Polygon is one of the leading crypto projects that seek to help Ethereum realize its full potential. Rather than compete with Ethereum, Polygon’s developers are working on innovative solutions that allow people to use Ethereum’s dApps (decentralized applications) without paying high fees.
Is Polygon a competitor to Ethereum?
Ethereum started a market where blockchain platforms were used for NFTs and smart contracts. It led to further expansion of the market and led to the birth of competitors like Polygon and Solana. While Solana provides major competition to the Ethereum platform, Polygon is just behind it.
Is Polygon the future of Ethereum?
According to the experts above, the Polygon (MATIC) price prediction shows that the performance of this crypto asset will be better in the long run. The interoperability of this Ethereum-based project is a concept that has made Polygon a strong competitor for blockchain technology for a long time.
Can Ethereum beat Polygon?
Polygon now says they can handle up to 65,000 transactions per second with an average block confirmation of fewer than 2 seconds. Whether it’s 65,000 now or the 10,000 number that’s been previously reported, it can handle a whole lot more than Ethereum.
