According to Bernstein, Polygon Blockchain Is the Web3 King

Acc. to a study report released by Bernstein, the Polygon blockchain has established itself as the main entry point for bringing Web2 users to Web3

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Starbucks (SBUX), NuBank, Reddit, Draftkings (DKNG), Robinhood (HOOD), and Meta/Instagram have adopted the system (META).

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Credit: Google

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It has actively hired staff from major international internet firms like Amazon (AMZN), YouTube, and Airbnb (ABNB)

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With the MATIC token trading at approximately $1.13, "the market has started rewarding it for building during the weak market

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Polygon's existing proof-of-stake (PoS) chain is not a long-term answer, according to Bernstein, who also claims that "Polygon has been parasitic to Ethereum."

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During the current weak market, it has constructed a working live solution for zk-rollups and is getting ready to publish it

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This enables Polygon to go past a technical hurdle and create a long-term scaling platform that can accommodate scale similar as the Web 2

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Credit: Google

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Ethereum layer 2 protocols called zk-rollups assist execute transactions independently from the main network to speed operations and cut expenses.

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