Exploring MATICs long-term potential post Ethereum Merge - BitcoinEthereumNews.com
EthereumPaggalugad sa pangmatagalang potensyal na post ng MATIC na Ethereum Merge08 / 05 / 2022Balita ng Ethereum ng BitcoinăăEthereums Merge date is days away and the countdown has many people wondering about the fate of layer-2 scaling solutions.ăăYou may have noticed Ethereum-associated cryptocurrencies and tokens such as MATIC are up substantially in the last few weeks.ăăHowever, the move to proof of stake will solve some of the scalability issues associated with Ethereum, thus the curiosity about the future of L2s.ăăPolygon is one of the layer-2 solutions whose future might be at stake due to the Merge.ăăHowever, that will most likely not be the case.ăăNarito kung bakităăAlthough one of Polygons benefits is the rapid transaction count which is miles ahead of the Ethereum mainet. Even so, Polygon also provides significantly lower fees.ăăCongestion and high ETH prices are the main reasons for expensive mainet fees.ăăETHs price has gone up ahead of the Merge and will likely continue rallying. This means the transition to the PoS (Proof of Stake) consensus mechanism will do little to lower gas fees.ăăPolygon and other layer-2 solutions will continue operating to provide lower fees, hence MATIC will still be in demand.ăăNevertheless, there is more to Polygon than meets