Sandeep Nailwal’s appointment as CEO marks a significant shift to singular leadership for Polygon. By dissolving the board, he aims to enhance efficiency and streamline decision-making processes that previously hindered progress.
Polygon intends to phase out the zkEVM chain, which has shown declining usage and financial struggles, redirecting its focus towards real-world assets and stablecoin transactions to support its growth strategy.
Nailwal’s vision includes achieving transaction speeds of 100,000 TPS through the Gigagas roadmap. Despite mixed community reactions, he believes that swift decision-making is essential to maintain relevance in the evolving crypto landscape.
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