Ethereum scaling network Polygon’s Co-Founder Sandeep Nailwal predicted that Ethereum would be the only standard smart contract protocol that overtakes all other layer-1 competitors such as Solana, Aptos, Cardano, and Avalanche. In a recent interview with Crypto Banter, a YouTube channel, Nailwal said; I don’t think there’s going to be
Sandeep Nailwal, the co-founder of Polygon, discussed his forecast for the cryptocurrency environment in an interview. He anticipated that Ethereum would surpass all other layer 1 competitors to become the standard smart contract system. Sandeep Nailwal stated: I don’t think there’s going to be a multi-layer 2 environment. There’ll be
Polygon Labs has reduced its workforce by 20%, citing the need to focus on core competencies across fewer business divisions as the reason for the layoffs. Over one hundred workers were affected; they would be offered three months’ worth of severance as part of the turnaround plan. On the other
Polygon (MATIC) has been a top performer this past week, and with its recent Dogecoin flip, it may be trying to overtake Cardano and Binance USD next. Although the industry as a whole has felt the effects of Bitcoin’s surge to over $25,000, no other altcoin has witnessed benefits on
Polygon Network’s native token MATIC is in the surge over a month’s time period. The token has witnessed seven continuous weekly green candle marches. This is the first of its kind for the token. The beginning of the year 2023 is good for many of the cryptocurrencies and one team
Polygon (MATIC), one of the most prominent scaling initiatives on Ethereum, is preparing to launch a mainnet version of its new Layer-2 scaling solution, zkEVM, on March 27. For this reason, zkEVM will be a ZK-Rollup, which performs computations off-chain on a separate layer. This will facilitate safer, more convenient,
While the crypto market beholds a significant rally, the top cryptocurrencies outperform the market with bullish momentum. The king Bitcoin (BTC) has surpassed to $24,000 range, and the top altcoin Ethereum (ETH), is near $16,000. As, the global cryptocurrency market cap has surged to $1.05 trillion, which increased by 1.5%
The global cryptocurrency industry has a promising outlook as the new year kicks into gear. Bitcoin (BTC), the dominant coin in the crypto market, has witnessed a massive price rally since the beginning of 2023. During the past 24 hours, Bitcoin hit a price range of $23k, and it is
Since the start of 2023, the global cryptocurrency market has witnessed significant gripping changes. As the leading altcoin, Polygon (MATIC) joined the trend by “overtaking” the second largest crypto Ethereum (ETH) in daily active users (DAU). This year Polygon maintains its impressive growth. And the Polygon blockchain has lifted to
Polygon (MATIC), an Ethereum layer 2 scaling protocol, has successfully completed a hard fork. The upgrade intends to address the network’s gas spike and chain reorganization issues (reorgs). As per Polygonscan data, the software was upgraded to Polygon PoS. In an Ethereum-compatible Proof-Of-Stake sidechain, on Jan 17 at 10:45 UTC
