developers to copy the Polygon zkEVM exactly as it is on Ethereum.

The next upgrade for Polygon zkEVM will, effectively, make the network a Type 2 ZK-EVM. What does that mean for developers? It means that you can deploy your code on Polygon zkEVM exactly as it is on Ethereum—just copy-paste and go, no modifications necessary.

The 10-day… [pic.twitter.com/GThNxj7V6F](https://t.co/GThNxj7V6F)

— Polygon Foundation (@0xPolygonFdn) [January 27, 2024](https://twitter.com/0xPolygonFdn/status/1751368915928645812?ref_src=twsrc%5Etfw)

In the coming months, the network hopes to transform into Polygon 2.0 and launch a new token dubbed POL. The POL native token has been proposed but is yet to receive a final consensus from the Polygon community. Once approved by the community, the native token will be adopted by the network.

MATIC has, in the past 24 hours, rallied by 1% but is still down by nearly 3% in the past 7 days. With a market cap of $7.2 billion, the altcoin is ranked 15th by market cap.

https://www.crypto-news-flash.com/crypto-giants-ripple-xrp-polygon-matic-and-avalanche-avax-ready-to-soar-with-game-changing-upgrades/