Economists Express Polygon MATIC's Excellences Compared To Other Crypto Projects

MATIC Crypto. (Photo; Doc. Comparaciones)

JAKARTA - Mike McGlone, Bloomberg's senior macro strategist, recently shared his views on the crypto market and its latest trends in its report. In the report, McGlone said that Polygon (MATIC) leads the Layer 2 solution to Ethereum with unmatched network efficiency.

According to McGlone, Polygon is a magnet for blockchain developers by using advanced zero-knowledge technology to ensure privacy and transaction speed, U.Today reported.

Many large DeFi platforms such as Aave and Uniswap have migrated to Polygon, and the current number of decentralized Polygon apps is more than three times its closest L2 competitor and nearly half of Ethereum itself.

In addition to the appeal of development, Polygon is also a brand for NFT and Web3. More and more companies from the outside world are willing to enter into the new digital economy, and Polygon is a stepping stone for them to do so.

Beberapa perusahaan besar seperti Coca-Cola, Reddit, Starbucks, dan Meta telah bergabung dengan Web3 melalui Polygon dalam tahun terakhir. Secara keseluruhan, McGlone memperkirakan bahwa tren ini akan terus berlanjut dan menghasilkan dampak yang signifikan pada industri blockchain dan kripto.

For additional information, Polygon (MATIC) is a cryptocurrency project operating on the Ethereum network. Polygon aims to provide scalability and cost efficiency solutions for Ethereum blockchain applications.

Polygon offers a different solution from Ethereum by using different proof-of-stake consensus models and offers smart contracts that can be used by DeFi (decentralized finance) applications, games, and other applications. It also allows developers to create their own blockchain over the Polygon network.