Sandeep Nailwal, co-founder of Polygon, is making an attempt to crack a thriller. He needs to know why Vitalik Buterin, Ethereum’s co-founder, has stayed silent about Polygon PoS, a community that has arguably performed extra for Ethereum adoption than some other.
Sandeep vented on X, saying, “Chain Yoda requested me why Ethereum’s social layer resisted PoS as an alternative of supporting it… why Vitalik himself has endorsed Solana as a neighborhood of builders however virtually by no means Polygon PoS.”
Sandeep didn’t have a solution. As an alternative, he pointed to a mindset downside: “Our bias in direction of adopting and indisposition in direction of Definitions.”
Polygon PoS has grown into certainly one of Ethereum’s most important extensions. But, Sandeep feels the Ethereum elite doesn’t acknowledge its worth, elevating questions on favoritism and priorities within the blockchain world.
What makes Polygon PoS “nice?”
The crew claims Polygon PoS has one job—making Ethereum higher. The community slashes transaction charges to only $0.015 on common, about 10,000 instances cheaper than Ethereum’s mainnet prices.
It handles transactions off the primary Ethereum chain, processes them on its sidechain, after which finalizes them on Ethereum. This method reduces congestion and gasoline charges, making the Ethereum ecosystem extra accessible.
What makes Polygon PoS stand out is its Ethereum Digital Machine (EVM) compatibility. Builders don’t must rewrite their dApps emigrate from Ethereum.
As an alternative, they’ll use the identical instruments and frameworks. That comfort has drawn hundreds of builders to Polygon, boosting Ethereum’s ecosystem with out a lot further work from Ethereum’s core crew.
Safety is one other sturdy level. Polygon PoS makes use of a Proof of Stake mannequin the place validators and delegators safe the community. Validators confirm transactions, whereas delegators stake their tokens to again them. The setup retains the community decentralized and proof against assaults.
Technically, the community has two core layers. Heimdall handles governance and staking. Bor focuses on block manufacturing, guaranteeing transactions circulation easily to Ethereum’s mainnet. Collectively, they supply the spine for a system that reportedly helps over 3 million day by day transactions and holds $5 billion in property.
Vitalik: A Solana fan?
Sandeep’s frustration can also be about Vitalik’s obvious choice for Solana, a competing blockchain. Vitalik has overtly praised Solana’s resilience and its neighborhood of builders.
After the collapse of FTX, which hit Solana laborious, Vitalik shared optimism, saying the community’s actual builders would thrive with out opportunistic gamers.
Vitalik has known as Solana a “worthy competitor” to Ethereum. He likes its potential to decentralize successfully, citing its excessive Nakamoto coefficient. This measure signifies how distributed Solana’s validator community is, and Vitalik believes it’s a step in the proper path.
However that doesn’t imply Vitalik is blind to Solana’s flaws. He’s criticized its centralization, saying working a Solana node is way extra sophisticated than working one on Ethereum. That complexity limits participation, making the community much less decentralized.
He has additionally identified that Solana’s deal with pace and effectivity comes on the expense of decentralization, Ethereum’s core precept.
And clearly, Sandeep believes the Ethereum neighborhood has a bias towards summary ideas like decentralization definitions.
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