AggLayer for people who slept on it
🤔What is Agglayer
It’s a decentralized protocol from Polygon that aggregates ZK proofs from all connected chains and ensures safety for near-instant cross-chain transactions. Basically, you can buy non-fungible tokens on a connected different chain without having to bridge
🤘Why is it cool?
1️⃣For L1 and L2s: allows to tap into a huge pool of unified liquidity, making it easy to bootstrap liquidity.
2️⃣For dApp developers: users from aggregated chains can interact with the dApp without bridging.
3️⃣For end users: aggregation makes it more Internet-like, a single environment that doesn’t require frequent bridging and ultimately enables chain abstraction.
🔮What’s the future of it?
Onboarding more chains! The more chains they have, the easier it is to use Web3 in general.
🏆Like Brendan Farmer said: “It’s a win-win situation. You get to tap into existing liquidity and users and you don’t give anything up”.
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