Exclusive Interview with Polygon's Head of Growth: Acknowledging the Value of L1s and Exploring More Possibilities for L2s
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Exclusive Interview with Polygon's Head of Growth: Acknowledging the Value of L1s and Exploring More Possibilities for L2s
As Ethereum enters the L2 era, many people have begun to contemplate the role and value of L1.
Navigating Web3 tides with focused insightsWritten by: Ignas
Compiled by: TechFlow
As Ethereum enters the L2 era, many have begun questioning the role and value of L1s. On this topic, Polygon offers valuable perspectives and insights.
In a recent interview with Ignas, Sanket, Head of Growth at Polygon, shared his views on L1s and L2s, Polygon’s ultimate vision, and a comparison between Polygon zkEVM and zkSync. In this article, we’ll dive deep into his insights and their development strategy.
Why do we need L1 in the L2 era?
“Ethereum has already won the L1 race and serves as a settlement layer, while Ethereum's scaling ecosystem includes Polygon, StarkWare, and other L2 solutions.”
Ethereum’s shift toward a B2B chain:
“Ethereum is transitioning from a B2C chain to a B2B chain. High-value transactions will continue using Ethereum as the settlement layer. Meanwhile, all other transactions will leverage Ethereum’s security, with other layers like Polygon serving as transaction layers.”
Polygon’s ultimate goal:
“Our primary goal is to scale Ethereum and expand its block space. Most activity will occur on L2s while still benefiting from Ethereum’s security.”
Why did Polygon build multiple scaling solutions?
“Since zkEVM and other ZK solutions are new technologies, it’s hard to know which approach will prove best. That’s why we acquired multiple teams—each pursuing different methods.”
Polygon’s current key products:
“Polygon has three main products:
• Polygon PoS;
• Polygon zkEVM (a ZK-based L2 scaling solution);
• Polygon Supernets (a framework enabling the creation of dedicated blockchains for specific use cases).”
Comparison between Polygon zkEVM and zkSync:
“Our team has developed the world’s fastest and most cost-effective proof system… Compared to zkSync Era, Polygon zkEVM provides a more developer-friendly and powerful solution.”
Is Polygon on the path to decentralized zkEVM?
“We have a clear roadmap toward decentralization, but it takes time. Starting fully decentralized could lead to many issues, such as reduced flexibility, so we don’t want to rush it. We prioritize launching a functional chain first.”
Native account abstraction:
“Account abstraction is still a new technology—we’re actively researching it together with partners like Stackup and Alchemy. Implementation takes time because we prioritize launching a working chain first.”
Building long-term solutions:
“When building an ecosystem, you can’t expect everything to be perfect from day one… We aim for slow and steady growth. True validation comes through withstanding the test of time.”
The future of Polygon PoS L1:
“Polygon PoS will undergo major upgrades… We’re upgrading it to become a true Ethereum Layer 2.”
The secret behind Polygon’s success in attracting partners:
“We’re pragmatic and focused on solutions that effectively scale… We believe crypto is a long-term game, and this mindset sets us apart.”
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Ignas | DeFi Research
