Polygon is still down. Seems like it is having some issues in a big way.
It is a reminder of how Hive just keeps chugging along.
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Polygon is still down. Seems like it is having some issues in a big way.
It is a reminder of how Hive just keeps chugging along.
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Polygon is my favorite "sidechain" but it is days like this when people should be reminded that we are dealing with a centralized spreadsheet here. The whole network is secured by one multisig wallet.
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This is not necessarily bad but when comparing blockchains it shouldn't even be taken into consideration, especially if we were to compare it to BTC or Hive. If it can go down due to "technical issues" it's not a blockchain in my book.
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valid. I have been trying to get some matic to the polygon chain since last night via my binance account but I cannot because transactions have been suspended due to the technical issues on the chain. I guess this is one of the way blockchains like hive outshine these centralised chains
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You can't keep people in the dark infinitely. Eventually shit like this will go down and all of those Solanas, Avaxes, and Matics out there will be exposed for their weaknesses.
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This.
Milk the rewards while they're on offer, but Polygon is not the solution to censorship or permissionless money.
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The worst part is that a lot of people from the ETH community actually endorse Matic as an ETH sidechain even though it has nothing to do with Ethereum.
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The only reasons a blockchain should go down are EMP, CME, ELE-sized asteroids, and Armageddon. Then again, with any of those, "technical reasons" are the least of our concerns.
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Agreed
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It's too bad it was down because I was busy in the morning and I forgot to do my PolyCub stake.
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Yikes, what a mess.
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Perfect timing. Unbelievable. I have never heard good reports about Polygon, other than fees compared to Ethereum, so I guess I shouldn't be surprised. Being down for this long is definitely not a good sign for the platform.
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Does it have any effect on POLYCUB?
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No, other than that people can't access it while it's down. PolyCUB is it's own platform on Polygon. The problems Polygon is having don't have anything to do with how PolyCUB performs.
It's working now! But it was down for a long time. Unless it's a HF, any network shouldn't have such a huge downtime.
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