With the transition to a scalable, energy-efficient proof-of-stake blockchain (dubbed the “Merge”) in the Ethereum game, many have questioned the future of the popular coin, given the scale and complexity of the associated upgrade. But among prominent stakeholders, one particular project remains optimistic about the future of Ethereum, and it is none other than Polygon’s second layer scaling solution.

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At the annual Ethereum Community Conference in Paris, Cryptooshala Events Manager Maria A. spoke with Polygon’s VP of Development, Mihailo Bjelic, on the topic. Here is what Mikhailo had to say about the merger:

“This is an upgrade to a live network with millions of users, billions in capital, and tens of thousands of applications. It’s never easy, but the merge has been running for over two years now. All testnets were successful. , the code has been audited, etc., so I think we are more than ready to upgrade.”

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Mihailo then explained that it is more than likely that Ethereum will survive the bear market and recover. “Two reasons; First, it is the house of integration. it’s where all the developers are, over 90% of the activity happens here. Money-driven projects will disappear, but real developers will remain.” He continued: “The second reason is that Ethereum is the most secure, decentralized and programmable blockchain in the world. the center of this free multi-network network that we’re trying to build to potentially reach billions of users.”

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Parallel to the interview, Polygon announced on Wednesday that it has launched the Polygon zkEVM, or zero-knowledge Ethereum virtual machine, that can potentially scale the output of blockchain transactions to even higher levels. “It has full EVM compatibility, scalability and security using the power of zero-knowledge proofs. I would say that this is a big technological breakthrough,” Mikhailo says. In terms of implementation, Polygon has connected over 30,000 applications and 140 million user wallets since its inception.