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!
Hedgefunds suppressing an actual advanced layer 2 loopring because actual technological progression of crypto doesn’t fit into their business model