Is this the Holy Grail of low gas fees?
The gas fees are just too damn high. So how can the sacrosanct ideal of a scalable, secure and decentralized Ethereum be manifested so we don't have to pay them anymore?
For now, the answer may lay in some recently released and cutting edge tech from Polygon, the #13 biggest blockchain by market cap.
Today on CryptoSnap we're taking a look at why gas fees are high with ETH in the first place, and how people have tried to solve for this with sidechains, rollups and, finally, Polygon's zkEVM,
Plus we pose the question: how can you verify someone's legal drinking age without knowing exactly what it is? If you can crack that, then Zero Knowledge Proofs should be a doddle.
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00:00 – Am I of legal drinking age?
00:28 – Introduction
00:59 – What’s Polygon?
01:17 – Blockchain Trilemma
02:39 – Sidechains
03:58 – The problem with Sidechains
04:27 – Rollups
05:16 – Drinking age, the answers
07:02 – zkEVM
08:27 – What about Ethereum POS?
09:22 – The future of Polygon
10:21 – In a nutshell
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Disclaimer: No one involved with the making of this vid owns any MATIC, although James has a little bit of ETH. It's obv not financial advice.
#polygon #zkEVM #ethereum
