Polygon Studios' Ryan Watt talks about the fundamentals of Web3 and a fairer internet
Ryan Wyatt, CEO of Polygon Studios, shares his thoughts on blockchain upgrades and his plans for Polygon to support the next Web3 disruption.
Analysis
The year 2022 in crypto has been eventful in many ways. However, the negative impacts of a bear market have dampened the excitement around blockchain upgrades that have brought crypto ecosystems significantly closer to the future of finance.
For bitcoin, it was the Taproot soft fork upgrade, which aimed to improve the scripting capabilities and privacy of the bitcoin network. Ethereum has undergone the Merge upgrade from a proof-of-work consensus mechanism to a proof-of-stake (PoS) consensus mechanism.
Polygon, Ethereum's leading decentralized scaling platform, kicked off the year with mainnet upgrades based on Ethereum Improvement Proposal (EIP)-1559, otherwise known as the London hard fork. The upgrade came with Polygon (MATIC) token burning and better fee visibility.
On January 25, Ryan Wyatt joined Polygon Studios as CEO after stepping down from...
Ryan Wyatt, CEO of Polygon Studios, shares his thoughts on blockchain upgrades and his plans for Polygon to support the next Web3 disruption.
Analysis
The year 2022 in crypto has been eventful in many ways. However, the negative impacts of a bear market have dampened the excitement around blockchain upgrades that have brought crypto ecosystems significantly closer to the future of finance.
For bitcoin, it was the Taproot soft fork upgrade, which aimed to improve the scripting capabilities and privacy of the bitcoin network. Ethereum has undergone the Merge upgrade from a proof-of-work consensus mechanism to a proof-of-stake (PoS) consensus mechanism.
Polygon, Ethereum's leading decentralized scaling platform, kicked off the year with mainnet upgrades based on Ethereum Improvement Proposal (EIP)-1559, otherwise known as the London hard fork. The upgrade came with Polygon (MATIC) token burning and better fee visibility.
On January 25, Ryan Wyatt joined Polygon Studios as CEO after stepping down from...
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