Manage episode 293953909 series 2455731
Platforms like Ethereum have billions of dollars of market cap and large developer communities. However, it is still a challenge to build widely adopted DApps on it because of current limitations. Blockchain Proof of Work transactions are typically slow, and Proof of Stake transactions trade off decentralization to achieve high throughput. Transaction fees get expensive, especially for high network load times, scalability is low and this creates a bad user experience.
The company Polygon (previously Matic Network) solves some of these problems with their platform for Ethereum scaling and infrastructure development. Polygon combines the features of stand-alone blockchains (like sovereignty, scalability, and flexibility) and Ethereum (security, interoperability and developer experience). These features enable scalable solutions on Ethereum and support a multi-chain Ethereum ecosystem (polygon.technology).
In this episode we talk to Denis Ermolin, a Senior Software Engineer at Polygon. Denis was previously a Senior Software Engineer at Animoca Brands, and CEO of Moonrealm Entertainment before that.
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