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Anurag Arjun

Anurag Arjun is a Co-Founder & Chief Product Officer at , a leading scaling solution. Led by Arjun along with , and , Polygon grew from $26 million in market capitalization in 2019 to over $14 billion in 2021. In addition to his pivotal role at Polygon, Anurag Arjun founded , which was officially launched on July 24, 2024. [1][8][13]

Education

In 2006, Arjun received a Bachelor of Engineering in Computer Engineering from Nirma Institute of Technology. He also scored in the 99.6th percentile on the CAT (Common Admission Test for the Indian Institutes of Management) test.[2]

Personal Life

Anurag Arjun is from Bengaluru, Karnataka, India. He speaks English, Gujarati, Hindi, and Malayalam.[12]

Career

Arjun started his career in 2006 as a Programmer Analyst at Cognizant. He was also a member of the Life Sciences Solutions and Consulting Group at Cognizant division in Pune, India. In 2008, he became a Product Manager at Dexter Consultancy. Arjun worked there for five years and during this time he co-founded two products - HealthTrac, a remote vital health parameter monitoring platform through third-party wearable devices, and HealthOne, a free SaaS-based clinic management tool for doctors.[3][4]

I am a technologist at heart, who integration is what I absolutely love - taking practices from different apps or domains and applying them. I have basic coding chops, advanced product definition expertise, intermediate customer research and customer development skills.

In 2013, Arjun left Dexter Consultancy to work as a project manager at SNL Financial. At IRIS Business Services, he rose to the position of Associate Vice President of Product Management in a year. Anjur oversaw a 40+ member cross-functional team as they overhauled the product completely, resulting in major changes to the UX process and design, application performance optimization, and greater code maintainability.[5]

Polygon


In December 2017, Anurag Arjun became a Co-founder and Chief Product Officer of the Matic Network, which was later rebranded as . In this capacity, Arjun has been responsible for outlining the company’s product roadmap, overseeing integrations with partner networks, and managing the team responsible for the platform’s development.

has established itself as a platform within the industry. Its scaling solution addresses scalability challenges associated with , enabling faster and more cost-effective transactions. This has led to the development of over 37,000 on Polygon as of August 2022, according to data from .

Several projects and companies, including , , and Adobe, have adopted technology. The platform’s growth is attributed to its scalability, interoperability, and user-focused design, being positioned as a component of the Ethereum ecosystem.

Arjun also clarified in an interview with cointelegraph in June 2024 that development was intended to complement the ecosystem, rather than to compete with it. According to Arjun, the initial goal was to create a scaling solution for Ethereum, although the approach ultimately proved infeasible. This realization led to Polygon’s pivot to its network, laying the foundation for the development of solutions.[6][7][11]

Avail

was launched on July 24, 2024 and the ecosystem is structured in three main layers, each serving a distinct function to support the overall goal of creating a cohesive environment:

  • Data Availability (DA) Layer: This foundational layer focuses on data availability, providing a scalable and optimized environment for modular chains. The DA layer ensures that developers can independently verify data availability using validity proofs, eliminating the need to trust Avail’s claims.
  • Nexus Layer: Nexus is a -based coordination rollup that acts as a verification hub, unifying rollups both within and outside the Avail ecosystem. It leverages Avail DA for its root of trust and includes a proof aggregation/verification layer and a sequencer selection mechanism.
  • Fusion Security Layer: Fusion enhances the security of the Avail network by allowing assets from major ecosystems like and to be staked alongside Avail’s native assets. This integration of foreign tokens bolsters Avail’s cryptoeconomic security.

Avail aims to bridge gaps between various ecosystems, enhancing scalability, interoperability, and security through its robust infrastructure and modular approach. [13][14]

Arjun mentioned in a Twitter thread that he initiated work on within Polygon Labs back in 2020. However, with current focus on its solutions, the Layer 1 chain no longer aligns with the project’s primary objectives:

“Avail as a modular blockchain with a data availability layer is uniquely positioned to help developers overcome the challenges of monolithic blockchains but falls outside Polygon's L2 solutions. Thus, I offered to continue leading Avail as a separate, self-funded entity,” - Anurag Arjun

As an independent project, continues to focus on advancing infrastructure through its modular architecture. The platform’s structure—comprising the Data Availability Layer, Nexus Layer, and Fusion Security Layer, is designed to facilitate interoperability and security across different blockchain networks.[15][16]

Anurag Arjun on Modular Blockchains and Avail

In an interview with Incrypted on June 29, 2024, Anurag Arjun discussed his transition from to focusing on , a modular designed to address data availability (DA). Arjun’s engagement with blockchain technology began after reading Mastering Bitcoin, which later led to the co-founding of Polygon with the aim of resolving scalability challenges.

Arjun noted that as developed, it became clear that rollups required improved data availability solutions. was initially created within Polygon to meet this demand, but by March 2023, it became an independent project to maintain a neutral stance and support a broader range of rollups.

operates as a modular data availability layer, enhancing scalability, security, and interoperability among different networks. Its structure includes Avail DA for scalability, Avail Nexus for cross-chain communication, and Avail Fusion for multi-asset staking.

Arjun highlighted the increasing relevance of modular like in addressing scalability challenges within the blockchain industry. He also pointed out the role of the AVAIL token within the project, which is utilized for network services, security through , and governance.

Looking forward, Arjun sees as a critical layer for , aiding the scalability and interoperability of the broader ecosystem. He also maintains a positive outlook on the future of the ecosystem, anticipating further innovation in modular blockchain solutions and a continued focus on sustainability and energy efficiency in 2024.[17]

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Anurag Arjun

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September 24, 2024

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