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Polygon (MATIC) Founder Predicts Future of Ethereum Ecosystem, Names Catalyst for Next 1,000,000,000 New Users

July 27, 2023
in Altcoin
Reading Time: 2 mins read
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Polygon (MATIC) co-founder Sandeep Nailwal thinks his undertaking may signify “the endgame” by way of infrastructure for the Ethereum (ETH) ecosystem.

in a brand new interview on the Bankless podcast, Naiwal says that his undertaking’s transition to Polygon 2.0 doesn’t require any analysis at this level, simply engineering optimization.

“I believe the Polygon 2.0 imaginative and prescient really is, we imagine, the endgame for any infrastructure supplier. I used to be saying whether or not Polygon implements it or anyone else implements it, this seems to be to be an infrastructure or structure which might resolve the infrastructure period of blockchain. Not just for Polygon…

The top of the infrastructure period of Web3 could be the place you’ve got a community which is infinitely scalable and it’s composable throughout the community, proper?”

Nailwal says Web3 will succeed when functions are capable of take middle stage within the crypto world somewhat than the infrastructure suppliers.

“It needs to be the apps, which are literally constructing helpful functions for the customers. They need to be the heroes of this, and this can solely occur when this infrastructure struggle and infrastructure period, not less than stage considered one of this infrastructure period, is over, and we’ve an honest sufficient infrastructure which might scale Web3 to 200 million customers and even like a billion customers.”

Polygon Labs, the corporate behind the Ethereum scaling resolution, lately rolled out a white paper outlining future transformations for the platform’s native token.

The corporate says the technical proposal goals to enhance the MATIC token and rename it to POL. Polygon Labs says the upgraded token can supercharge the expansion of the community because it transitions to Polygon 2.0.

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Disclaimer: Opinions expressed at The Every day Hodl should not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual danger, and any loses you might incur are your accountability. The Every day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please notice that The Every day Hodl participates in internet online affiliate marketing.

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Tags: CatalystEcosystemEthereumFounderFutureMATICNamesPolygonPredictsUsers
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