Polygon’s transition to zero-knowledge

Polygon is a Proof of Stake (PoS) EVM-compatible blockchain that has amassed over $4.8B worth of TVL as of this writing. Polygon PoS chain went live in May 2020, but prior to its announcement to transit this PoS sidechain on Ethereum on February 9, 2021, it was formerly a plasma chain known as the Matic network. This transition was accompanied by a rebranding from Matic to the Polygon network that we know today. 

The rebranding of Matic network as Polygon coupled with liquidity mining incentives has allowed Polygon to attract a large amount of capital, only behind Ethereum and Binance Smart Chain in Q2 2021.