Polygon Labs is a software development company building and developing a network of aggregated blockchains via the AggLayer, secured by Ethereum. As public infrastructure, the AggLayer will bring together user bases and liquidity for any connected chain, and leverage Ethereum as a settlement layer. Polygon Labs has also contributed to the core development of several widely-adopted scaling protocols and tools for launching blockchains, including Polygon PoS, Polygon zkEVM, and Polygon Miden, which is in development as well as Polygon CDK.
Hedera is an open-source, decentralized layer 1 network that operates on a proof-of-stake model, using the innovative hashgraph consensus algorithm. This algorithm is leaderless and provides strong security through asynchronous Byzantine Fault Tolerance (aBFT). The network is governed and operated by a diverse and decentralized council of top enterprises, universities, and web3 projects globally, ensuring responsible and transparent governance.Hedera's optimized EVM smart contracts enable developers to easily build applications using familiar EVM-based tools and infrastructure, and facilitate smooth deployment or migration across multiple chains. In addition, Hedera offers native services for tokenization and consensus. The Hedera Token Service (HTS) enables developers to create and manage native digital assets that interact with the EVM. These tools empower developers to build robust, real-time web3 applications and ecosystems, making the vision of a more connected and efficient internet a reachable goal.Hedera provides deterministic finality within 3 seconds, low fixed and predictable transaction fees, and fair transaction ordering with consensus timestamps. Its robust and scalable infrastructure makes it a reliable choice for developers.