If you're a web developer, then you're probably familiar with dapps. Dapps are applications that run on a decentralized network, and they're often built on top of blockchain technology. While dapps have been around for a few years, they've only recently begun to gain mainstream traction. One of the key reasons for this is the rise of the Polygon blockchain.
Polygon is a Layer 2 scaling solution that allows dapps to operate on a separate blockchain that is attached to the Ethereum mainnet. This provides several benefits, including increased speed and scalability. In addition, because Polygon is built on Ethereum, it's compatible with all existing Ethereum tools and services. As a result, Polygon has become immensely popular with dapp developers in recent months.
How Polygon Works?
So how exactly does Polygon work? In short, Polygon uses something called "sidechains." A sidechain is essentially a separate blockchain that is attached to the main blockchain. Sidechains allow data to be transferred between chains without compromising the security of the main chain.
In the case of Polygon, the main chain is the Ethereum blockchain, and the sidechains are used to process transactions quickly and efficiently. Thanks to this design, Polygon is able to offer significantly higher transaction speeds than other Layer 2 solutions while still maintaining a high degree of security.
Why it Matters?
The importance of Polygon lies in its ability to make dapps more user-friendly. Due to their complexity, dapps have typically been used only by developers and early adopters. However, thanks to products like MetaMask and Gnosis Safe, it's now possible for anyone to use dapps without having to understand how they work under the hood.
Polygon takes this one step further by providing developers with an easy way to create fast and scalable dapps. As a result, we're beginning to see mainstream companies like Samsung and Microsoft launch dapps on Polygon. With mainstream adoption beckoning, it's safe to say that Polygon is poised to take dapps mainstream in 2021 and beyond.
While dapps have been around for a few years, they've only recently begun to gain traction due to solutions like Polygon which makes them more user-friendly. Thanks to products like MetaMask and Gnosis Safe, regular people can now use dapps without having understood how they work under the hood making them more accessible than ever before.