Polygon (Matic), a second layer network designed for expansion and application infrastructure development on Ethereum (Ethereum), has been circulating among blockchain enthusiasts recently.From it $1 billion investment Enter Zero-knowledge technology Co-sponsored a $200 million Web 3.0 social media plan Integrate with Opera’s web browser to make its decentralized applications 80 million Android mobile users can access, The Internet is gaining momentum.

But apart from the partnership and business, the technical capabilities of the network, especially when compared with Ethereum, have also attracted the attention of many blockchain developers. In an exclusive interview with Cointelegraph, Polygon co-founder Sandeep Nailwal talked about the level of adoption of the network.

United Telegram: What is Polygon’s current gas price and transaction speed? How does this compare to Ethereum?

Sandeep Nailwal (SN): From Polygon Scan Explorer, you can see that the average block time is about 2.3 seconds. As for Ethereum, that is 15 seconds. Then the gas cost, you can see 0.001 MATIC tokens; this is a fraction of a penny.

CT: Are there any noteworthy non-fungible tokens (NFTs) dropped on the Polygon network recently?

Numbering: None of them have become like CryptoPunks or anything, but I think Polygon’s biggest support comes from gaming companies […] They all joined the NFT. If you go to the market and talk to any 10 different game teams, they will tell you that there are 6 to 7 built on Polygon.

But the NFTs that have dropped significantly are the largest brands Dolce and Gabbana. They recently sold $7 million. There are other large luxury high-end watch brands, these people are joining.Besides […] Elon Musk cast an NFT.Jack Dorsey cast the NFT in his first tweet, and […] Mark Cuban-all of this is only on the Polygon network.

#NFT Since 2020, there has been an astronomical increase in sales.

2020 total sales: $340 million
Total sales in 2021: $9 billion (so far)

Let’s look at what will happen in 2022. NFT is in sports, games and #metaverses It is becoming more and more popular now. https://t.co/VDD8v2YwVo pass through @cointelegraph

-Watts (@DaveWaslen) November 30, 2021

CT: What are some popular decentralized applications built on the Polygon blockchain? What is their total value lock (TVL) like?

Numbering: Polygon is now used by all decentralized financial applications in Ethereum. The only thing left is Uniswap. A week ago, the community stated that they are now also publishing on Polygon. Therefore, for popular DApps, I would say Uniswap, Aave, Decentraland, etc. I think the TVL across the bridge is about 5 billion or 6 billion U.S. dollars.

CT: What is your goal for investing in zero-knowledge technology?

Numbering: We have invested $1 billion in zero-knowledge technology, and we think this is the holy grail of blockchain expansion. Privacy is the second element-this is one thing everyone will be confused about. So you use ZK to verify calculations on Ethereum instead of sending back the entire data.Instead, you only need to provide proof that everything is calculated correctly on the second layer, and then place a […] Back to the concise proof of Ethereum.

CT: In your opinion, will the further upgrade of Ethereum match the network capacity with the second layer solution?

Numbering: Even if 2.0 appears here, it will not provide sufficient scalability.Next year, proof of equity [PoS] The upgrade will keep everything the same; like Ethereum, there are 13 transactions per second [TPS] Now, maybe it will reach 20 TPS [after PoS], But more than that. So this will not increase any scalability. Assuming that after three to five years, even if the shards come, we will have a prediction of 64 shards. Each runs at 20 transactions per second, but overall it is still 1,280 transactions per second, right? This is still not enough for the whole world.

related: Uniswap v3 contract deployment on Polygon was approved with a consensus of 99.3%

CT: What is the current adoption situation of Polygon?

Numbering: There are more than 3,000 active development teams. This was released by Alchemy not long ago. It should actually be as high as 5,000.This Daily active users on Polygon Already 50% more than Ethereum, and through the game NFT, we have seen a lot of things on Polygon.