Sandeep Nailwal, the co-founder of Polygon, has taken on the role of CEO of the Polygon Foundation.
Under his leadership, the project will shift its focus to improving the Proof of Stake (PoS) system and Agglayer, while gradually phasing out zkEVM in 2025.
The Proof of Stake (PoS) system is set to increase the productivity of its test network to 1000 transactions per second (TPS) in early July.
It aims for 5000 transactions per second (TPS) by September and October, with a long-term goal of reaching 100,000 transactions per second (TPS).
Meanwhile, Agglayer v0.3 is scheduled to launch by the end of June.
