Ethereum co-founder Vitalik Buterin stepped in following public remarks from Polygon co-founder Sandeep Nailwal, as he attempted to provide an acknowledgment of both the project and its leadership. Nailwal expressed frustration with Ethereum’s community, but said he remained loyal, even as he faced criticism over Polygon’s classification. Inside Ethereum Power Struggles In response, Buterin highlighted […]
Amid a notable downturn in the digital asset markets, blockchain developer activity has continued to rise, defying concerns that the ‘crypto market is dead.’ A recent report from Santiment highlights growth in development efforts across the top ten crypto ecosystems, with increases ranging from 11% to 26% in the past month. Increased Developer Activity According […]
High centralization can lead to increased influence by a few entities, potentially undermining the decentralized ethos that crypto strives to uphold. However, centralization continues to be a major bone of contention in space. As such, popular project tokens – Polygon (MATIC) and Shiba Inu (SHIB) – have emerged as the leading examples of high concentration […]
Polygon will undergo a mainnet upgrade on Sept. 4, 2024, following the community’s approval of the proposal. This upgrade marks the transition from the native MATIC token to a new one with the ticker POL and introduces fresh smart contracts. The Migration Process “Following PIP-42, consensus was reached that Polygon PoS validators must stake POL […]