Sandeep Nilwal, co-founder of Polygon Labs, took on the new role of ZK

Polygon Labs, the company behind the Ethereum-linked blockchain network Polygon, is doubling down on its Zero Knowledge (ZK) solutions with a new key structural change.

On May 29, Polygon Labs officially announced the newly expanded role of chief business officer (CBO) for its founder and executive chairman, Sandeep Nilwal.

To establish the new role, Nilewal will focus on developing polygon-based tools related to ZK-proofs – cryptographic techniques that allow one party to prove an understanding of a certain value to another without revealing the actual value.

Nilewall works specifically with Polygon CDK, a ZK-based software toolkit designed to enable developers to create new layer-2 (L2) chains on Ethereum and migrate between chains.

The executive builds on the developer and technology integration foundation of AggLayer, a two-party decentralized protocol launched in February 2024.

Nilwal's appointment as the regular CBO follows his multi-month strategy of overseeing strategy and execution during his two years at Polygon. The announcement noted that the transition is now nearly complete and that he has been put in place under CEO Mark Boiron.

“Sandeep's daily execution remains valuable to us on our most important projects,” Boiron said. Nilwal noted that he has been actively involved with developers and enterprises throughout his time in the industry, including since the creation of the Polygon Network.

“Polygon Labs is building incredible, transformative technology that enables developers and enterprises to scale quickly and reliably while having fast and reliable liquidity,” said Nilwal.

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In the year Launched in 2017, Polygon is a blockchain platform that aims to create a scalable multi-chain blockchain system compatible with Ethereum.

Running on the Ethereum blockchain, Polygon offers processing technologies to ease congestion, accelerate transaction speeds, and eliminate other adoption complexities.

With ZKs and L2s, blockchain developers can greatly increase their scale by processing transactions away from the main Ethereum blockchain.

For example, some of Ethereum's L2 protocols experienced a 99% transaction fee drop in March following the network's Denko upgrade, while the main Ethereum network became overcrowded.

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