Ethereum blockchain scaling solution Polygon hoping to benefit from The Merge
Ethereum has now completed The Merge and shifted the Ethereum blockchain from the proof-of-work (PoW) consensus mechanism to proof-of-stake (PoS), drastically reducing its environmental impact.The Merge could benefit Polygon (MATIC), a Layer-2 scaling solution and protocol stack meant to address Ethereum's scalability problems. According to CoinMarketCap, as of 15 September, ETH was trading at $1,608, an increase of 5.68% over the previous week. MATIC was trading at $0.8573. ETH's year-to-date (YTD) losses were roughly 56%. MATIC's YTD losses were approximately 66%.
Source
https://t.me/Matic_Chainlink_Monero
