Polygon Criticized for Comparing zkEVM to Ethereum

02/28/2023 08:11 • Tech Ticker • 137 views

It was reported that Sandeep Nailwal, the co-founder of Polygon, had previously talked about the functions of the main network of Polygon on social media. However, some users are not satisfied with this. Many users object to the comparison between zkEVM and Ethereum. Shortly after the criticism of the encryption community, Ryan Wyatt, president of Polygon Labs, apologized and claimed that “there was a disconnect between the teams”.

The community’s criticism of the main network function of Polygon has affected the overall mood, and NFT and DeFi have been affected

Interpret the above information:

Polygon, a popular layer 2 scaling solution for Ethereum, has been under criticism due to the comparison between its network and Ethereum. Sandeep Nailwal, the co-founder of Polygon, has previously discussed the features of the main network of Polygon on social media. However, some users were not satisfied with this and found the comparison between zkEVM and Ethereum to be unfair.

Recently, the encryption community voiced their concerns over the comparison and Polygon’s claims. Many users have been objecting to the comparison between the two networks and found the claims by Polygon to be misleading. As a result, the president of Polygon Labs, Ryan Wyatt, issued an apology stating that “there was a disconnect between the teams”.

The comparison between zkEVM and Ethereum has been a controversial issue among the crypto community. While Polygon is designed to operate as a layer 2 scaling solution for Ethereum, zkEVM is a standalone network that aims to compete with Ethereum. Some users argue that zkEVM has a distinct advantage over Ethereum as it offers faster transaction speeds and lower gas fees. However, others believe that Ethereum has a more established network and better developer support.

Despite these concerns, Polygon’s team continues to work on improving its network and developing new features that can help it compete with other networks. Over the years, Polygon has emerged as a popular choice for those looking to perform transactions on the Ethereum network. The project’s founders have emphasized that its scalability, security, and flexibility make it a strong contender in the DeFi space.

In conclusion, the criticism of Polygon’s claims about its network’s functions highlights the intense competition that exists within the crypto space. The apology from Polygon Labs’ president reflects the company’s commitment to transparency and accountability. As the crypto ecosystem continues to mature, it is likely that we will see more competition between different networks and projects. Ultimately, it will be interesting to see how this competition shapes the future of decentralized finance and the broader blockchain industry.

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