Polygon Hits Back Over This Criticism Of Their New Product Launch
Polygon lately made an enormous announcement about their plan to launch zkEVM. zkEVM is a layer 2 scaling choice that makes use of zero-knowledge rollups to scale Ethereum.
Whereas most within the Polygon neighborhood celebrated the information, some critics have referred to as out Polygon over buying a couple of elements of the zkEVM know-how. Emir Gun Sirer, the CEO of Ava Labs, took a dig at Polygon and stated that Ava Labs is proud to announce that they’ve constructed their know-how with home-grown talent.
The feedback from Sirer didn’t sit properly with Polygon co-founder Sandeep, who referred to as him out for jealousy and acknowledged that Alt-L1 blockchains have an existential risk from L2 options like Polygon.
The Again and Forth, Defined
Sandeep believes that just like the Ethereum merge, the zkEVM is a milestone for the Ethereum neighborhood. The corporate believes that their zkEVM is absolutely equal to the Ethereum Digital Machine and can improve the pace of transactions whereas lowering gasoline prices.
Nonetheless, many critics have voiced the identical opinion as that of Sirer. Mudit Gupta, the Chief Info Safety Officer of Polygon, hit again at these critics and acknowledged that the Web3 neighborhood wants higher critics. He famous that firm did the sensible factor of buying helpful applied sciences fairly than reinventing the wheel.
Polygon Executives Reply Different Criticisms
The Zero-Data rollup market has been extraordinarily aggressive within the final couple of days. zkSync and Scroll additionally made main bulletins relating to their ZK initiatives. Nonetheless, Mihailo Bjelic, one other co-founder of Polygon highlighted that zkSync isn’t fully open-source and Scroll solely helps a portion of EVM compatibility.
Furthermore, Sandeep answered a number of critics’ queries relating to confusion between $MATIC and $ETH. He clarified that $MATIC would be the solely token used for all networks, nevertheless for gasoline charges, $ETH can be used on all public chains.
The Polygon neighborhood and their prime executives stay bullish to achieve their objective of turning into the TOP 3 most influential blockchain after Bitcoin and Ethereum.
