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Tuesday, September 28, 2021

What do you think about Stellar (XLM) being connected to Polygon?

I read an article today stating that NewsCrypto and Polygon will collaborate to improve interoperability and connect the Polygon and Stellar blockchains.

With energy efficiency being important nowadays, I personally like Stellar and also use XLM for crypto transfer with its fast and low energy usage per transaction despite the fact that XLM began as coins to transfer money between exchanges.

Pair that with polygon, which uses a revolutionary sidechain method to address some of Ethereum's constraints, such as throughput, bad user experience with high speed and delayed transactions, and a lack of community governance, you've got yourself a force to be reckoned with!

Due to the huge capacity of both blockchains, the Stellar-Polygon bridge allows for near-instantaneous swaps at nearly no costs which really sounds amazing! Also, by partnering with NewsCrypto, a further $10 billion in value in XLM will be unlocked for usage in DeFi.

In terms of transaction speed, XLM is by far one of the most underrated and promising payment-oriented blockchains currently available. They've developed a lot of relationships and have been diligently improving their network.

I believe that both Polygon and Stellars time to shine is approaching.



Submitted September 27, 2021 at 11:23PM by CarliEly https://ift.tt/3zT6rKo https://ift.tt/2Z7cX2s

from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/3kNalA1
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