Choosing Polygon over Ethereum to Build Efficient dApps
Polygon aims to give people numerous choices when they create dApp on Polygon. Some developers keep security over speed while others compromise on security for lowered fees and speed – the technology is building multiple Ethereum-centric scaling solutions to address all these different features.
Ethereum has remained a pillar in the cryptocurrency space. Right from DeFi to smart contracts and even NFTs, Ethereum has remained one of the key innovations of Web3. However, inspite of the glaring success, the technology has struggled with massive network congestion, high network fees, and lowering transaction throughput – factors that have created a scope for newer crypto projects coming in to scale it. Polygon is one such project.
How does the Polygon dApp builder work?
Polygon is a Layer 2 scaling solution that enables developers to build dApps on Ethereum without getting stuck with Ethereum’s limitations.
How it does that is by developing a layer 2 solution using off-chain on-chain concepts and different governance models like Proof of Stake, which helps the network lower its energy footprint by 99.95% – one which Etherum has also reached after The Merge.
Features of Polygon for dApp development
The technology merges the capabilities of sovereign blockchains and Ethereum into an attractive feature set that helps developers build a decentralized app on Polygon that is highly efficient, scalable, and speedy.
Ethereum compatibility
When you build dApp on Polygon you work on a platform with complete Ethereum compatibility to tech stack, languages, standards, and tools.
High scalability
The technology is built on dedicated blockchains, a scalable consensus algorithm, and a customized Wasm execution environment.
Competitive network Greater security
Polygon dApp development is built on a modular “security as a service” facility offered either by Ethereum or a pool or validators.
Interoperability
The technology comes with a native support for the arbitrary messaging passing bridges for external systems and can easily connect with Ethereum main chain using the bridging SDKs polygon offers.
Good user experience
When you build dApp on Polygon it is very similar to one on Web2 purely at the back of a facility like instantaneous transaction finality.
Modularity
Polygon comes with high extensibility, customization, upgradability, community collaboration, and a short time-to-market.
These features of Polygon for dApp development are designed to bring the technology at par with the adoption of Ethereum minus all the limitations of the latter. This makes it profitable for developers and enterprises alike to build a decentralized app on Polygon.
Amidst these feature sets and the obvious benefits of Polygon for dApp development, is it time to let go of Ethereum? And on a technological level, what difference does Ethereum hold from Polygon dApp development?
Let us look into the differences to understand why it makes sense to build dApps on Polygon.
Factors | Ethereum | Polygon |
---|---|---|
Foundation | 2013 | 2017 |
Scalability | 10 TPS | 7000 |
Market Cap | 139.56 Billion | 7.698 Billion |
Average transaction fees | 0.4876 | US$0.01 |
Programming language | Solidity | Solidity, Golang, Vyper |
Transaction Deterministic Finality | Instant | 5 minutes |
Total dApps | 2970 | 53,000 |
The use cases to build dApp on Polygon
The biggest reason why Dapps developement company like Appinventiv choose Polygon is the fact that the end product is the same as what results from Ethereum app development but the customer experience is much greater. So while the businesses get the same Ethereum-powered app, their users get an innovative user experience, higher lowered transaction speed, and minimal transaction fees.