Polygon is introducing Polygon Supernets powered by Polygon Edge and is committing a $100M Ecosystem Fund.

 

Polygon Supernets

Polygon Edge makes building blockchain networks much easier compared to the alternatives. Nonetheless, we were able to identify some common challenges faced by the projects that are using it: 
  • The complexity of bootstrapping a decentralized and reliable validator set with well-designed coordination mechanisms. 
This challenge can significantly impact the security of the network, so it has to be taken seriously. Additionally, it often consumes a lot of bandwidth of the application team, when they should ideally be focusing on their actual product and goals.
  • Technical complexity of blockchain networks and relevant security challenges and concerns. 
Even though Polygon Edge offers out-of-the-box blockchain networks, running, maintaining, and upgrading them is not a trivial task and it unavoidably introduces certain attack vectors and concerns. Unfortunately, application developers might not be well-positioned to address these challenges and the industry has already witnessed multiple major exploits on dedicated, i.e. application-specific networks. In the best case, these challenges consume a lot of bandwidth of the application team, which they could have spent working on their core product and goals.
  • Complexity and challenges of protocol-level token design.
Projects that want to use their native token to secure their dedicated Edge-based network via Proof of Stake are faced with complexities and subtleties of token rewards, inflation, and other aspects necessary for any Proof of Stake implementation to be secure, sustainable, and reliable. This often 1) distracts project founders from designing their token with their application incentives and adoption in mind and 2) consumes a significant portion of the token supply which otherwise could have been used for the development and adoption of the application/project itself.
  • The complexity of choosing or switching between different architectures.
Polygon is an agnostic multi-chain platform that supports multiple scaling and infrastructure solutions, and Polygon Edge follows the same path. Projects building on Edge should be able to choose between several different solutions and chain configurations, such as sovereign chains (Proof of Authority or Proof of Stake based), Layer 2 solutions (with on-chain or off-chain data availability) etc. However, choosing the optimal solution or upgrading to a different one can be challenging.    

Empowering developers to build what they want has always been Polygon’s mission. To solve the challenges mentioned above, the Polygon core team has designed Polygon Supernets, building on the success of Polygon Edge. 

 

They think of Supernets as Polygon Edge networks on steroids. Supernets are blockchain networks with several important characteristics that aim to mitigate the aforementioned challenges and enable mainstream adoption of Polygon and blockchain technology in general. Here are the most important of those characteristics.
  • Supernets are dedicated
Every Supernet is built and run for a specific application, project or use case. The advantages of this “dedicated Web3 hosting” are already described above.
  • Supernets can be secured by Polygon’s MATIC 
For Edge users that want to use Proof of Stake as a security mechanism, they are introducing a “shared security” layer in the form of a MATIC-staked validator marketplace. Projects that opt-in for this service will instantly get access to a decentralized, reliable Proof of Stake validator set and skip the challenges of bootstrapping a validator network. Additionally, Polygon validators will stake MATIC and receive rewards in MATIC, so there is also no effort required from application/project teams when it comes to validator incentivization and sustainability. With this service, projects can enjoy all the benefits of Proof of Stake security, whilst not wasting any bandwidth or resources on it; they can fully focus on their core product and goals. This service is not mandatory; nonetheless, they expect it to be very popular given the advantages it offers. They will be sharing more details on the service in the following days and weeks. 
  •  Supernets are connected with each other and Ethereum
Every Supernet is able to exchange value and messages with other Supernets and with the Ethereum mainnet. Currently and in the near future, this can be done using different bridge implementations and integrations that Edge offers. In the long term, they are considering starting a broader, formal effort to design and establish a cross-chain communication protocol to connect all Polygon networks and potentially even other Ethereum ecosystem networks.
  • Supernets can be managed by certified Edge partners
As mentioned above, launching, running, maintaining, and upgrading a blockchain network are not trivial tasks, and application developers often don’t have the expertise and bandwidth to perform them properly. To mitigate this challenge, they are introducing Edge Certified Partners, a group of certified dev shops and teams that can help or completely take over some or all of these operations and allow the application/project team to focus on what they know and do best.
  • Supernets can utilize any scaling architecture
With the above in mind, it is important to say that all the aforementioned “blockchain legos”, i.e. architectural options offered by Polygon Edge will remain available through Supernets. The introduction of Supernets is only making all of them easier to deploy and run. The following table covers four typical types of Supernets we expect to see in Polygon’s multi-chain ecosystem:

 


Additionally, any Supernet can change its underlying architecture at any point. For example, a Supernet could decide to start as a sovereign Proof of Authority network, then migrate to Proof of Stake, and finally to a full-blown Layer 2. Polygon Edge already offers easy upgradeability from Proof of Authority to Proof of Stake, and the same will be offered for Layer 2 solutions.
 
$100M Adoption Fund
Polygon’s goal is to bring mass adoption to Web3. They are very excited about the concept of Supernets as they see them as a major step towards achieving this goal. They can already see the contours of Polygon as a massively scalable multi-chain system, comprised of:
  • Multiple Publicnets (public networks like Polygon PoS or upcoming Polygon Hermez);
  • Potentially an unlimited number of Supernets where all Publicnets and Supernets can easily connect and exchange value and information.
To further ignite this vision into reality, Polygon is committing $100M for the development and adoption of Supernets. The funds are immediately available and can be used for:
  • Development contracts and grants;
  • Research contract and grants;
  • Third-party integrations and partnerships;
  • Project onboarding and migration;
  • Liquidity mining;
  • Acquisitions.
"For mass adoption of Web3 to take hold, it is critical to abstract the complexities of blockchain development and simultaneously offer scaling ability and personalization,” said Mihailo Bjelic, Co-founder of Polygon. “Polygon Supernets deliver all this, enabling any project to fast-track their blockchain ambitions and join the growing Polygon multi-chain ecosystem."

Learn more and 👉apply to get your own Supernet today.

The Polygon Edge/Supernets team is hiring. Be sure to check their careers page for the 👉latest openings

Let’s create the future of Web3 together!

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