What Is Polygon? Previously Matic Network, Polygon functions as a framework designed to connect blockchain networks (i.e. interoperability). Polygon seeks to build upon Ethereum’s limitations (poor user experience, throughput, lack of governance). Their solution is a sidechain. Developers can tailor their needs and launch preset blockchain networks. This means that the creation of sovereign blockchains …
dYdX is an open-sourced, decentralized exchange (DEX) built on the Ethereum blockchain. Users can lend, borrow, and bet using the margin trading protocol on the future prices of crypto assets. Tools you’d normally find in traditional finance markets will be brought to the forefront with dYdX. dYdX plans to take DeFi (decentralized finance) to the …
The Need for Layer-2 Ethereum has a lot of things going for it. The blockchain has a rich and powerful ecosystem. There is no shortage of developers and dApps. The competitive advantage is tough to beat. There’s only one problem—scalability. Due to Ethereum’s rising popularity, more dApps and users continue to join in on the …
