• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

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

July 27, 2023
in Ethereum
Reading Time: 2min read
0 0
A A
0
Polygon (MATIC) Founder Predicts Future of Ethereum Ecosystem, Names Catalyst for Next 1,000,000,000 New Users
0
SHARES
12
VIEWS
ShareShareShareShareShare

Polygon (MATIC) co-founder Sandeep Nailwal thinks his project could represent “the endgame” in terms of infrastructure for the Ethereum (ETH) ecosystem.

in a new interview on the Bankless podcast, Naiwal says that his project’s transition to Polygon 2.0 doesn’t require any research at this point, just engineering optimization.

“I think the Polygon 2.0 vision actually is, we believe, the endgame for any infrastructure provider. I was saying whether Polygon implements it or somebody else implements it, this looks to be an infrastructure or architecture which can resolve the infrastructure era of blockchain. Not only for Polygon…

The end of the infrastructure era of Web3 would be where you have a network which is infinitely scalable and it’s composable across the network, right?”

Nailwal says Web3 will succeed when applications are able to take center stage in the crypto world rather than the infrastructure providers.

“It should be the apps, which are actually building useful applications for the users. They should be the heroes of this, and this will only happen when this infrastructure war and infrastructure era, at least stage one of this infrastructure era, is over, and we have a decent enough infrastructure which can scale Web3 to 200 million users or even like a billion users.”

Polygon Labs, the company behind the Ethereum scaling solution, recently rolled out a white paper outlining future transformations for the platform’s native token.

The company says the technical proposal aims to improve the MATIC token and rename it to POL. Polygon Labs says the upgraded token can supercharge the growth of the network as it transitions to Polygon 2.0.

I

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney


Credit: Source link

ShareTweetSendPinShare
Previous Post

Winklevoss Twins Implement Leaderboard Tactic on Gemini to Boost Derivatives Exchange

Next Post

SEC Proposes New Rules to Address Conflicts of Interest in AI Usage by Brokerage Firms

Next Post
SEC Proposes New Rules to Address Conflicts of Interest in AI Usage by Brokerage Firms

SEC Proposes New Rules to Address Conflicts of Interest in AI Usage by Brokerage Firms

You might also like

VeChain Foundation Releases Q1 2024 Treasury Report

Evan Tangeman Gets 70 Months for $263M Crypto Theft Role

April 25, 2026
[LIVE] Ethereum Price Developments, October 22: Live News and Price Updates as ETH Price Crashes to $3800

Ethereum Price Just Hit a Level It First Touched 5 Years Ago: Is This the Bottom or the Beginning of More Pain?

April 27, 2026
Paul Tudor Jones Calls Bitcoin the Ultimate Inflation Hedge, Outshining Gold

Paul Tudor Jones Calls Bitcoin the Ultimate Inflation Hedge, Outshining Gold

April 29, 2026
Can The XRP Price Reach $3 In 2026? Prediction Websites Show The Possibilities

Can The XRP Price Reach $3 In 2026? Prediction Websites Show The Possibilities

April 25, 2026
EU Targets Russia’s Crypto Channels With Sweeping New Sanctions

EU Targets Russia’s Crypto Channels With Sweeping New Sanctions

April 28, 2026
Solana Is Failing to Reclaim $86 as ETF Flows Dry Up: Is the Channel Floor at $77 the Next Stop?

Solana Is Failing to Reclaim $86 as ETF Flows Dry Up: Is the Channel Floor at $77 the Next Stop?

April 29, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Bitcoin Renko Mari-Ashi Reveals Where The Bottom Lies And When The Rise Will Begin Again

Bitcoin Renko Mari-Ashi Reveals Where The Bottom Lies And When The Rise Will Begin Again

May 1, 2026
Ethereum Shows Strength With $1 Billion In Buying Despite Hawkish Fed

Ethereum Shows Strength With $1 Billion In Buying Despite Hawkish Fed

May 1, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.