Polygon PoS Chain - A Commit Chain? DeFi Explained

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  • Опубликовано: 2 окт 2024

Комментарии • 179

  • @Finematics
    @Finematics  3 года назад +15

    ❓ What do you think about Polygon Commit Chain? Comment down below
    👍 Hit the like button if you enjoyed this video
    💛 Support Finematics on Patreon and join our Discord community ► www.patreon.com/finematics
    🐦 Follow Finematics on Twitter ► twitter.com/finematics
    📘 Check out our FREE Guide to DeFi ► finematics.com/guide-to-decentralized-finance/

    • @donotbegullible
      @donotbegullible 3 года назад

      $matic price will go to another galaxy🚀🚀🚀🚀

    • @jadeemme3697
      @jadeemme3697 3 года назад +1

      very imformative video! never knew blockchains can work like that. as someone who's ignorant to a lot of this, this was helpful-- especially with terminology of parachain/ commit chain/etc. speaking of, can you make a video about $cell cellframe? they;re saying "quantum-resistant" chain and i'm like, well, does that even MEAN anything? i had that same idea about polygon like what does "commit chain" even mean, but this video helped.

    • @alenngk
      @alenngk 3 года назад

      I see, censorship?

    • @jadeemme3697
      @jadeemme3697 3 года назад

      @@alenngk I don't know. Sometimes i feel like blockchain projects just throw terms around as buzzwords but it doesn't mean much. This video at least cleared a few things up for me for polygon.

    • @gypsyauh2o
      @gypsyauh2o 3 года назад

      I'm just now finding your channel. These are the best "explainer" videos I've ever seen. Good job dude!

  • @Proxy412ForToo0hh
    @Proxy412ForToo0hh 3 года назад +56

    You are an outstanding teacher for the most important crypto concepts and projects. Keep putting out bangers, I could watch to you talk and draw about Polygon all day. Cheers!

    • @Finematics
      @Finematics  3 года назад +4

      Thank you! :)

    • @Shivtan
      @Shivtan 3 года назад

      @@Finematics Your explanation are amazing , i found your channel few days ago and I am watching your all videos
      Thanks for such amazing details video
      Please make a explanation video on " "Solana Ecosystem" & it's solana token
      And please upload regular video we need more videos from you
      @Finematics Please

    • @vikingemcee1242
      @vikingemcee1242 3 года назад

      @@Finematics Is Polygon MATIC trying to be its own independent chain eventually or is going to remain a Sidechain / Commitchain Layer 2 to these other bigger chains like BSC and ERC20?

  • @hjphan1030
    @hjphan1030 3 года назад +9

    The best blockchain tech channel on RUclips. Nobody dives this deep into the fundamentals.

  • @crackedtvgaming
    @crackedtvgaming 3 года назад +34

    Was waiting for this after my Poly bag exploded yesterday!

  • @piechun7663
    @piechun7663 2 года назад +22

    Totally agree with you, Finematics. Defi is our future and top in 2021 is really strong. But i think you should take a look at some other project. I know one about Defi with KDG token. It is really potential project but less people know about it. Can u review?

  • @quesomoto1575
    @quesomoto1575 3 года назад +1

    I enjoyed the nitty gritty details in this one. Thanks as always.

  • @ItsSkyGuy
    @ItsSkyGuy 3 года назад +13

    Great video on The Matic Network (Polygon) love the content!!

  • @jastallion45
    @jastallion45 3 года назад +11

    "Another one, we the best" DJ Khaled voice.. Great job again.

  • @zacs8654
    @zacs8654 3 года назад +8

    Thanks for the good clarification Finematics, Polygon Matic seem to be doing everything possible to scale Ethereum....kudos

  • @chopragaurav1
    @chopragaurav1 3 года назад +24

    Only 7k views in 24 hours!? 🤔
    This is probably one of the most important videos in crypto domain.
    Explaining complex topics is not easy.
    Thanks 🚀

    • @UserHuge
      @UserHuge 3 года назад

      Did it explain important concerns like wether the sidechain's progress won't get stuck or which tokens can go through the mentioned bridges? Nope.

  • @Mrbeastifed
    @Mrbeastifed 3 года назад +8

    I would love to see a video on ZKsync

  • @nufractal2955
    @nufractal2955 3 года назад

    Unrivaled Crypto content. Incredible!

  • @guknj
    @guknj 3 года назад +3

    Hi! Can you post a Harmony One video please? I like your videos so much. Thanks!

  • @TheSpacemanSpliff
    @TheSpacemanSpliff 3 года назад +16

    Once you use Polygon, you can easily see why it’s going parabolic now with an insane number of transactions and project integrations every hour. It’s definitely something the Ethereum space needs, and it’s just starting to gather real traction. This will be a snowball effect, and once it starts going it won’t be stopping any time soon. Buy in during the correction dip after the recent pump and hodl the hell out of it.

    • @chillwithme9520
      @chillwithme9520 3 года назад +1

      I was wondering when we do a transaction, how when to choose Layer 1 or Layer 2 though.

  • @jesseglass1257
    @jesseglass1257 3 года назад +8

    You always do such an amazing job. There was so much info that I'm gonna have to watch this one twice!

  • @mattgene
    @mattgene 3 года назад +11

    This is so hard to understand...but one thing I know for sure is that Polygon is trustworthy!

  • @binayakkc8869
    @binayakkc8869 3 года назад +1

    Very helpful, thank you 🙏

  • @4043madhav
    @4043madhav 3 года назад +1

    Can you please make a video on DeFi on Avalanche (AVAX)?

  • @Guitareben
    @Guitareben 3 года назад +2

    Polygon is the future.

  • @NhanTran-ks1cd
    @NhanTran-ks1cd 3 года назад +5

    I've invested in Polygon. This is one of the smartest investments in my life.

    • @NhanTran-ks1cd
      @NhanTran-ks1cd 3 года назад

      @Fînematìcs I've blocked you, scammer

  • @errgo2713
    @errgo2713 3 года назад +13

    This is a reasonable distinction between side and commit chains.
    Also thanks for introducing me to Polygon the first time round. I bought in then and it's now doubled in value ;-)

    • @lherfel
      @lherfel 3 года назад

      my prediction is polygon 40 billion MC, it is doing now what ADA and DOT at 40 Billion MCs promise to do

    • @MnMEminem
      @MnMEminem 3 года назад

      @@lherfel you forgot you are in a market where doge coin is in top 5

  • @micalubeka2871
    @micalubeka2871 3 года назад

    FRM is one of best DeFi out there, they also best blockchain solutions that helps other blockchain in meaning ways

    • @onmissiontohappiness
      @onmissiontohappiness 3 года назад

      not only defi but also nft project right now

    • @micalubeka2871
      @micalubeka2871 3 года назад

      @@onmissiontohappiness yea, they just recently added it. and there's 2 artist already using the service from ferrum

    • @onmissiontohappiness
      @onmissiontohappiness 3 года назад

      @@micalubeka2871 judging from the start, the future looks bright i think

    • @micalubeka2871
      @micalubeka2871 3 года назад

      @@onmissiontohappiness well the project always been bright since the start

    • @onmissiontohappiness
      @onmissiontohappiness 3 года назад

      @@micalubeka2871 I mean the nft division, but yeah i agree to that too

  • @samirrimas
    @samirrimas 3 года назад

    proof of autohority is basically centralized

  • @pablowasserman
    @pablowasserman 3 года назад +3

    Just started using polygon recently, thank you as always :)

  • @TheMinionaire
    @TheMinionaire 3 года назад +2

    QuickSwap in Polygon just changed DEFI for me, so good and cheap!

  • @Seb_80
    @Seb_80 3 года назад +2

    Polygons Heimdall Chain is using mythology naming like Thorchain Rune, coincidence?

  • @allanjunli
    @allanjunli 3 года назад +4

    Do a video on chainlink 2.0 hyper smart contract please.

    • @Finematics
      @Finematics  3 года назад +1

      Will do in the future! :)

  • @srmangueras
    @srmangueras 3 года назад

    Neo N3 video would be great

  • @vanialipchin4648
    @vanialipchin4648 3 года назад

    Oh wow, ur videos are remarkable! But could you give your view on NFT TONE? Are they rly so cool??

  • @don.mccracken
    @don.mccracken 3 года назад +1

    Great video! I would appreciate if you could comment on what potential security risks there are after you have transfered crypto from the Ethereum network to Matic. For example, could the bridge smart contract be hacked? Could there be backdoors or collusion from validators? In short, what are the real risks when moving assets to Matic/Polygon?

  • @jameschoi5318
    @jameschoi5318 3 года назад

    How do you get such consistent and clean drawings? Nice Work 👍

  • @aaryo5000
    @aaryo5000 3 года назад +4

    You make incredible content - hats off to you, sir!

  • @Nitroshot99
    @Nitroshot99 3 года назад +2

    Can you make a video about avalanche consensus?

  • @Shivtan
    @Shivtan 3 года назад +3

    Your explanation are amazing , i found your channel few days ago and I am watching your all videos
    Thanks for such amazing details video
    Please make a explanation video on " "Solana Ecosystem" & it's solana token
    And please upload regular video we need more videos from you
    @Finematics Please

  • @Ekzit21
    @Ekzit21 3 года назад +1

    Good job , I understood mostly nothing.

  • @Seb_80
    @Seb_80 3 года назад +3

    Great content! Many thanks!

  • @timo9206
    @timo9206 3 года назад +6

    Great like always

  • @crypt0keep3r77
    @crypt0keep3r77 3 года назад +1

    Hey great job on the content. I binged all of your videos last night and I really appreciate the way you explain these nuanced fundamentals in an easy to understand way. I left a comment on your "truth about DeFi" video about maybe getting an explanation of web 3.0, the practical application of a decentralized web and the key players working on this project . Thank you and keep up the great work!

  • @virtualunit
    @virtualunit 3 года назад

    Polygon is the best Chain! Good protocols and super low fees!

  • @SilverWX
    @SilverWX 3 года назад +1

    Excellent, thank you so much for your great work :) Could you explain the polkadot and avalanche shared security too ? 😊

  • @GunHolsters
    @GunHolsters 3 года назад +2

    You’re a very good crypto teacher, my Dude. Keep on explaining and I’ll continue to learn.

  • @ChillCash
    @ChillCash 3 года назад +1

    Hey man, I am wondering what you think about SKALE and if you are interested in doing a video on it?

  • @dx9235
    @dx9235 3 года назад +1

    tbh I think it is layer-2 then

  • @abbydoodle484
    @abbydoodle484 2 года назад

    Hey, why recently so many people talk about KDG. Can u review some?

  • @xcloud7489
    @xcloud7489 3 года назад

    Can you do a comparison between SKL and MATIC when you have a chance in the future?

  • @RaidenFrancois
    @RaidenFrancois 3 года назад +2

    Wow thanks for this! Alot of effort in making this. Appreciate it🙏

    • @Finematics
      @Finematics  3 года назад

      You're welcome! Thanks :)

  • @Leoninhk
    @Leoninhk 3 года назад +1

    Love the content, please make a video about the new solana smart contracts in rust/spl

  • @SgtHodl
    @SgtHodl 3 года назад +1

    Well done video

  • @thisiscliche2146
    @thisiscliche2146 3 года назад

    if anyone can be a validator, and human error is the most common error, won't human errors within the validation become the greatest source of overall errors in the transactions? how is this avoidable?

  • @ngankim542
    @ngankim542 2 года назад

    There is any chance for Kingdom Game 4.0 in NFT market. Their product is too good. But less people know about them

  • @alzheimerdinger1455
    @alzheimerdinger1455 3 года назад +2

    This is a channel for the nerdiest of nerds!
    I hope to become one.

  • @WORLDOUTOFEARTH
    @WORLDOUTOFEARTH 2 года назад

    Please Make more video on PIT ( Pitbull) as its a community driven
    Pitbull is a self-staking token abandoned by its creator, raised by the community

  • @popescucristian8360
    @popescucristian8360 3 года назад

    Thanks for the fresh video! But could you share your view on ZooKeeper? I'm an investor here and I'd like to recognize if I'm doing it right.

  • @SilverWX
    @SilverWX 3 года назад

    The problem is that binance own 36% of staking power and Matic is BFT tolerant, I don't know how the commit to main chain and the extra safety measure can mitigate this problem

  • @никитамазепа-д7г
    @никитамазепа-д7г 3 года назад

    Some fun will make it better, inst it?
    As well as, Wat do ya think about Dumeno? Found an information about their platform with interesting incomes and I think it’s worth making a review. When is the best time to join?

  • @elwinmay5054
    @elwinmay5054 3 года назад

    top results, top team, high yeild,very more users already $APE I’m adding u to my portfolio

  • @bradjipark
    @bradjipark 3 года назад +1

    Got a little lost I have to admit once you started talking about tendermint and round robin.

    • @ChillCash
      @ChillCash 3 года назад

      I think I'll pass on watching this based off this comment lol

  • @daryltang17
    @daryltang17 3 года назад

    How does Polygon remains fast and scalable when it keeps having to interact is with $ETH?

  • @SVPHAM
    @SVPHAM 3 года назад

    Thanks for the nice video. I still don't understand if we can avoid expensive ETH gas fee for MATIC transaction?

    • @Finematics
      @Finematics  3 года назад

      Yes, you'll have to still pay ETH gas fee to transfer coins into the PoS Chain but hopefully exchanges will enable direct withdrawals to Polygon soon

  • @KiloWhiskay
    @KiloWhiskay 3 года назад

    Doesn't ETH finality require ETH gas? Where does that money come from?

  • @Anas-gi9tn
    @Anas-gi9tn 3 года назад +1

    Just at the time when i was looking about this, Thanks for the good work!! Your videos are really helpful

  • @mayankraj6044
    @mayankraj6044 3 года назад

    Can someone please elaborate on what is the use case for Matic token in the entire process? Could staking ETH not have worked for the platform?

  • @abeidiot
    @abeidiot 3 года назад

    It is still a less optimal solution than rollups. Which is why Polygon has focused all it's research on rollups now. Rollups also don't need another token so I wonder what they plan for matic. It's entirely possible there are some cases where rollups will not be optimal

  • @sgtjocopi
    @sgtjocopi 3 года назад

    Explain Pi Network as well! Please

  • @jplamour3873
    @jplamour3873 3 года назад +1

    how did i even crypto before u...... ur videos answer questions i didn't even know i had. you are much appreciated.

  • @khal1740
    @khal1740 3 года назад

    bridge to come back to ETH is terrible. from plasma bridge they want more in fees than the withdrawal it self

  • @lherfel
    @lherfel 3 года назад +1

    Really Awesome video, thanks for doing this one particularly. I have been trying to piece all that together myself, great great explanation : )

    • @Finematics
      @Finematics  3 года назад

      You're welcome. Thanks for watching :)

  • @perix7536
    @perix7536 3 года назад

    Thank you very much 4 all the great Videos .
    I do not understand all, but some 😉 and more.
    Today i found Something about Dracula protokol
    Could you please Tell Something about that?
    What are they Doing?

  • @meadeclaro2601
    @meadeclaro2601 2 года назад

    I think defi and nft games bring too much profit, This is the right choice, i saw it base on project KDG

  • @rowanhorton4906
    @rowanhorton4906 2 года назад

    I lost a lot, thanks to NFT and Defi can help me, a lot of profit from it, Hope KDG can help me !!

  • @HattTrickTik
    @HattTrickTik 3 года назад

    Can you make a short video about WebDollar . io ?

  • @thebrainery89
    @thebrainery89 3 года назад +1

    Finematics - your videos are so well researched and put together. I become at least 10% smarter after every video you release. 🙌

  • @rza7290
    @rza7290 3 года назад

    Can u do a video comparing OMG-MATIC for plasma layer 2 solutions? And which one do u think will have a real usecase ? Omg has been pumping recently, why ?

  • @EgorHomakov
    @EgorHomakov 3 года назад

    you didnt explain how checkpointing helps

  • @titantitanov997
    @titantitanov997 3 года назад

    I will subscribe, man
    Could you share w/ me yao opinion about The Cannumo? woe do you think??

  • @UserHuge
    @UserHuge 3 года назад

    Where can I read more on the PoS bridge? What set of tokens/assets it supports?

  • @vanialipchin4648
    @vanialipchin4648 3 года назад

    I wanna your prediction one more time , buddy. Found an article about Cannumo cbd decentralized project. As I got it, tHello aim for selling the CANU coin s. Should I Take part them?

  • @olibaron
    @olibaron 3 года назад

    Polygon is a sidechain as consensus differs from mainnet.

  • @slonfogel9697
    @slonfogel9697 3 года назад

    Pls, shoot a vid about KAWA! It is especially interesting to discover how they are still such a low cap. I hadn’t never heard of them before but the name keeps popping up on youtube and telegram!

  • @Mark-to4vy
    @Mark-to4vy 3 года назад

    Sounds smart, but I did not get it fully. :-)

  • @Mjn91
    @Mjn91 3 года назад

    still just a sidechain but with many added features

  • @Hoonnam81
    @Hoonnam81 3 года назад

    God please make me understand this chapter

  • @v1991c
    @v1991c 3 года назад

    can we support you on Patreon with cryptocurrencies ?

  • @jimphillips2004
    @jimphillips2004 3 года назад

    How many matic does it require to be a node validator?

  • @Jessica-qw9op
    @Jessica-qw9op 2 года назад

    This is a great and excellent project and also the reward is great. Thanks for shared this wonderful opportunity.

  • @firstcondoras
    @firstcondoras 3 года назад

    Great like always. Thanks again. Just a question what your software for this outstanding video?

  • @agoetz21
    @agoetz21 3 года назад

    What about sundae swap will it me the next best?

  • @Sharriette
    @Sharriette 3 года назад

    What is the name of the whiteboard you are using?

  • @Allthingslearningg
    @Allthingslearningg 3 года назад

    What is the need of side chains? What are these layers?

  • @dominikhell6118
    @dominikhell6118 3 года назад

    Maybe you can answer this question for me: what happens to the collected gas on the PoS chain. Is that burned or used again to pay out validators?

  • @Maddy-kb2co
    @Maddy-kb2co 3 года назад +1

    Amazing

  • @jahpreacherman
    @jahpreacherman 3 года назад +1

    You are the game Changer ....

    • @Finematics
      @Finematics  3 года назад +1

      thanks! :)

    • @jahpreacherman
      @jahpreacherman 3 года назад

      @@Finematics I'm not referring to you alone but with PolygonMatic.

  • @lherfel
    @lherfel 2 года назад

    thanks again : )

  • @guilhermeamaral5897
    @guilhermeamaral5897 2 года назад

    Que insight. Olha a data

  • @chilaxin09
    @chilaxin09 3 года назад

    Possibly a silly question but do layer 2 solutions still have a purpose after EIP-1599 and ETH 2.0?

    • @Finematics
      @Finematics  3 года назад +2

      Yes, Eth2 will magnify the throughput of most scalability solutions

  • @osvagt
    @osvagt 3 года назад

    I'm not following. Can I watch it a second time?

  • @whiteburr
    @whiteburr 3 года назад

    Definitely going to have to read this one again later x_x

  • @8000Brutto
    @8000Brutto 3 года назад +1

  • @Wuuzzaaful
    @Wuuzzaaful 3 года назад

    Can you do Video how defichain works?

  • @papimocha2152
    @papimocha2152 2 года назад

    I used to participate in cryptocurrency but loss, but NFT vs DEfi brought a lot of profit, i'll participate it i chose KDG is best