Crypto

The co-founder of Polygon leaves, leaving the giant of the crypto at a crossroads

Mihailo Bjelic, co-founder of Polygon, resigned from the blockchain project he helped to build. He withdrew from the Polygon Foundation Board and puts an end to his role in the main development studio, Polygon Labs.

Shared bjelic A X post Distant: “After a lot of reflection and reflection, I decided to leave the Plans of the Polygon Foundation and to refuse my daily involvement with Polygon Labs.”

It makes him the third founder to leave the team. He joined the co-founders Jaynti Kanani and Anurag Arjun, who had also moved from their active roles in the blockchain project. Kanani left the company in October 2023, while Arjun resigned in March 2023 to focus on his modular blockchain project, available.

Bjelic claims that he can no longer give his best to the polygon

Bjelic played a central role in taking polygon at higher heights. In 2017, he co -founded the famous Ethereum Layer 2, originally named Matic Network, with Jaynti Kanani, Sandeep Nailwal and Anurag Arjun.

Ethereum layer 2 scaling solutions offer many advantages for the Ethereum network. These advantages include faster transaction times, lower costs and better scalability. As a layer 2 solution, Polygon uses these features to increase its own performance and improve the experience for its users.

In support of this, it is obvious that the company has made significant contributions to the research and development of blockchain, in particular in zero-recognition technologies and proof of evidence.

Polygon introduced MATIC for an individual base at the end of 2024 and launched a token migration as part of its plan 2.0. This change had to lead to the greater use of the main token of the network for gas costs, puncture and infrastructure such as Aggayer.

After the success of Polygon, the 10 years and more experience of Bjelic as products and platforms of computer engineering technology was greatly honored.

However, on Friday, May 23, Bjelic shared an X post declaring that he could no longer give his best to the polygon. Based on its explanation, as the projects have developed and evolved, it was natural that ideas move and sometimes divide. Subsequently, Bjelic said that the leaders of Polygon seemed sincerely dedicated to seeing the project prosper. He then offered them the support of the sidelines and for everything he could do to help.

After his resignation, Nailwal rented Bjelic in A post Xdeclaring that he was not only a co-founder but also a brother for him. He added: “From the first days – white paintings full of ideas, endless blancpers, governance frames, the strategy deeply calls at night – you were a force behind a large part of what makes polygon.”

Bjelic turns out to be a strong crypto

Bjelic revealed that he had learned for the first time on cryptocurrency in 2013. In 2017, he really plunged there, excited by the idea of ​​creating a global and inclusive economy. Since then, he has devoted himself to making this incredible vision a reality.

This has been obvious since the launch of Polygon in 2019, because Bjelic and his colleagues have made great progress. According to reliable sources, they have made significant progress in zero knowledge technology and have brought some of the biggest brands in the world, approaching this big dream.

By undertaking this great trip, Bjelic initially highlighted the pride of this and felt lucky to collaborate with many qualified people.

Regarding his resignation, he mentioned that he always felt just as enthusiastic about the potential of the cryptocurrency to change systems, empower people and build a fairer world. Therefore, he added that this belief continues to motivate it and, therefore, it will probably be seen around.

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