Notification
Mycryptopot
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • Nft
    • Solana
    • XRP
    • Tron
  • MarketCap
  • Market
  • Forex
  • Mining
  • Metaverse
  • Exchange
  • Regulations
  • Analysis
    • Crypto Bubbles
    • Multi Currency
    • Evaluation
Reading: Polygon’s Sandeep Nailwal thinks Vitalik Buterin doesn’t like Polygon POS, wants to know why
Share
bitcoin
Bitcoin (BTC) $ 111,667.92
ethereum
Ethereum (ETH) $ 3,956.52
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 1,117.19
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 2.61
binance-usd
BUSD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.19635
cardano
Cardano (ADA) $ 0.654031
solana
Solana (SOL) $ 196.02
polkadot
Polkadot (DOT) $ 3.15
tron
TRON (TRX) $ 0.297183
MycryptopotMycryptopot
Search
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • Nft
    • Solana
    • XRP
    • Tron
  • MarketCap
  • Market
  • Forex
  • Mining
  • Metaverse
  • Exchange
  • Regulations
  • Analysis
    • Crypto Bubbles
    • Multi Currency
    • Evaluation
© 2024 All Rights reserved | Powered by Crypto My Crypto Pot
Mycryptopot > News > Crypto > Altcoins > Polygon’s Sandeep Nailwal thinks Vitalik Buterin doesn’t like Polygon POS, wants to know why
Altcoins

Polygon’s Sandeep Nailwal thinks Vitalik Buterin doesn’t like Polygon POS, wants to know why

November 29, 2024 4 Min Read
Share
Polygon’s Sandeep Nailwal thinks Vitalik Buterin doesn’t like Polygon POS, wants to know why
mycryptopot

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.”

mycryptopot

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.

mycryptopot

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.

Land a Excessive-Paying Web3 Job in 90 Days: The Final Roadmap

mycryptopot

You Might Also Like

Dogecoin Price Sees Bi-Monthly RSI Rise To 2020 Levels, Here’s What Happened Last Time

Analyst Says Dogecoin Price Target Still Remains $3 Despite Crypto Market Bloodbath

Crypto Whale Moves $9.9M in BNB from Binance to DeFi Platform Aave

Solana as a Treasury Asset: A Growing Trend?

Meta to Downsize AI Division, Prompting Token Declines

TAGGED:AltcoinsAltcoins News
Share This Article
Facebook Twitter Copy Link
Previous Article three coins with smiley faces Bitstamp Officially Lists PEPE & Solana (SOL) In The US
Next Article three coins with smiley faces Bitcoin to Hit $250K? Hoskinson’s Bold Prediction
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
mycryptopot

Popular News

Tangle Network Partners with Orochi Network to Advance Blockchain Capabilities
Tangle Network Partners with Orochi Network to Advance Blockchain Capabilities
SONEX launches on Soneium’s mainnet 
SONEX launches on Soneium’s mainnet 
Shiba Inu
Solana Unveils “Seeker” Phone: Will SOL Spike To $250 Now?
Shiba Inu
Cardano: Recent Poll Has ADA Beating Out Ethereum & Solana
How Solana’s ETF success will propel SOL price to new heights above $500
How Solana’s ETF success will propel SOL price to new heights above $500
Highlights From ABS2024 In Taipei: 13,245 Attendees Gather For Asia’s Premier Blockchain Summit
Highlights From ABS2024 In Taipei: 13,245 Attendees Gather For Asia’s Premier Blockchain Summit
- Advertisement -
mycryptopot

You Might Also Like

image
Altcoins

Avalanche Mirae Asset Partnership Boosts Fund Tokenization

September 26, 2025
CoinGecko: Meme Coins Are #1 Trend in 2024, Solana Dominates
Altcoins

CoinGecko: Meme Coins Are #1 Trend in 2024, Solana Dominates

December 25, 2024
Ripple’s XRP Ledger to Get Smart Contracts, EVM Compatibility
Altcoins

Ripple’s XRP Ledger to Get Smart Contracts, EVM Compatibility

March 1, 2025
Dogecoin Price To Hit $1 First Amid XRP Price Crash, But ETFSwap (ETFS) Will Get There First With 10000% Rally
Altcoins

Dogecoin Price To Hit $1 First Amid XRP Price Crash, But ETFSwap (ETFS) Will Get There First With 10000% Rally

October 12, 2024
Mycryptopot

"Welcome to MyCryptoPot, your go-to source for the latest insights and developments in the ever-evolving world of cryptocurrency.

Editor Choice

Centrifuge Launches First Licensed S&P 500® Index Fund Token, with Interoperability Powered Exclusively by Wormhole
Standard Chartered Makes Giant $10 Trillion Claim for Cryptocurrencies
Threshold Network proposes bold plan to further decentralize WBTC

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Facebook Twitter Telegram
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Reading: Polygon’s Sandeep Nailwal thinks Vitalik Buterin doesn’t like Polygon POS, wants to know why
Share
© 2024 All Rights reserved | Powered by Crypto My Crypto Pot
Welcome Back!

Sign in to your account

Lost your password?