Polygon 2.0 Officially started the Implementation by alokkumar121

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hive-167922 · @alokkumar121 · Sep 27 '23

$21.81

Polygon 2.0 Officially started the Implementation

Polygon is well well-known blockchain network and this has helped us to run many ethereum applications on this chain with reasonable transaction fees. The native token for this blockchain is known as Matic and it is one of the coins that has gotten more attention from the community. Some people say that Polygon is an Ethereum killer but I don't think it is going to happen because Ethereum is still king in the world of blockchains. Undoubtedly this polygon has opened doors of opportunity for the project who are running on Ethereum Blockchain as now they can run the same on polygon and they can keep their transaction fee very low. Ethereum is a good network on the blockchain but the only problem that people are facing is in the form of transaction fees.

https://i.imgur.com/PKCmDs3.png

[src](https://images.app.goo.gl/Jh9LmzRG2eegcYgR8)

Polygon offers cost-effective solutions on the blockchain which means the transaction fee is too low that we might not even pay much attention to this part. This has done great work on its blockchain network and this network is also trying to follow green energy to contribute to a better world. I am a user and I will always prefer to transact on any network or the platform where transaction fee is going to be low and this is the reason why BSC got more attraction from the users in the market. Now I know that the transaction fee on the Ethereum blockchain is also low but as compared to another blockchain network it is still on the higher side and the team has to look into this area to improve it further.

https://i.imgur.com/jctKrxN.png

### Polygon 2.0

Polygon 2.0 was started from June month onwards as for their road map and I am sure that with this upgraded version of Polygon, the team will try to bring many more innovations. Polygon has run on proof of stake since the beginning and Ethereum has also moved to the same mechanism last year so we can say that the proof of work is going to be adopted by more projects. Proof of work is something that was started in the beginning and many projects adopted it.

> Polygon 2.0, unveiled in June, is a set of proposed upgrades that radically reimagine almost every aspect of the Polygon ecosystem. Today, three Polygon Improvement Proposals (PIPs) were released that lay out the specific changes that, following community endorsement, will begin to take place in early Q4 of this year.

Read more about this [here](https://polygon.technology/blog/polygon-2-0-implementation-officially-begins-the-first-set-of-pips-polygon-improvement-proposals-released)

Since this project runs on proof of stake if you have matic in state form as per the requirement then you can be part of their governance. governance has become an important part of any project and this can be achieved only if we hold a decent number of tokens on the project because this way we can be part of the governing community who can decide whether change will be accepted or not. in simple language, we can discuss the example of splinter land where if you are holding the SPS in-game account then you have the authority to accept or reject the proposal submitted by the team or even by the community. similar fundamentals are applicable in the case of polygon as well as across projects in the crypto world.

### DCA in MATIC

Matic token has done pretty well in the last bull run cycle and this time it is available at much lower prices. I have been doing DCA on Matic for quite some time and I believe that this will bring better value since the project is doing a lot of development and they lead the innovation. I believe that innovation is very important in any project to bring something that the community requires and also this brings the next level of technology experience to the users or projects that are part of.
https://i.imgur.com/X8Olv9E.png

This is not the financial advice that I'm sharing in this post but yes if you think that project is good and you believe it is going to grow even more then you can consider it for investment but please do your search before you invest. I expect that this project is going to do better in the next bull run cycle and as part of my diversification strategy I have chosen this coin to be in my portfolio and this is the reason why I do dollar cost averaging on this coin.

***Thank you***

Posted Using [LeoFinance Alpha](https://leofinance.io/@alokkumar121/polygon-20-officially-started-the-implementation-)

👍 leo.voter, indiaunited, ecency, pataty69, mypathtofire, hodlcommunity, dwayne16, nainaztengra, sanjeevm, behiver, bagholders, solominer, bobinson, pouchon, muterra, bala41288, danielsaori, ctpsb, unpopular, muratkbesiroglu, karamyog, roger5120, reeta0119, kenny-crane, scripsio, chinchilla, libertycrypto27, forykw, brofi, vlemon, luckyali, underlock, mango-juice, gadrian, drax, cryptozenkart, spydo, netaterra, finguru, onealfa, codingdefined, steemaction, haveyoursay, bitrocker2020, amitsharma, jskitty, marianaemilia, stefano.massari, idiosyncratic1, decoding, coolguy123, sagarkothari88, khan.dayyanz, niallon11, splinterlandshq, raiseup, mightyrocklee, mistakili, samuraiscam, good-karma, hivehustlers, kawsar8035, kamilla19, imacryptogeek, and 432 others

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hive-112281	729,359,808	5%
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ctpsb.stem	685,929,940	100%
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elongate	540,106,752	16%
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luckyali.ctp	736,259,453	50%
finguru	153,435,210,644	80%
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brofi	305,800,867,040	2.41%
drricksanchez	51,727,123,403	10%
timmy-turnip	957,592,638	8%
liotes.burn	698,654,393	100%
samseny	576,528,475	50%
impurgent	675,737,084	40%
r-cine	0	2.41%
nfttunz	18,761,555,860	1.2%
hive-bulgaria	1,967,923,862	6.86%
libertyctp27	494,036,650	100%
muterra	709,123,016,896	93.91%
brofund-witness	693,127,989	2.41%
sabujdip	3,355,165,879	80%
zwhammer	549,280,084	25%
disha30	3,162,142,156	93.91%
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noempathy	7,004,748,268	100%
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lanchik	808,218,026	6.86%
gamerzaza	2,908,430,113	46.95%
elderdark	6,213,071,592	50%
banzafahra	1,082,428,921	8%
cugel	4,899,074,894	5%
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kushyzee	458,559,002	8%
acantoni	1,585,193,121	5%
hkinuvaime	520,869,301	5.5%
scrubs24	2,695,381,312	8.25%
trasto	52,429,229,613	8%
t0xicgh0st	485,263,403	100%
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beyondhorizonmm	16,245,571,035	70%
kojiri	563,950,916	5.5%
splinterlandshq	77,696,977,911	100%
antoniohive.vibe	496,249,104	6.86%
theargirova	2,373,372,941	6.86%
djrockx	529,462,959	8%
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didivelikova	684,138,873	6.86%
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jude9	2,159,794,408	8%
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ph1102.bee	971,380,440	100%
pix21	1,348,219,886	100%
golemnus	853,062,914	100%
johnripper	2,437,626,409	25%
theshot2414	680,517,211	4%
uygames	554,625,219	100%
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bluedevil0722	3,946,290,055	50%
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bteim	29,808,862,666	50%
diyan3973lenkov	2,933,867,531	6.86%
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femcy-willcy	444,606,392	8%
mmoonn	1,794,686,101	100%
vasilev89	1,328,167,117	6.86%
zuun.net	6,415,789,127	38%
hislab	536,983,453	100%
allentaylor	1,163,625,006	3.43%
hopestylist	800,355,452	1.4%
grabapack	2,741,862,158	8%
iliev26	1,670,073,657	6.86%
alex2alex	1,204,170,928	10%
balaz	15,804,655,155	30%
kingswill	2,816,436,292	100%
mypathtofire	1,484,691,424,992	50%
henrietta27	861,534,181	8%
duja	1,604,836,369	99%
atyourservice	28,900,224,748	100%
venarisyndicate	7,364,195,219	8%
beetrader	979,692,244	100%
prosocialise	9,078,789,198	5.5%
khaltok	1,481,850,737	16%
beststart	10,675,877,995	5%
mesk	547,395,975	5.5%
shawnnft	38,011,266,207	68%
dragonmk47	5,390,491,291	5.5%
pero82	10,117,236,653	100%
plicc8	1,523,012,465	16%
titly	477,692,476	50%
blesker	778,095,356	100%
cryptozenkart	175,831,908,903	50%
vrezion	819,504,958	100%
sharmbabe	1,349,954,691	100%
onos-f	1,278,220,285	7%
youdontknowme	558,372,437	3.12%
norseland	1,425,070,989	100%
mollybunny	7,889,161,357	50%
mestanophoto	818,287,050	6.86%
cryoverall	887,031,910	50%
genepoolcardlord	14,160,368,139	5.5%
inibless	835,429,650	8%
idksamad78699	5,779,814,679	9.6%
thoth442	781,608,920	8%
micheal87	1,842,617,204	16%
tuba777	2,114,279,528	46.95%
specific-leo	541,965,826	16%
leo.tasks	281,967,680	16%
neal.power	46,671,404,969	8%
cards4rent	46,490,793,976	50%
imacryptogeek	64,618,071,278	93.91%
marriot5464	1,254,258,186	50%
saboin.ctp	366,477,507	50%
rationale0440	4,160,508,339	50%
thepeoplesguild	1,642,459,230	5.5%
cindy911	11,575,827,351	16%
abu78	725,315,943	2.75%
peakecoin	853,439,608	100%
actordontee	1,119,645,067	8%
jesus-son	589,860,974	3.5%
beauty197	479,261,205	3.43%
sammyhive	3,045,840,371	100%
herculeand	1,069,376,120	10%
naviii	1,159,130,722	46.95%
countrysid	1,330,779,683	100%
abhay2695	8,279,660,132	46.95%
mhizsmiler.leo	2,460,341,187	75%
spshards	2,483,343,750	100%
glxt	2,492,330,120	100%
depressed.leo	777,942,129	16%
decrystals	4,831,345,589	100%
rifting	3,747,840,871	100%
the-lead	5,647,913,281	50%
timix648	498,080,028	100%
parasomnia	1,687,925,526	100%
decoding	92,582,126,086	100%
thehivemobileapp	1,588,087,992	5%
takhar	16,764,517,773	100%
happy411	1,412,992,000	46.95%
biyimi	1,035,439,948	18.78%
aslamrer	26,944,296,375	30.35%
pepetoken	9,076,532,857	10%
bihutnetwork	1,020,372,750	25%
mviews	61,623,250,719	100%
dev.maverick	10,272,963,625	100%
samuraiscam	71,729,700,837	5%
untilwelearn	1,600,043,579	24%
haveyoursay	111,236,864,505	100%
thea8	784,105,777	100%
dwayne16.leo	2,552,350,915	75%

@atyourservice · Sep 27 '23

I don't plan on investing in Polygon 2.0, but I like that there is still progress made on that front. Although, the recent decline of the NFT market puts everything in jeopardy. I'm sure the tech people will tell me that this new tech is groundbreaking, but I say let's wait a few months to see what's what before investing in anything. 😁

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@hivebuzz · Sep 27 '23

Congratulations @alokkumar121! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

<table><tr><td><img src="https://images.hive.blog/60x70/http://hivebuzz.me/@alokkumar121/upvoted.png?202309271229"></td><td>You received more than 580000 upvotes.<br>Your next target is to reach 590000 upvotes.</td></tr>
<tr><td><img src="https://images.hive.blog/60x70/http://hivebuzz.me/@alokkumar121/replies.png?202309271229"></td><td>You got more than 27500 replies.<br>Your next target is to reach 28000 replies.</td></tr>
</table>

<sub>_You can view your badges on [your board](https://hivebuzz.me/@alokkumar121) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>



**Check out our last posts:**
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@india-leo · Sep 27 '23

Indiaunited Curation 1695804853419

This post has been manually curated by @bhattg from Indiaunited community. Join us on our [Discord Server](https://discord.gg/bGmS2tE). 

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators. 

<sub>**100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.**</sub>

properties (22)

@indiaunited · Sep 27 '23

Indiaunited Curation 1695804847143

This post has been manually curated by @bhattg from Indiaunited community. Join us on our [Discord Server](https://discord.gg/bGmS2tE). 

Do you know that you can earn a passive income by delegating to @indiaunited. We share more than 100 % of the curation rewards with the delegators in the form of IUC tokens. HP delegators and IUC token holders also get upto 20% additional vote weight. 

Here are some handy links for delegations: [100HP](https://hivesigner.com/sign/delegateVestingShares?delegator=&delegatee=indiaunited&vesting_shares=175797.86593466165%20VESTS), [250HP](https://hivesigner.com/sign/delegateVestingShares?delegator=&delegatee=indiaunited&vesting_shares=439494.6648366542%20VESTS), [500HP](https://hivesigner.com/sign/delegateVestingShares?delegator=&delegatee=indiaunited&vesting_shares=878989.3296733084%20VESTS), [1000HP](https://hivesigner.com/sign/delegateVestingShares?delegator=&delegatee=indiaunited&vesting_shares=1757978.6593466168%20VESTS). 

[![image.png](https://files.peakd.com/file/peakd-hive/bala41288/46eaz12N-image.png)](https://discord.gg/bGmS2tE) 

<sub>**100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.**</sub>. 

This post received an extra 13.91% vote for delegating HP / holding IUC tokens.

properties (22)

@muratkbesiroglu · Sep 27 '23

Polygon is one of my favorites.

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@alokkumar121 · Sep 27 '23

This is a good project with potential to grow significantly in next market cycle

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@poshthreads · Sep 28 '23 (edited)

$0.02

https://leofinance.io/threads/alokkumar121/re-alokkumar121-1rk5f5id
https://leofinance.io/threads/uyobong/re-uyobong-28xs7yzv8
<sub> The rewards earned on this comment will go directly to the people ( alokkumar121, uyobong ) sharing the post on LeoThreads,LikeTu,dBuzz.</sub>

👍 poshtoken, nomnomnomnom

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@shawnnft · Sep 27 '23

$0.04

hmmm u dca into everything lol what do u not have. I don't think i have more money to buy matic. i maybe just focus abit more on a few tokens

👍 alokkumar121

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@alokkumar121 · Sep 27 '23

I am not a trader so I avoid it instead I invest through DCA and it is easy so I follow this. My buying happens automatically with DCA and this is the best part of it.

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@shawnnft · Sep 27 '23

u do TA? or u just buy everytime u have some money

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4 replies

@stefano.massari · Sep 27 '23

$0.04

thanks for these trainings, I consider Polygon the most performing layer 2 of Ethereum

👍 alokkumar121

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@alokkumar121 · Sep 27 '23

$0.05

Polygon is good ...

👍 stefano.massari

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@takhar · Sep 27 '23 (edited)

Great to see that development is happening during the bear season for Polygon. The team are always focused on innovation and doing things better. DCAing on Matic is a good idea as they will probably come out strong when the bull season eventually arrives.

properties (22)