this post was submitted on 16 Nov 2023
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Hi!

I know this question is related to Polygon but I would like to have the Ethereum community's point of view. After all, Polygon is a scalability solution for Ethereum and each one is making the other one better.

When I read about Polygon, half of the time, it is described as a Layer 2 solution. However, upon closer examination, it appears that technically, it functions as a sidechain.

I understand the distinction between Layer 2 and sidechain at a high level: Layer 2 security relies on Ethereum, whereas a sidechain is a completely independant chain that manages its own security with its own set of validators and consensus.

Though, I don´t really understand:

  • what makes people think Polygon is a Layer 2. I also could ask "What part of Polygon architecture follows the Layer 2 pattern?" ;
  • what makes actually Polygon a sidechain. I also could ask "What part of Polygon architecture follows the sidechain pattern?".

I hope my questions are clear.

Thank your for reading and sharing your thoughts / explanations!

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[–] somethingknew123@alien.top 1 points 10 months ago (2 children)

And it's controlled by a 5 of 7 (or 8?) multisig? I see it as a great representation of how little security and decentralization actually matter to money grabbers.

[–] CokesAndTokes@alien.top 1 points 10 months ago

ETH is also very centralized and is pretty unsecure.

[–] jimmycryptso@alien.top 1 points 10 months ago (1 children)

The real layer 2 chains are not any better in this regard. Arbitrum, Optimism, etc they all have multisig admin keys that can steal funds from the bridges, etc.

[–] Popular_Rub9075@alien.top 1 points 10 months ago

Metis is trying to decentralize their sequencer if I remember correctly.