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The Future of Polygon and Layer 2 Blockchains after the Merge

2 years ago thenewstack.io
The Future of Polygon and Layer 2 Blockchains after the Merge

Summary: This is a summary of an article originally published by The New Stack. Read the full original article here →

https://thenewstack.io/ethereums-big-day-how-the-merge-will-impact-web3-developers/, Ethereum’s highly anticipated move from proof-of-work consensus to proof-of-stake, completed just before Midnight Pacific Time on Sept. 14. Instead of miners solving math problems as a method to secure the Ethereum network, validators staking large deposits of Ethereum tokens will make sure the network remains secure.

Polygon’s approach to sustainability pre-Merge included offsetting the carbon emissions caused when Polygon interacted with Ethereum.

Polygon’s own carbon emissions, excluding Ethereum activities, are comparatively minimal, amounting to just 50.13 tonnes of CO2.

The Merge doesn’t change the variable transaction costs, or gas fees as they are frequently called, associated with Ethereum transactions.

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