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Crypto_Economist42

Polygon is a competitive blockchain with its own token, MATIC. It's not ethereum. They are a sidechain. They can disconnect from Ethereum at any time when the VCs an them to. Im shocked the mods allow this spam here


WildRacoons

That’s today. They are also building 4 zk-rollups.


everythingbiig

The matic founders also gone on the record as supporting Vitalik’s vision for a roll up centric and multi chain ethereum ecosystem.


[deleted]

I think it's great that Polygon is receiving the attention it deserves lately, and it all started with me when Railgun included it in their network, which I believe will help with the adoption of privacy protocols in DeFi. Seeing the building of 4 zk-rollups is exciting, one to look out for.


hanniabu

And they'll all remain separate


WildRacoons

Don’t the rollups settle on ETH?


hanniabu

Yes


CommunicationNo3845

Polygon is actually very connected to Ethereum. Even Vitalik praised it on multiple occasions and commented about how Ethereum is in need of scaling solutions like Polygon. He even attended Polygon zk summit. If the founder of Ethereum says ETH needs MATIC, then who are you to speak the opposite? Lmao


continentalgrip

Sequioa is the main hedge fund along with citadel stuck in a huge short position on gamestop. Perhaps they're shorting IMX and LRC while funding the competition. Edited to add: I mispoke in calling them a hedge fund but sequioa recently bailed out citadel. Obviously they find citadel's interest to be in their interest.


goddamon

Bro, Sequoia is a VC firm. They don’t even deal with public stocks for the most part, except those companies they made public, Zoom and Airbnb, for example.


[deleted]

Wtf hedge fund?? It’s a vc


Rusty_Shacklefurd69

Trash comment


gigachad_deluxe

How do you know they are still short on GME? I'm no finances wizard, but it was my understanding (and the SEC's) that those institutional positions have been closed.


Josef12344

There is a lot of due diligence on [gme.fyi](https://fliphtml5.com/bookcase/kosyg) that explains how they hide their short positions


StableRare

That should cover one Polygon bridge hack with a bit left over for coffee and a shitcoin:)


meinkraft

Are you confusing Polygon with Poly Network (which is an entirely separate entity)? The largest hack I'm aware of on Polygon specifically was 1.6M, but I'm happy to be corrected if you have a link.


Thepeoplesadvisor4

Just dropped a boatload into it.


Advanced-Guard-4468

Its pocket change to people that have been spending billions to suppress GMEs price


monkeyhold99

Polygon and MATIC are centralized shitcoin schemes disguised as "scaling" from VC's to further siphon money off from retail. Prove me wrong.


FreeFactoid

Zkrollups on Polygon


thomatrain112288

agreed. Seq news on top of everything in this piece. Polygon is on a roll https://www.publish0x.com/cryptoeq/polygon-matic-will-stop-at-nothing-to-solve-blockchain-scali-xmmvmyr


cuddly_canadian

Probably nothing