Polygon, a scalable competition solution

Polygon, a scalable competition solution


The interoperability of blockchain networks under the parameters of the Polkadot Shared Protocol (DOT) has made this a great competitor for all those ecosystems that work in order to achieve a scalable, safe and sustainable environment. It is not surprising that DOT has currently risen to fifth place in the coinmarketcap and is third in the smart contract development environment, below, so far, ecosystems such as Etherium (ETH) and Cardano (ADA).

Competition in this branch has intensified and even more with the development of new ways of achieving a developing economy, far from the traditional one and that forms an updating vision that implies using the advantages that the blockchain itself can offer. However, within these renovations you can see the evolution that Matic Network (Matic) is having and its change to Polygon. The once internet of the blockchain had a clear point in the work and improvement of scalability and valuation within ETH by working as a lateral support that would help with those stagnations that could affect the operations of the main chain and the continuity of current projects in development and already in production.

Certainly the Matic token will continue to operate within the ecosystem as a gear to increase the reward incentive to all those plans that seek to attend, with greater fluidity, all those updates and negotiations that occur in the invested equity resulting from the agreements given through the smart contracts that operate on this program.

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Citing the article written by the Criptonoticas portal, Matic leaves operational those "existing solutions and implementations, mainly Matic PoS Chain and Matic Plasma Chains, remain fully functional and will continue to develop and grow as very important components of the Polygon ecosystem".

Now for Polygon, a new change will serve to orient itself in strengthening those applications that run and operate in the main chain, give it more utility with a real scaling that is not limited or intimidated by anyone, mainly with those competitors that are taking ground as DOT.

Soon we will have news of Polygon advances and how its products will begin to interact with tools and ecosystems that run in the ERC20 environment. For my part, to move forward with this follow-up because it touches on large-scale projects in areas such as gaming or enhanced virtual reality, two potentials to change the relationships we know with cryptocurrencies and give greater push to other growing synergies.

On my part, to invite you to continue investigating these changes and their relationships with the blockchain and with that new exchange system that will soon be part of the daily and conventional. I leave some reference links for those who want to reinforce their knowledge on this topic.

 

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alquimista1501
alquimista1501

I am a Venezuelan, worker, father of a family who fell in love with this crypto world; I love reading news related to the crypto space, from the technological performance to the shape and concept of each currency in this world.


Cryptographic Alchemy
Cryptographic Alchemy

This blog contains my opinions on the world of cryptocurrencies, and how these digital records are the key to the change towards a new future, but that in many cases, we already live in the present. Always remembering that cryptos, and especially Bitcoin, are inevitable.

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