Polygon never set out to slay Ethereum, despite perceptions at the time, says co-founder Anurag Arjun.
Polygon and Avail co-founder Anurag Arjun says the pivot to a PoS network was to"ship something useful to users to get feedback again."Contrary to reports at the time, Polygon never attempted to slay Ethereum. Back in 2021, various organizations, including CoinGecko and the Nasdaq, labeled Polygon as a “faster and cheaper” blockchain than Ethereum and built a perception among some that the project’s proof-of-stake blockchain intended to become an “Ethereum killer.
He says this is why Polygon pivoted to the Polygon PoS network in 2020 before ultimately building out a suite of ZK-rollup solutions. However, internally, it was simply a product pivot. Polygon needed to “ship something useful to users to get feedback again.”Arjun, Jaynti Kanani and Sandeep Nailwal formed Matic Network in 2017 after meeting in a buzzing co-working space, a classic start for crypto hustlers.by GQ India as India’s first “crypto billionaires,” Arjun reiterates that the ride wasn’t always so smooth sailing, especially after the Plasma solution didn’t work out in “the depths of the bear market.
But if you were playing a game of “who’s most likely to have over 100K followers” at a dinner party, his humble and polite tone would probably make him the last pick.In “the early days” of Polygon, he wasn’t even active on Twitter ; he was too busy working on the project. Over the years, as Polygon took off, he saw a big spike in followers. His content still includes learning threads like in the early days, but now he also drops hints about his success.
The reason he keeps going on about rollups is that he thinks a lot of people don’t really get what they’re for.
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