2 years ago
Polygon co-founder Sandeep Nailwal said Ethereum would look arsenic the ascendant astute declaration protocol — with each different competing furniture 1s falling by the wayside.
Speaking to Ran Neuner connected the Crypto Banter YouTube channel, Nailwal described his aboriginal imaginativeness of the crypto landscape:
“I don’t deliberation there’s going to beryllium a multi-layer 2 environment. There’ll beryllium a furniture 1 environment; determination volition beryllium 1 azygous furniture 1, which is Ethereum successful my mind.”
User enactment volition hap connected furniture 2s that interact with the Ethereum basal layer, said Nailwal.
Neuner said, “that’s a large statement,” and asked Nailwal to clarify whether if thinks the likes of Solana, Aptos, Avalanche, and Cardano volition yet disappear.
Nailwal said that nary of the antecedently mentioned protocols had demonstrated important traction, nor person their respective furniture 2s. With that, helium declared that nary different concatenation could vie with Ethereum.
“I don’t spot immoderate important traction connected immoderate of these chains.”
The video elicited a wide scope of comments — one user pointed retired that layers 2s beryllium to spot the failings of the basal furniture and that “new furniture 1s” necessitate nary patching.
Others spoke of Nailwal’s shortsightedness for dismissing the multi-chain future.
Polygon woes
On Feb. 21, Polygon announced cutting 20% of its workforce owed to prevailing macroeconomic conditions.
Despite the simplification successful headcount, the institution said it remains successful a beardown fiscal presumption — including currency holdings of implicit $250 cardinal and a MATIC warfare thorax to the tune of 1.9 cardinal tokens, valued astatine astir $2.7 billion.
Users mentioned a hold successful artifact accumulation that lasted astir two hours connected Feb. 22. Nailwal attributed the contented to a occupation with the autochthonal artifact explorer and recommended users usage OKLink successful the meantime.
The station Polygon co-founder sees nary aboriginal for Solana, Aptos, Avalanche, Cardano appeared archetypal connected CryptoSlate.
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