How do you view Matic's current status and investment value?
1. Polygon is a public chain built on Ethereum's Layer2 expansion solution. Compared with Ethereum, Polygon has more advantages in speed, scalability and availability.
Matic's development is much stronger than most public chains, mainly due to its BD capabilities. At the beginning of the DeFi boom, Matic was preparing to incubate DeFi on its own, but the results were not very good.
Later, AAVE was introduced to Matic, which was successful. The subsequent route of Matic was to pull cooperation, find relationships, and do market, and it really walked out of this road.
For example, after Luna's thunder, most of the applications of the Luna chain were migrated to Matic, which shows Matic's market capabilities. If Sol falls behind in this wave, Matic may also be the first choice.
2. Matic is very smart. After the ecosystem is established, it spends money to recruit people to engage in technology. For example, it directly bought the HEZ second-layer solution before. This path is still relatively successful, that is, to do market first and then technology.
At present, Matic still maintains this ability. For example, the phantom wallet of the Sol chain has chosen Matic. Matic has also accumulated a lot of ecology. These can be seen directly from the data. At present, TVL ranks 4th.
The data shows that in recent months, the number of smart contracts created by ETH, Polygon, BSC, and others is far ahead of many public chains.
The number of new projects of Polygon and BSC is comparable, but Polygon is actually more favored by developers to a certain extent in terms of decentralization.
Comparison between Matic and ETH
The motto of Polygon is "Bring the World to Ethereum".
Polygon adopts the Proof-of-Stake consensus mechanism (PoS: Proof-of-Stake), but Matic has gone its own way compared to ETH. In terms of technical route, it is very close to ETH... Even Matic may land these technologies earlier, so compared to ETH, Matic has a strong unique competitiveness!
