On October 11, a proposal titled “AIP Idea: ApeChain – A zk-Powered Polygon Layer-2 to Support ApeCoin Growth” was presented by Sandeep Nailwal, Co-Founder of Polygon Labs, to the ApeCoin DAO community. The proposition entails the creation of a zero-knowledge powered Layer-2 (zk-L2) network, termed “ApeChain,” employing Polygon’s Chain Development Kit (CDK) to bolster ApeCoin ecosystem’s expansion. The endeavor would encompass a dedicated ApeChain constructed and sustained by an Implementation Partner, alongside collaborative efforts with Polygon Labs and a development fund from ApeCoin DAO to nurture the progress of ApeCoin-integrated ventures and ApeChain-related public assets.
The ApeCoin community has recognized the necessity for ApeCoin to transition to its own chain for enhanced scalability, a sentiment echoed by Yuga Labs around 18 months prior. While an ApeCoin-specific chain’s deliberation continues, this proposal steps in…
