Polygon (symbol: MATIC) announced its latest development which will see the launch of an all-new blockchain project called Avail. The project has been dubbed as a “general-purpose, scalable data availability-focused blockchain targeted for standalone chains, sidechains, and off-chain scaling solutions.”
The project’s key objectives will be to offer standalone chains or sidechains with arbitrary execution environments to bootstrap validator security without needing to create or manage their own validator set by guaranteeing transaction data availability.
Polygon have been working on the project since late 2020, with Avail currently in the devnet stage.
