- Decentral Games announced a strategic partnership with 0xPolygon, which offers scalability to the community-owned metaverse casino.
- The layer-two scaling protocol is criticized for high transaction fees on the Polygon-Ethereum bridge.
- Polygon advisor states that zero-knowledge tech and roll-ups are set to take over scaling and privacy.
Polygon’s native token MATIC suffered a massive drop in price in a Black Thursday-like crash on September 8. The altcoin has recovered since then and started an upward climb.
Polygon makes a bullish trend reversal, ready to bounce back
Polygon witnessed a drop in price in the face of the market-wide bloodbath. The layer-2 scaling solution faced criticism for high transaction fees on the scaling protocol’s bridge with Ethereum. A pseudonymous trader on crypto Twitter, @GodofETH, posted a screenshot of estimated transaction fees of $1,465 for moving Ether on the Polygon-Ethereum bridge.
And another one.
Do I just keep paying $150 for it to fail, or leave a whole bunch of ETH in limbo and hope it is fixed?#matic #polygon https://t.co/RWOqPegjOj pic.twitter.com/Ep1qs2e8af
— Ethereum God GodOfEth.eth (@GODofETH) September 7, 2021
