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Cryptocurrencies: 25788
Markets: 104004
Cryptocurrencies: 25788
Markets: 104004
Market Cap: $2,615,463,537,712     
24h Vol: $128,135,420,261
CryptoGlobe 2023-02-07 03:30:51

Bloomberg Strategist: ‘No L2 Has Created More Network Effects for Ethereum Than Polygon’

Bloomberg Strategist: ‘No L2 Has Created More Network Effects for Ethereum Than Polygon’
Recently, Mike McGlone, a Senior Macro Strategist at Bloomberg Intelligence (Bloomberg’s research arm on the Bloomberg Terminal”), shared his thoughts on the impact of layer 2 (L2) scaling solutions on Ethereum. Polygon is “a decentralised Ethereum scaling platform that enables developers to build scalable user-friendly dApps with low transaction fees without ever sacrificing on security.” The Polygon Lightpaper describes Polygon as “a protocol and
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