Polygon (MATIC) co-founder, Sandeep Nailwal, envisions his project as a potential game-changer for the Ethereum (ETH) ecosystem, representing the “endgame” in terms of infrastructure. In a recent interview on the Bankless podcast, Nailwal expressed his belief that Polygon 2.0 could be the ultimate solution for any infrastructure provider in the blockchain space, offering infinite scalability and composability across the network.
According to Nailwal, the success of Web3 lies in shifting the focus from infrastructure providers to applications that deliver practical value to users. He emphasized that useful applications should take center stage in the crypto world, and for that to happen, the infrastructure era needs to come to an end. By achieving a robust and scalable infrastructure, Web3 can accommodate a massive user base of 200 million or even a billion users.
Polygon Labs, the company responsible for the Ethereum scaling solution, has recently released a white paper detailing future developments for their native token, MATIC. As part of the transformation towards Polygon 2.0, the technical proposal aims to enhance the MATIC token and rebrand it to POL. Polygon Labs believes that the upgraded token, POL, will contribute to the exponential growth of the network.
The vision of Polygon’s co-founder and the advancements in their scaling solution signal a promising future for the Ethereum ecosystem, hinting at a potential catalyst that could attract a substantial number of new users to the Web3 space.