Polygon, the decentralized Ethereum scaling platform, is preparing to launch a major update, Heimdall v2, on July 10, 2025. The update aims to enhance network security and performance.
Benefits of the Heimdall v2 Upgrade
The main goal of Heimdall v2 is to reduce delays during checkpoints, which currently slow down the system. It also improves how data is sent to Ethereum, making the network faster and more reliable.
Technically, Heimdall v2 will launch with a new chain ID and a new genesis block, marking a clear break from Heimdall v1. This means that the blockchain history from Heimdall v1 will not carry over. Instead, the updated version will start fresh from the last state of Heimdall v1, ensuring Heimdall v2 has a clean and optimized start while keeping important state data intact.
POL Token Contract Opens Up New Possibilities
Polygon launched its POL token contract in 2023, further strengthening its position as a reliable, scalable, and interoperable blockchain solution. The integration allows Polygon to explore alternative avenues for token usage, governance, and utility, replacing MATIC with a more robust and versatile token.
Additionally, the launch enables Polygon to offer enhanced functionality and decentralized applications (dApps) to its users. Moreover, the token launch opened doors for executing other facets of the Polygon 2.0 roadmap, including the launch of a new staking layer for the Polygon ecosystem.
Polygon Shifts Focus After New CEO Takes Over
It is noteworthy that the Polygon Foundation changed direction shortly after Sandeep Nailwal, co-founder, became the new CEO. In a recent statement, Nailwal revealed that the zkEVM chain will be shut down due to low use and high operation costs.
He stated that the foundation will focus on improving Polygon PoS and building Agglayer, a new tool that connects different blockchains. Reports indicate that the team behind the zkEVM network has spun out into an independent company called Zisk.
The Heimdall v2 upgrade and the strategic changes within Polygon highlight the company's commitment to strengthening its position in the Web3 space and providing a more reliable infrastructure for decentralized applications.
