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Speaking about the Ethereum blockchain ecosystem, both specialists and users unconditionally recognize it as one of the most popular, convenient and secure platforms in the cryptocurrency market.
But since there is nothing perfect in our world, then the use of Ethereum is associated with several problems. Due to its popularity and high demand, Ethereum is seriously affected by congestion due to its low bandwidth. To date, a solution has been proposed – to use the Polygon framework. At the same time,the use of matic rpc technology will allow utilizers to get a solution that will satisfy them not only by increasing the speed, but also by reducing the complexity and cost of operations.
Polygon as a solver of the problems of blockchain ecosystems
What good does Polygon bring to the Ethereum platform? To begin with, let remember that
blockchains are characterized by one problem, which experts called a ‘trilemma’. We are talking about the fact that any developer is trying to solve a rather difficult task – to create a decentralized, secure and fast network at the same time. Very often it is impossible to do this and developers have to sacrifice one feature in order not to lose the other two.
If we talk about Ethereum, its performance initially was within 15 transactions / second, since when the project was creating, no one expected large-scale transactions to be carried out by a large number of utilizers. As the blockchain ecosystem has evolved, a problem regarding the scalability of Ethereum has arisen. A multifunctional team of specialists undertook to solve it, and eventually they created the Polygon platform.
The Polygon project is a system of L2-solutions (L2S), which includes self-managed scaling
technologies (side chains). It is L2S that are able to cope, albeit not to the full extent, with the problem of Ethereum insufficient performance and high transaction fees. At the same time, the work of L2S is carried out above the main blockchain L1. It means that this so-called ’second floor’ does not make any changes to the first-level chain, and at the same time all the existing components of the L1S are used – smart contracts, security features, etc.
Some developers also classify sidechains as a part of L2S. This position causes a lot of controversy among specialists, many of whom believe that sidechains are far from the classical type of L2S. Despite the fact that sidechains are easily compatible with the EVM, and various applications can be deployed on Ethereum sidechain without any problems, they still have a rather significant drawback. This shortcoming is due to the lack of security of sidechains. Since the sidechain technology was developed with the aim of increasing scalability, the result was the appearance of its own security system, which means that decentralization of sidechains became limited.
Despite various opinions, second-layer solutions are necessary because they are compromises and make it possible to cope with the problem of scalability, speed and high transaction fees in various blockchain ecosystems.
Polygon API for your projects
In order to make the cryptocurrency sector even more user-friendly, the Polygon platform
successfully uses the API interface. Polygon API allows you to save time and resources by moving away from manual the blockchain infrastructure set up. And using RPC Fast as one of the remote call methods, you get the opportunity to act in different address zones and receive a response in JSON or XML formats.
Working with the main network (MainNet), your blockchain-project will be guaranteed not only
with a deployed network, but also with efficient processing and secure registration of transactions. The advantage of MainNet is that this network can be used to receive and send various types of transactions – NFT, cryptocurrency, any information.
If your task is to always have the most up-to-date, fast and accurate information about all your
transactions at hand, we are happy to welcome you to our Polygon API service. And, of course, when using the products of our service, you do not need to worry about security, because it is provided to you at the corporate level.
Polygon has become an indispensable assistant for Ethereum, significantly increasing the
capabilities of this platform, and our service is constantly working to expand our capabilities to provide you with fast, trouble-free and high-quality access to any geographically accessible zone for the implementation
of your projects.
