Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Vitalik praised Sandeep and Polygon for their contributions to the Ethereum ecosystem.

Vitalik praised Sandeep and Polygon for their contributions to the Ethereum ecosystem.

CointimeCointime2025/10/21 03:48
By:Cointime

 Vitalik posted on the X platform, expressing his gratitude to Sandeep for his personal contributions, as well as the huge value that Polygon has brought to the Ethereum ecosystem. In summary:

Polygon hosts @Polymarket, which may be the only typical example of a truly successful and value-providing "non-monotonic finance" application.

Polygon also hosts many other applications that require high scalability.

Polygon invested heavily in ZK-EVM proof early on, whether by introducing Jordi Baylina's team or through other efforts, greatly advancing the development in that field.

Polygon built infrastructure for proof aggregation (AggLayer) and many other technologies.

In addition:

Sandeep has dedicated a lot of personal effort to @CryptoRelief_, making significant contributions to India's biopharmaceutical infrastructure and research.

He voluntarily returned to me the $190 million earned from the SHIB token I donated, enabling the entire Balvi open-source anti-airborne disease biotechnology project to be realized, and possibly accelerating our understanding of important epidemic topics (such as clean indoor air) by a few years.

CZ also recently donated $10 million in BNB to support the project, and I myself recently invested around $20 million (not obtained by selling ETH 😛).

I am very grateful to both of them. Most "big whales" just passively think these things are cool, but will not take real action and make personal contributions unless everything is privatized through a company form, becoming a tool for personal profit. @sandeepnailwal (and CZ) are very special in this regard.

Regarding the ZK issue (after all, to obtain the complete security guarantee that L2 should provide, a proof system is indeed needed), I can understand Polygon's dilemma: they supported Jordi's team wholeheartedly when the technology was not yet mature and not suitable for production, so they made a contribution to the early, most difficult learning curve, but at that stage, it was difficult for them to directly benefit from the results.

Since then, the market structure has differentiated into L2 teams and ZK teams (such as @SuccinctLabs, @RiscZero, the recent @brevis_zk, and many other teams) existing as independent entities. I believe this is more reasonable than the previous approach where each L2 developed internally (OP or ZK) proof systems: it is very difficult to be both the best L2 and the best ZK team, as they require completely different skills.

Personally, I hope @0xPolygon can quickly adopt ready-made, already mature ZK technology and apply it to the PoS chain, obtaining complete first-stage and subsequent second-stage guarantees from the Ethereum L1. Many people are not aware

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

From yen rate hikes to mining farms shutting down, why is bitcoin still falling?

The recent decline in bitcoin prices is primarily driven by expectations of a rate hike by the Bank of Japan, uncertainty regarding the US Federal Reserve's rate cut trajectory, and systemic de-risking by market participants. Japan's potential rate hike may trigger the unwinding of global arbitrage trades, leading to a sell-off in risk assets. At the same time, increased uncertainty over US rate cuts has intensified market volatility. In addition, selling by long-term holders, miners, and market makers has further amplified the price drop. Summary generated by Mars AI This summary was generated by the Mars AI model, and the accuracy and completeness of its content are still being iteratively updated.

MarsBit2025/12/16 04:27
From yen rate hikes to mining farms shutting down, why is bitcoin still falling?

The Economist: The Real Threat of Cryptocurrency to Traditional Banks

The crypto industry is replacing Wall Street's privileged status within the American right-wing camp.

ForesightNews 速递2025/12/16 04:23
The Economist: The Real Threat of Cryptocurrency to Traditional Banks

Grayscale's Top 10 Crypto Predictions: Key Trends for 2026 You Can't Miss

The market is transitioning from an emotion-driven cycle of speculation to a phase of structural differentiation driven by regulatory channels, long-term capital, and fundamental-based pricing.

BlockBeats2025/12/16 03:57
Grayscale's Top 10 Crypto Predictions: Key Trends for 2026 You Can't Miss

From Yen Interest Rate Hike to Mining Farm Shutdown, Why Is Bitcoin Still Falling

The market is down again, but this may not be a good buying opportunity this time.

BlockBeats2025/12/16 03:55
From Yen Interest Rate Hike to Mining Farm Shutdown, Why Is Bitcoin Still Falling
© 2025 Bitget