Polygon boss says he's been 'questioning his loyalty' toward Ethereum

Polygon co-founder Sandeep Nailwal has criticized Ethereum’s leaders for dismissing Polygon’s standing as a real Ethereum layer 2 — noting contributions that Polygon has made to Ethereum whereas receiving little recognition for these efforts.

Nailwal, who additionally serves because the Polygon Basis’s CEO, mentioned he’s now “questioning his loyalty” to Ethereum — significantly the Ethereum Basis and the group, which, based on him, hasn’t given Polygon any direct help.

“In reality, the reverse,” Nailwal mentioned in a submit to X on Monday, including that he has given his loyalty to Ethereum regardless that it has probably value him billions of {dollars} in Polygon’s valuation to not model itself as a layer 1.

Supply: Sandeep Nailwal

“The Ethereum group as an entire has been a shit present for fairly a while,” Nailwal mentioned earlier than suggesting that the “Ethereum group must take a tough have a look at itself.”

His submit later prompted a response from Ethereum co-founder Vitalik Buterin, who made some extent to acknowledge Polygon’s achievements within the broader Ethereum group.

Nailwal isn’t the one business chief who has handed out heavy criticism to the EF, which has undergone a serious management overhaul during the last 12 months.

Nailwal cited a submit from a former EF researcher Péter Szilágyi who shared an 18 month-old letter expressing his frustration along with his previous office, whereas Eric Conner, one in all Ethereum’s earliest builders, left in January, citing issues with Buterin’s management choices.

He acquired some help, together with from Solana co-founder Raj Gokal and former Solana Foudnation head of technique Austin Federa, who each advised that Polygon “group up” with Solana or change into a layer 2 on the Ethereum-rival community.

Vitalik Buterin praises Polygon, Nailwal

In response to Nailwal’s submit, Buterin acknowledged Polygon’s contributions to Ethereum, noting that it hosts the biggest predictions market platform in Polymarket and has superior zk-EVM know-how, amongst different issues.

Buterin additionally praised Nailwal’s private efforts with CryptoRelief, which has funded biomedical infrastructure and analysis in India.

Polygon nonetheless isn’t an Ethereum layer 2 in Vitalik’s ebook

Buterin did, nonetheless, be aware that Polygon lacks a proof system to get the total safety ensures that Ethereum layer 2s are supposed to present in response to Nailwal’s declare that Polygon isn’t handled as such.

Associated: Solana founder brews up new perp DEX ‘Percolator’

He identified that Polygon may simply “decide up off the shelf a ZK tech stack” that can allow a proof system, including that the know-how has “gotten fairly good” with proving prices now as low-cost as $0.0001 per transaction.