Polygon is a decentralised Ethereum scaling platform that enables developers to build scalable user-friendly dApps with low transaction fees without ever sacrificing on security.
Polygon is a secondary scaling solution for the Ethereum blockchain. These types of solutions work on top of an existing blockchain network rather than using their own blockchain. In this instance, Polygon works on top of Ethereum which has become slow and expensive to use as it becomes ever more popular.
Built by developers, for developers Polygon combines the best of Ethereum and sovereign blockchains into a full-fledged multi-chain system.
It is able to fully benefit from Ethereum’s network effects
It is inherently more secure
It is more open and powerful
1.0 Our Findings: Thriving Ecosystem
We believe Polygon is a top scaling solution for Ethereum because of its thriving ecosystem.
The business ecosystem is the concept that a business is part of a broader network, just like any product. Companies co-evolve technologies in a market environment around an innovation. They work cooperatively and competitively to support new products, satisfy customer needs and ultimately implement the next round of innovations.
So simply put, business ecosystem is a dynamic group of largely independent economic players that create products or services that together constitute a coherent solution.
To demonstrate, Over 7000+ dApps have used Polygon to scale their performance since Polygon is committed to fostering the growth of Web3 applications by providing the infrastructure needed for Web3.
Ecosystems improve companies’ opportunities to innovate, grow and succeed in the international competition.
Polygon makes Ethereum accessible for all
which is the source of a thriving ecosystem
ETH Compatibility Industry dominance, established tech stack, tools, languages, standards, enterprise adoption
Scalability Dedicated blockchains, scalable consensus algorithms, custom Wasm execution environments
Security Modular ''security as a service'', provided either by Ethereum or by a pool of professional validators
Developer Experience Equivalent to Ethereum, no protocol level knowledge required, no token deposits, fees or permissions
Conclusion
Polygon is a top scaling solution for Ethereum because of its thriving ecosystem.
Key Purpose: Uncovering The True Value of Polygon.
Key Readings & Sources:
(PDF) Business ecosystem as a perspective for studying the ...
https://www.researchgate.net › publication › 228931933_...
In Search for the Core of the Business Ecosystem Concept:
http://ceur-ws.org › Vol-2053 › paper09
The Business Model Ecosystem - Pure
https://pure.au.dk › files › The_Business_Model_...
(PDF) Business ecosystem as a perspective for studying th e ...
https://www.academia.edu › Business_ecosystem_as_a_...
Ecosystem as Structure - SAGE Journals
https://journals.sagepub.com › doi › pdf
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