Tom Dunleavy – Senior Analysis Analyst at Messari – thinks there’s a vibrant future for the blockchain platform Polygon.
It has proven important development over the previous few years, rising the variety of its builders and attracting some main establishments.
- Dunleavy took it to Twitter to lay out probably the most notable current achievements of the layer 2 blockchain platform. He talked about the energetic addresses, whose quantity has surged by 90% quarter over quarter (QoQ), and added that roughly 90% of the distribution of Polygon’s native token – MATIC – is unlocked.
- The protocol can also be testing its zkEVM (zero-knowledge Ethereum Digital Machine). The scaling answer goals to resolve the blockchain trilemma – decentralization, scalability, and safety – and the entity believes it may very well be important for the event of the Web3 sector.
“To onboard the primary billions of individuals to Web3, blockchain structure should be capable of scale with out sacrificing safety. Till now, that has not been virtually doable, and builders and customers have had to decide on between the 2.
Polygon zkEVM is a breakthrough expertise that provides each scaling and excessive safety, thus opening a brand new chapter of mass adoption,” Polygon’s Co-Founder Mihailo Bjelic mentioned final summer time.
- Dunleavy believes the presence of Decentralized Social (DeSo) platforms is one other issue that might foster future development. The expertise combines social media and cryptocurrencies and permits customers to regulate and acquire possession over their content material.
- Messari’s analyst mentioned Polygon has already impressed some main establishments, with Starbucks being one instance. The American multinational chain of coffeehouses launched its Starbucks Odyssey program primarily based on Polygon and launched NFTs that relate to real-world experiences. Initially, the providing was accessible solely to US beta testers.
- Dunleavy additionally famous that the variety of builders on Polygon has soared from 200 in 2018 to over 1,000 as of now, which means that the community continues to evolve and entice extra consideration from customers in addition to devs.
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