Ethereum and other Layer 1 blockchains are not ready to scale for mass adoption. This usability problem stems from what is known as the blockchain trilemma – a problem in which a coin has to sacrifice either decentralization, scalability, or security. Layer 2s like Polygon play a pivotal role in solving this problem for good. Thanks to Polygon, Ethereum can potentially scale for the next billion users. According to Sandeep Nailwal, the founder of Polygon, it’s only a matter of time until layer 2s explode, ushering in the network of value.
Sandeep Nailwal: https://twitter.com/sandeepnailwal/
#Polygon #Crypto #Blockchain
Timestamps:
00:00 Intro
01:06 Why Improve Ethereum?
04:10 Are Layer 2s Enough?
06:47 How Do Zero-Knowledge Proofs Help?
11:26 The Story Of Sunflower Farmers
16:00 The Swings Of Polygon/Matic
19:41 Traders Driving The Market
22:38 Mark Cuban Invests In Polygon
24:52 Preparing For Billions Of Users
28:34 Crypto Relief Is Saving Lives
32:55 Crypto Creates Communities
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