Polygon Co-Founder Resigns, Pledges Continued Contribution from the Sidelines

Jaynti Kanani, one of the key figures behind Polygon, has recently made a significant decision. After six years of dedicated work, Kanani has chosen to step away from the day-to-day operations of the project. This announcement came through a thread on X (formerly Twitter) on October 4. While he may be stepping back, Kanani has made it clear that he isn’t bidding farewell entirely; he plans to contribute to Polygon “from the sidelines,” indicating a more advisory role moving forward.

Polygon, previously known as the Matic network, was founded in 2017 with the collaborative efforts of software engineers like Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic. Kanani’s role in Polygon has been instrumental, and his departure marks a significant shift for the project. Nailwal, in response to the announcement, expressed his emotions, reflecting on the journey they shared and wishing for a continued collaboration in Polygon’s ever-evolving journey.

While Kanani steps back, it’s worth noting that Polygon’s co-founder lineup originally included ten individuals, some of whom have moved on to other projects within the platform. Arjun, for instance, left Polygon in March, aligning with the spin-off of the blockchain data availability protocol, Avail.

Currently, Polygon Labs is actively engaged in the reception of improvement proposals. These proposals are crucial for the platform’s transition to Polygon 2.0, a significant development plan revealed back in June. Polygon 2.0 is set to usher in a new era for the ecosystem, incorporating zero-knowledge proofs and structured around four core protocol layers: staking, interop, execution, and proving. The dedicated developers are diligently working on “bringing Polygon 2.0 to life,” underscoring the ongoing evolution and innovation within the Polygon network.

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