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Polygon better than Ethereum?

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@reeta0119
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Polygon is a chain that has gotten more attention because it is capable of running Ethereum dapps and it gives us the option to transact at lower transaction fees.
Ethereum is one of the biggest chains in terms of project adoption and is also based on the coin market cap. There are a couple of projects that are claiming that they are the Ethereum killer but so far this has not been a reality and I don't think that it is going to happen real soon. The crypto market is growing and many projects are coming up with different use cases they also trying to show that they are solving many problems in the ecosystem. While Ethereum is one of the biggest blockchain networks but this has been criticized because of the higher transaction fee find the team has been working to find a solution to reduce the fee. So far this has not been improved much however we can see the deep in the transaction fee after the migration from proof of work to two of stake.

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What is Polygon?

Polygon is a leading blockchain as of date and it's focused to empower web 3 and decentralized platforms for developers. This is also one of the chains that try to keep the transaction fee lower while keeping security their utmost priority. This chain has gotten more attention because it claims that it can run decentralized applications on its platform that are built on the Ethereum network. This has worked well and I put their website over 19k + d apps have used their platform to scale their performance. This is a good option I believe and if it continues then probably Polygon is going to be even bigger in the future.

Polygon believes in Web3 for all. Polygon is a decentralized Ethereum scaling platform that enables developers to build scalable user-friendly dApps with low transaction fees without ever sacrificing on security.

Polygon Ethereum killer?

These days many projects have come into the market and they claim that they are the Ethereum dealer but the reality is a bit different. We have to understand that there is not a small chain and it will never be easy to replace the entire chain and bring all the projects to some other chain. We are aware that transaction fees have been one after heat because of that Ethereum was criticized but is still the adoption is very high and will not be easy for any project to overcome in the shortest period. Maybe in the future, there is a better project that can offer even better services but by that time Ethereum will also improve.

I believe that this is not going to be easy for any project to replace Ethereum. The same also applies to Polygon because this is the chain that is more dependent on Ethereum but Ethereum is nowhere dependent on Polygon. This dependency does not mean that Polygon is going to replace the thorium but we can surely expect more adoption in the future and that is a different thing than replacing the entire chain of Ethereum.

Why Polygon is better

Polygon has got its token and it is called MATIC. This is an Ethereum token and it empowers Polygon Network which provides scaling solutions for the Ethereum chain. There was a time when it was not easy for everyone to use the Ethereum chain because of the higher transaction fee and credit going to Polygon which has made the Ethereum accessible for all. It is because the same applications can be used through the Polygon network in a secure environment while keeping the lower transaction fee. There was a huge difference as compared to both chains in terms of transaction fees. This is one of the reasons that went in favor of the Polygon network and this has gotten more attention from the users and projects.

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It is a practical example that people do not like to spend more money on transaction fees and Ethereum needs to understand this. The Polygon network worked in the right direction and makes Ethereum accessible for all who are worried about the transaction fee this has also benefited the theory and network because the project was able to run with the same technology while keeping the transaction costs affordable and with no sacrifice to the security. So in my opinion Polygon is a better network than Ethereum but both have their existence and I hope both continue to work to make things better for the community and projects.

I have invested in both projects including Ethereum and Polygon because I hope both have bright futures. Ethereum is one of the biggest projects that is going to make things better for sure because of the amount of development and bigger adoption that has already taken place.

The Polygon is not a very old project but in a short period they have got much attention and its token is also growing in terms of price value and market cap. I hope that my investment will bring more returns on investment in the long term and this is the reason why I also keep on investing from time to time when I see a better buying opportunity.

Thank You so much Stay Safe

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