What’s next for the future of Ethereum? Mihailo Bjelic from Polygon explains
With the transition to a scalable, energy-light proof-of-stake blockchain at play for Ethereum, many have forged doubts on the favored coin’s future, given the magnitude and complexity of the Merge improve. However, amongst distinguished stakeholders, one explicit mission stays closely bullish on Ethereum’s future, which is none apart from layer-two scaling answer Polygon.
On the annual Ethereum Group Convention in Paris, Cointelegraph’s occasions supervisor, Maria A., spoke to Polygon’s vp of development, Mihailo Bjelic, concerning the subject. Right here’s what Bjelic needed to say concerning the Merge:
“That is an improve on a dwell community that has hundreds of thousands of customers, billions in capital, and tens of 1000’s of purposes. It’s by no means straightforward, however the Merge has been within the works for over two years. All of the testnets have been profitable, the code has been audited, and many others., so I feel we’re greater than prepared for the improve.”
Bjelic then defined that it’s greater than doubtless that Ethereum will endure the bear market and get well: “Two causes. First, it is the house of innovation and growth. It is the place all of the builders are, it is the place 90%-plus of exercise is occurring. Tasks centered on the cash will disappear, however the true builders will keep.” He continued: “The second cause is that Ethereum is essentially the most safe, decentralized and programmable blockchain on the planet, by far. It’s completely positioned to be the middle of this multichain net that we’re making an attempt to construct to doubtlessly attain to billions of customers.”
Concurrent with this interview, Polygon introduced on Wednesday that it launched the Polygon zkEVM, or zero-knowledge Ethereum Digital Machine, that may doubtlessly scale the blockchain’s transaction output to even higher ranges. “It has full EVM compatibility, scalability and safety utilizing the ability of zero-knowledge proofs. I might say it is a main breakthrough when it comes to expertise,” stated Bjelic. On the adoption aspect, Polygon has onboarded over 30,000 purposes and 140 million person wallets since its inception.
