Polygon launches Web3 private network Supernets, will provide $100 million ecological fund

This article comes fromBitcoin.com, original author: Jamie Redman

Odaily Translator |

, original author: Jamie Redman

Odaily Translator |

On April 22, Polygon, the second-layer extension network of Ethereum, published a document introducing its new network Supernets, a blockchain protocol built to support Web3 technology. In addition, Polygon has pledged $100 million in funding to Supernet early adopters to aid in its rapid adoption. The official announcement details that Supernets are essentially a "more powerful version" of the team's Polygon Edge network.

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Polygon Supernets: Purpose-built, scalable blockchain designed to drive mass adoptionPolygon revealed its new project, Supernets, after launching Polygon Edge last year. Essentially, Polygon Edge is a customizable blockchain stack that allows users to spin up dedicated blockchain networks to do specific things. Eleven months after Edge launched, the team unveiled Polygon Supernets, an Edge-powered project with less complexity. While Supernets still uses Edge, the latest offering offers "several important features" that reduce the complexity involved with Edge.

The team tweeted on Friday that

Officially, more than 20 projects have been built on Edge, and the Polygon team has learned a lot from these project teams. Polygon also shared five major advantages of using Supernets, including: private network; support for off-the-shelf MATIC PoS validators; Supernet interconnection; can be managed/maintained by certified Edge partners; support for any Edge architecture.

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Polygon co-founder says Supernets can help projects quickly realize blockchain ambitions

textPolygon has had a lot of development and commercial activity over the past 12 months. In the first week of February, the project raised $450 million, with participation from Sequoia Capital India, Softbank, Kevin O'Leary, star investor of CNBC's Shark Tank, and others. In December last year, Polygon announced the acquisition of Mir Protocol for $400 million; in the same month, Polygon and Alexis Ohanian's venture capital firm Seven Seven Six launched a $200 million fund dedicated to Web3, blockchain and social media .