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Mert Mumtaz, co-founder and CEO of Helius, a Solana infrastructure utility, printed rage-filled anti-Polygon tirade; Sandeep Nailwal addressed controversy
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Mr. Mumtaz took to Twitter to debunk the “VC chain” narrative concerning the Solana (SOL) ecosystem and accused Polygon Community (MATIC) of centralization. Polygon leaders addressed his factors.
Solana (SOL) is 100x extra centralized than Polygon (MATIC), Helius’ Mumtaz says
Mumtaz acknowledged that Polygon (MATIC) is stimulating customers to work with its dApps through cash inflows. He additionally accused Polygon (MATIC) of an aggressive acquisitions coverage.
Polygon has obtained over 130M extra in funding than Solana
Polygon makes use of the cash to pay folks to make use of the chain and purchase firms
Solana makes use of it to enhance the tech and construct the group and has *1000’s* of extra nodes
do with this data what you’ll pic.twitter.com/ZOG6vs63hR
— mert | Helius (🧱, ⚡) (@0xMert_) December 6, 2022
Then, he claimed that Polygon (MATIC) obtained far larger funding from VC corporations in numerous rounds. In keeping with him, Polygon (MATIC) obtained $451 million from 48 VC corporations, whereas Solana (SOL) solely obtained $315 million from 38 buyers.
Polygon (MATIC) seems extra centralized than Solana (SOL) for Mumtaz as its validator group is smaller than that of opponents. This allegedly permits its core crew to cease the blockchain at any time.
Apart from that, the Helius CEO recalled a tweet from Polygon’s funding head, who introduced that over $500 million was invested by Polygon (MATIC) in Web3 start-ups.
Lastly, he recalled a 2021 tweet by a DeFi developer about the truth that Polygon (MATIC) activated its close-source laborious fork whereas informing nobody.
Polygon’s (MATIC) Sandeep Nailwal signifies mass dApp exodus from Solana (SOL)
Sandeep Nailwal, co-founder of Polygon, determined to deal with these accusations. He highlighted that such huge curiosity in Polygon (MATIC) shouldn’t be attributed to alleged cash injections by its crew:
The reality is all manufacturers wish to construct on Ethereum and never on half-baked L1s. Polygon is only a medium for them to entry Ethereum.
He recalled Polygon’s Reddit partnership to focus on that it’s completely unattainable to stimulate the world’s prime social media platform to make use of one thing as a technical foundation by funding help.
Then, he talked about repeated Solana outages that made the community unusable in 2021-2022. As lined by U.As we speak beforehand, the community was restarted by its crew a few instances.
Mr. Nailwal additionally offered the calculations to show that Polygon (MATIC) is much less depending on VC help that Solana (SOL) is. Lastly, he talked about 50+ tasks from the Solana (SOL) ecosystem that “pinged” Polygon (MATIC) devs to hunt help for migration to its blockchain.
As lined by U.As we speak beforehand, in Might 2022, Sandeep Nailwal labeled Avalanche (AVAX) “an entire failure” and slammed Avalanche’s subnets idea.
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