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.
Which is better Polygon or Ethereum?
Polygon is a “Layer-2” scaling solution for Ethereum, a way to enjoy the benefits of Ethereum without the infamous gas fees that hurt its users. Polygon is a blockchain network built on top of Ethereum to provide a faster and cheaper Ethereum experience, but it is far more than just a scaling solution.
Is Polygon an Ethereum killer?
While Ethereum killer – Solana provides major competition to the ETH platform, Polygon is just a step behind. The SOL blockchain provides much faster transactions at a reduced cost when compared to Ethereum and Polygon. However, Polygon came up to provide faster transaction speeds.
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 Polygon Matic replace Ethereum?
Conclusion: Polygon Remains Ahead Apart from that, according to the current knowledge, Ethereum will not be able to reach Polygon’s top speeds and prices even after the update. In addition, Polygon continues to work on introducing new scaling solutions.