ChainCatcher live report, Polygon co-founder Sandeep Nailwal delivered a speech titled "The Age of Aggregation" at the TOKEN2049 conference, exploring the current state and future trends of the blockchain industry. Sandeep pointed out that although the blockchain industry has achieved some success, core issues such as scalability and interoperability still need to be addressed. He emphasized that to achieve global adoption of blockchain, it is essential to break the limitations of traditional frameworks and pursue infinite scalability and unified protocols.In his speech, Sandeep introduced Polygon's innovative attempts to solve these problems, particularly how its latest products achieve cross-chain interoperability and security guarantees by adding an additional layer of architecture. This architecture not only unifies liquidity but also allows developers to maintain full control over their projects while enjoying infinite scalability. He mentioned that Polygon's goal is to enable every application to launch its own chain without being isolated, thereby building a true value internet.Sandeep also shared Polygon's optimistic outlook for the future of the blockchain industry and called on developers to actively embrace change and work together to promote the healthy development of the industry. He stated that with continuous technological advancements and the increasingly完善 ecosystem, blockchain will play an important role in a wider range of fields, injecting new vitality into the global economy.Finally, Sandeep revealed new features and tools that Polygon is about to launch, aimed at further lowering the development threshold and enhancing user experience. These innovative initiatives will undoubtedly bring more possibilities and opportunities to the blockchain industry.

ChainCatcher news, Polygon co-founder Sandeep stated on social media that he has been doing a lot of strategic work for Polygon over the past 18 months, especially fully transforming Polygon into a leading ZK protocol. Most of the transformation work has been completed, so he will take over as CBO.

ChainCatcher news, Polygon co-founder Sandeep Nailwal stated on social media that building a blockchain protocol is a process that takes at least ten years. As a founder, one must be prepared to invest at least ten years of extreme effort and patience.Nailwal revealed that he has been involved in the Polygon project for over six years, but feels it has only just begun. He estimates that it will take at least another five years to achieve Polygon's established goals. Nailwal emphasized that he is ready to fully commit to the development of Polygon.

ChainCatcher news, the zero-knowledge general proof aggregator Electron has announced the completion of a $1 million seed round financing, with investors including Polygon co-founder Sandeep Nailwal, Gnosis co-founder Martin Köppelmann, Jaynti Kanani (previous co-founder of Polygon), and Avail co-founder Anurag Arjun, as well as LambdaClass, Zephyrus Capital, Blue7, Interop, Router Protocol, and others.Electron stated that the funding will be used to build a general ZK proof aggregation layer for Ethereum.According to the Web3 asset data platform RootData, [Electron Labs](https://www.rootdata.com/zh/Projects/detail/Electron Labs?k=MjA3MQ== "Bringing on-chain privacy to dApps and users") is a closed cross-chain messaging protocol for L1. It uses light clients and zero-knowledge proofs to maintain decentralization.

ChainCatcher news, the currency market protocol Dolomite on Arbitrum announced the completion of a $900,000 strategic round of financing, with investors and partners including Polygon co-founder Sandeep Nailwal, DCF GO, Pentoshi, Polygon Labs CEO Marc Boiron, DeFi Dad, and others.

ChainCatcher news, according to Cointelegraph, Avail founder and Polygon co-founder Anurag Arjun stated: "Reducing developer friction is very important. If you look at the first mobile applications built when the initial infrastructure emerged, those were very simple applications. We spent many years experimenting to create something like Uber or Instagram."Arjun added that building developer-centric scaling solutions (such as Layer-2 rollups) is essential for advancing blockchain-based decentralized applications (dApps).

ChainCatcher news, the access control and governance platform for smart contracts, Llama, has completed a $6 million seed round financing, with participation from Founders Fund, Electric Capital, Polygon co-founder Sandeep Nailwal, and Aave founder Stani Kulechov.Llama aims to enhance the efficiency of governance in blockchain protocols, enabling protocols to encode roles and permissions for executing on-chain operations, such as fund transfers or changing protocol parameters, addressing some inefficiencies and security vulnerabilities that could lead to poor performance or even worse, hacking attacks and exploits.

ChainCatcher news, zero-knowledge encryption technology company Toposware (Topos) announced the completion of a $5 million extended seed round financing, with participation from Evolution Equity Partners, Triatomic Capital, K2 Access Fund, and Polygon co-founder Sandeep Nailwal.According to the RootData page, Topos is an interoperability protocol that utilizes zero-knowledge proofs and reliable broadcasting, allowing various public and private blockchains to communicate with each other. Zero-knowledge proofs enable blockchains to prove the validity of their state transitions without compromising private internal information, such as account addresses and account balances. Topos previously completed a financing round of 750 million yen in 2021.

ChainCatcher news, Ethereum Layer 2 network Polygon co-founder Jaynti Kanani posted on social media, "After launching Polygon in 2017, about six months ago, I decided to step back from daily operations. I have more confidence in Polygon's bright future and passionate community. I will focus on new adventures while still cheering for Polygon from the sidelines."

ChainCatcher news, Polygon co-founder Sandeep Nailwal stated, "Web3 games are one of the biggest drivers of mass adoption of cryptocurrency. In the next 6-18 months, there will be several top games released in Web3. Just last year, funding for Web3 games exceeded $2 billion. (source link)

ChainCatcher news, modular oracle RedStone announced the completion of its angel round financing, with angel investors including Aave founder Stani Kulechov, Polygon co-founder Sandeep Nailwal, zkSync co-founder Alex Gluchovski, and Avalanche co-founder Emin Gun Sirer. The specific investment amount has not been disclosed.RedStone stated that since its establishment in 2021, it has raised $7.5 million from Web3 VCs.RedStone is a modular oracle that provides unique data sources for DApp applications through modular design, customizable data feedback, and other technologies. (Source link)

ChainCatcher news, CoinDesk reports that Polygon co-founder Sandeep Nailwal, along with the venture capital firm Symbolic Capital he co-founded, has announced the launch of a new Nailwal Scholarship to provide financial support for early builders transitioning from Web2 to Web3.Nailwal has committed to donating his own money to 10 builders selected each year, with a total amount of $500,000. The scholarship focuses on individuals rather than teams. The program is open to all Web3 builders, regardless of age or location. The Nailwal Scholarship accepts applications from May to early June each year. (source link)

ChainCatcher news, Polygon co-founder Sandeep Nailwal responded to a Twitter user stating "The Layer2 boom is entirely based on airdrop expectations" by saying: "Good things take time, the Polygon zkEVM ecosystem is preparing for a significant enhancement through key infrastructure deployments (such as security), the arrival of oracle services (like Chainlink), improving user experience based on early developer feedback, cost optimization using data compression, and more. If there’s one thing you cannot doubt about Polygon, it’s adoption. Furthermore, there are no rules that prohibit existing tokens from large-scale airdrops."