Cointime

Download App
iOS & Android

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

 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

Comments

All Comments

Recommended for you

  • a16z Launches $2.2 Billion Crypto Fund Crypto Fund 5

    a16z has announced the establishment of its new crypto fund, 'Crypto Fund 5', with a scale of $2.2 billion. The fund will deploy capital over the next decade, covering investments across all stages of the crypto sector. a16z stated that this round of funding will focus on projects with 'real-world value', including applications in payments, financial services, and decentralized systems. The core assessment is that the current market is more suitable for building 'long-lasting infrastructure and products' rather than projects driven by short-term narratives.
  • BTC Surpasses $81,000

    Market data shows that BTC has surpassed $81,000, currently priced at $81,005.99, with a 24-hour increase of 2.79%. Due to significant market fluctuations, please ensure proper risk management.
  • South Korea Considering Trump's Hormuz Plan

    According to South Korean media Newsis: South Korea is considering Trump's Hormuz plan.
  • Russia and Ukraine Announce Unilateral Ceasefire

    On May 5, Ukrainian President Volodymyr Zelensky announced on social media that Ukraine has decided to unilaterally implement a ceasefire starting from midnight on May 6. Zelensky stated that Russian social media reported that Russia would implement a ceasefire during the Victory Day celebrations, but Ukraine has not received any formal request from Russia regarding the cessation of hostilities. Nevertheless, Ukraine has decided to implement a 'silence' starting from the specified time and will take reciprocal actions from that point. Zelensky also mentioned that it is time for Russian leaders to take real measures to end the war. His post did not specify when the Ukrainian ceasefire would end. Earlier, the Russian Ministry of Defense announced that President Putin, the Supreme Commander of the Armed Forces, decided to implement a ceasefire from May 8 to 9 to commemorate the victory of the Soviet people in the Great Patriotic War, hoping that Ukraine would follow Russia's example. (Dongxin News Agency)
  • Trump: I Made America $45 Billion in the Past 8 Months

    On May 5, Trump posted a graph on social media showing the profit curve since his administration bought Intel (INTC.US) in August 2025, captioning it: 'I made America $45 billion in the past 8 months!' (Dongxin News Agency)
  • BTC Surpasses $81,000

    Market data shows that BTC has surpassed $81,000, currently priced at $81,062.55, with a 24-hour increase of 1.29%. The market is highly volatile, so please ensure proper risk management.
  • US Bitcoin Spot ETF Sees $532 Million Net Inflow, Ethereum ETF Sees $6.13 Million Net Inflow

    On May 5, according to Farside monitoring, the US Bitcoin spot ETF saw a net inflow of $532 million yesterday, including: BlackRock IBIT: +$335 million; Fidelity FBTC: +$184 million; Morgan Stanley MSBT: +$12.2 million. The US Ethereum spot ETF had a net inflow of $6.13 million yesterday, including: BlackRock ETHA: +$54.8 million; Fidelity FETH: +$6.5 million.
  • Bitmine Stakes 192,816 ETH Again, Valued at Approximately $456.21 Million

    On May 5, according to OnchainLens monitoring, Bitmine staked 192,816 ETH seven hours ago, valued at approximately $456.21 million. Currently, its total staked ETH has reached 4,555,573, valued at around $10.69 billion.
  • Trump: Iran War May Last Another Two to Three Weeks

    On May 5, U.S. President Trump stated that the Iran war may last another two to three weeks. (Jinshi)