We recently noticed that some third-party companies and individuals impersonated the TOPONE Markets brand and illegally misappropriated our trademarks.

We Hereby Reiterate Our Statement:

  • TOPONE Markets does not provide discretionary account operation trading services, nor does it cooperate with other third-party vendors and/ or agents to provide such services.
  • TOPONE Markets staff will not promise to our customer the definite profit, please do not trust any kind of the profit promise or profit related picture, such as screenshot/ chat history, etc, all investment profit can be only viewed on our official website and application.
  • TOPONE Markets is a professional online trading platform with low spreads and zero handling fees. Be wary of any behavior that asks you for any fees directly and privately. TOPONE Markets does not charge a fee at any stage of its trading process or other fee.

If you have any questions or concerns, please feel free to reach us by clicking the "Online Customer Support" or send an email to our customer care team cs@top1markets.com. We will answer your questions and assist you promptly.

Understood
We use cookies to learn more about how you use our website and what we can improve. Continue to use our website by clicking "Accept". Details
Market News Polygon Labs Declares AggLayer to Establish a Scalable Web of Networks for Ethereum

Polygon Labs Declares AggLayer to Establish a Scalable Web of Networks for Ethereum

A new 'aggregation layer' is being introduced by Polygon Labs; it connects various blockchains into a web of networks that provides scalability, liquidity, and an improved user experience via zero-knowledge proofs.

TOP1 Markets Analyst
2024-01-25
10306

 Polygon (MATIC) 2.png

 

In an effort to create a network architecture that operates as a unified chain, Polygon Labs, a blockchain project developer specialising in scaling Ethereum, has reportedly unveiled its intentions for a novel 'aggregation layer' (CoinDesk). The forthcoming AggLayer, scheduled for release the following month, will employ zero-knowledge proofs, a cryptographic technique that the organization foresees as an essential constituent of forthcoming blockchain frameworks. Polygon Labs explained in a blog post that aggregation utilizes ZK technology to combine the benefits of integrated (monolithic) and modular architectures.

 

Monolithic blockchains, exemplified by Ethereum, possess vertical integration capabilities, comprising storage, security, and transaction execution. Nevertheless, there is a growing trend among developers to implement modular designs, which facilitate the connection of diverse components and providers for specific functions via networks. The aim of the new initiative undertaken by Polygon Labs is to integrate these methodologies. By connecting the AggLayer to any layer-1 or layer-2 chain, developers are able to generate a Web3 network that functions as a unified chain, featuring boundless scalability and unified liquidity.

 

The concept proposed by Polygon Labs overcomes the drawbacks of both monolithic and modular blockchains. Users can acquire non-fungible tokens on an independent blockchain through the AggLayer, eliminating the necessity to bridge funds via ZK proofs or transfer assets in order to engage in activities on other chains. Aggregation, according to the company, combines the scope and control of modular architectures with the unified liquidity and user experience of a monolithic system, thereby creating a novel approach that combines the two techniques.

Previous
Next

Bonus rebate to help investors grow in the trading world!

Need Assistance?

7×24 H

Download the APP for Free