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Author Topic: Whats your thoughts on polygon ?  (Read 162 times)
abderrazak belkhir (OP)
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August 26, 2021, 11:53:51 PM
 #1

Polygon now is one of the most used networks and it have really a very small transaction fees
Many exchanges like Binance announce already the matic integration
Can you guys share with me your thoughts about the future of the matic blokchain ?
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August 26, 2021, 11:57:05 PM
 #2

They have promising future but it is really up to their development team how far they want to go in this market.
People will just follow their progress and if they can keep up and sustain their development, then, we will see if they can truly attract more projets.
If binance will integrate their network, then, it means binance is seeing a bright future for this network.
And once it happens, it may really boost its popularity and expect more projects to be developed under their wings.
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August 27, 2021, 01:14:35 AM
 #3

Development needs to continue and they need to work to get their cross-network transfer fees down somehow. It's extremely easy to get coins onto the Polygon network but its expensive as hell to try and get them off. I would love to play around more with it but I don't want my funds trapped there or be forced to pay a crazy fee to get them back off.
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August 27, 2021, 03:41:55 AM
 #4

Polygon now is one of the most used networks and it have really a very small transaction fees
Many exchanges like Binance announce already the matic integration
Can you guys share with me your thoughts about the future of the matic blokchain ?
I think the future of polygon is quite high and achievable. The only thing I dont like being on their network is almost same with what happened on the eth network. Too many projects taking advantage of the decentralized nature of it and making a lot of scam and fake projects.

All in all, I like matic with the very low fees they incurred on their trades and transfer fee. Obviously this is a plus to all traders which relatively hurt with the trading fees on eth network. There are too many projects also migrating and expanding on them which a sign of adoption.

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August 27, 2021, 04:06:33 AM
 #5

It has low fees and a lot of projects are from ethereum are moving their applications onto this blockchain. Currently I do not see at a solution to ETH's problems. With the amount of users on Polygon we occasionally see congestion happening on there. If you set your fee too low then your transaction can remain pending for a good while.

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August 27, 2021, 04:36:56 AM
 #6

Polygon now is one of the most used networks and it have really a very small transaction fees
Many exchanges like Binance announce already the matic integration
Can you guys share with me your thoughts about the future of the matic blokchain ?
Matic will do well as long as they can demonstrate that they can be a safe place to build and trade and transaction fees must stay low and transactions fast. Over time however, more advanced technologies like Aurora on NEAR will take over so they must continue to innovate and provide more features.
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August 27, 2021, 05:30:47 AM
 #7

Polygon I admit as a good coin. If Binance Coin is going to integrate their network, then it will only reinforce that the better. Then, we have acknowledged the level of people's trust in Polygon, but what we need to pay attention to is whether they will continue to maintain their greatness. If not, someday Polygon will also be abandoned
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August 27, 2021, 06:00:47 AM
 #8

The best alternative for the Ethereum network is the Polygon network. As Polygon is a Layer-2 protocol built on top of Ethereum.
I already tried Polygon and it's really good, very low fee and fast is already given for sure with layer-2 protocols.

The only thing that I am still not fully satisfied with is the support of some exchanges (withdrawals/deposits), as of I think there are still few exchanges that support the Polygon network, even popular exchanges now still not supporting the Polygon network. But overall, Polygon is good.

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August 27, 2021, 06:26:43 AM
 #9

I see Polygon has a good chance to grow and maybe Polygon can compete with BNB or even Ethereum in the future but the developer and the team needs to work hard and make sure that their project can run and achieve their goals.
Polygon now still underestimate to become bigger and the price is not too high compare to the other coins/tokens but if the investor sees that the Polygon can bring them more money, they will invest more money in the project.
So maybe Polygon will be one of the top coins/tokens in the future but it needs to have patience before the project can become bigger and have more support.

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August 27, 2021, 04:14:03 PM
 #10

I strongly believe in Polygon. It attracts people’s attention because of its speed and low transaction fees. This summer, Polygon caught a real wave of hype as sometimes, especially at the end of June, daily trading volume on it was 6 times higher than on Ethereum. You notice that it is developing very rapidly, there are many projects that appear on this sidechain every day. Moreover, there are a lot of NFT-platforms on Polygon, and it is also very trendy.
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August 28, 2021, 01:44:38 PM
 #11

Polygon is a protocol and a framework for building and connecting Ethereum compatible blockchain networks. Aggregating scalable solutions on Ethereum supporting a multichain Ethereum ecosystem.
And their project make ETH network perfectly match with a low fee and speed equivalent to the technology base of ERC 20, and i think it will still evolve for five years next.
It is good choice to keep matic as their native coin for long term investment.
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August 28, 2021, 02:02:41 PM
 #12

I was already into BSC chain and thought how different it could be but I'm glad to find that it's much better. Also tried Avalanche but none of the chains are as cheap as Polygon/matic. The fees are below 1 cents even at this moment and the adoption is great. A lot of people I know including myself are on the way of shifting from BSC chain to polygon. It's always good to diversify your options and polygon/matic has established itself as a good option. I assume the price would too rise with the use.


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August 28, 2021, 02:16:57 PM
 #13

I like polygon due to the small transaction charges even I am expecting in the coming time we will good no of projects will launch their project on the polygon. At present, it just starts booming and I feel Polygon will perform much better in the coming time also so if someone has Polygon in their wallet should hold as it can give good profit in long term but it's not financial advice DYOR.

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August 28, 2021, 02:27:15 PM
 #14

Although I did not use it, I would say that it will take time to reach Binance. They will have to increase their tokens. If they can add tokens around the market, it will not take long to move forward. Their buyers will then grow and reach out to Binance

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August 28, 2021, 02:38:28 PM
 #15

There will be demand for Tier 2 solutions until Ethereum launches sharding. And this can take a long time, when there are enough shards in the network for all transactions to be processed in the first level.
Of course, the polygon has a great future, because in the next 2 years, many projects will use Level 2 solutions, and the Landfill is one of the most popular.

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August 28, 2021, 03:57:44 PM
 #16

I've never used Polygon networks but based on the volume of trade and projects using polygon networks, I think polygons need to be our radar for the long term investment.

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August 28, 2021, 04:27:44 PM
 #17

Polygon now is one of the most used networks and it have really a very small transaction fees
Many exchanges like Binance announce already the matic integration
Can you guys share with me your thoughts about the future of the matic blokchain ?

Polygon's long-term prospects I see are very good...

polygon has several advantages over bsc and I'm sure there will be a large adoption of polygons in the future. just look at what happened to Solana, the big adoption that is going on makes the price go up quite a lot.


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WalkerIVIV
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August 28, 2021, 04:32:35 PM
 #18

Can you guys share with me your thoughts about the future of the matic blokchain ?

Good chain as an alternative solution for ethereum. I have been using this one since a few monhts ago and especially to be used to play the NFT game that built in the polygon and so far so good.
Potentially to be the next ADA that sits on the top 3 of CMC.


MATIC was potentially to be placed into the top 5 of CMC. Im feeling good with its performance and it can even perform better compared with the BSC.
Thye future was so bright

i have been holding so many matic as well.

cricketkhampion
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August 28, 2021, 04:39:35 PM
 #19

In my opinion, the polygon is the best project. My friends said that you should make an investment in polygon because it is going famous very fast. so I suggest that you should make an investment and Polygon has a bright future and also have a very hardworking team I hope will give us benefit Smiley

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