Co-Founder of Polygon Resigns, Will Offer Support as an Advisor

Polygon co-founder Jaynti Kanani declared that he had taken a break “from the day-to-day grind” on the project for the first time in six years.

Kanani stated in a 4 October X (formerly Twitter) thread that he intended to concentrate “on new adventures” while continuing to contribute to Polygon “from the sidelines.”

With software architects Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic, he helped found the Matic network in 2017, later rebranded as the Polygon network.

“Man, this makes me emotional,” Nailwal said in response to the announcement. “What a ride we’ve had together brother. But this is only the beginning for Polygon; I wish we could’ve done more for longer together in this crazy journey that is Polygon. But hey, you got to do what you got to do.”

After kickstarting Polygon in 2017, around 6 months back, I decided to step back from the day-to-day grind.

I'm more confident in Polygon's bright future and passionate community. I'll be focusing on new adventures while still cheering and contributing to Polygon from the…

— Jaynti Kanani (JD) (@jdkanani) October 4, 2023

The website of Polygon lists ten co-founders of the protocol, some of whom are still engaged in numerous side projects on the platform.

In March, Arjun left Polygon to found the blockchain data availability protocol Avail.

Since the transition to Polygon 2.0 was first announced in June, Polygon Labs has begun accepting enhancement proposals for the network.

The new ecosystem will utilize zero-knowledge proofs and consist of four protocol layers centered on stake, interoperability, execution, and proving.

Developers were still working on “bringing Polygon 2.0 to life.”