Polygon Brings Parachains to Ethereum to Lower Rising Gas Costs
The Polygon team aims to transform Ethereum into a multichain ecosystem with secure L2 chains and independent chains while addressing Ethereum’s scalability challenges.
To boost the scalability of the Ethereum blockchain, Polygon is introducing a parachain-like offering. This innovative framework will pave the path for building interconnected blockchain networks while lowering overall gas costs.
Novel Sidechain Solution Aims to Address Ethereum’s Limitations
Ethereum, the decentralized and open-source blockchain, is one of the most preferred platforms to build dApps. However, due to the sheer number of projects, the network has dealt with scalability issues, slow throughput, delayed transactions, and high transaction costs.
To address these limitations, Polygon, a framework for building interconnected blockchain networks, is introducing the equivalent of parachains on Ethereum. With its recently launched SDK stack and intentions to become a prominent L2 solution, Polygon has cemented itself as “Ethereum’s Internet of Blockchains.”
The Polygon team aims to transform Ethereum into a multichain ecosystem with secure L2 chains and independent chains while addressing Ethereum’s scalability challenges. With its innovative parachains, the framework enables the world’s second-largest blockchain ecosystem to grow and expand at an unprecedented rate, ensuring lower gas costs, faster transaction rates, and improved user experience.
DeFi brands such as Aave and 1inch Network, built on Polygon, already leverage the network’s exceptional security and compatibility while cutting down transactional costs. As Polygon continues to add more functionalities, the platform has already processed $43 million swaps with a total gas cost of $25, proving once again that the framework is a definite game-changer.
Enabling Developers to Leverage the Full Power of Interoperability
Polygon’s framework consists of four layers: the Ethereum layer, security layer, network layer, and execution layer. Using the underlying smart contract mechanism of Ethereum, Polygon enables developers to build dApps that work in tandem with the main chain to improve speed and functionalities.
The Polygon chains can communicate with each other and the Ethereum main chain using the framework’s arbitrary message passing capabilities. As a result, it enables various new use cases, including interoperable dApps and exchange of value between multi chains while addressing some of the perceived limitations of other interoperability projects such as Cosmos and Polkadot.
The platform is designed to facilitate a future where different blockchains no longer function as closed-off siloes but rather as networks fitting into a broader, connected landscape. Since its inception, Polygon has successfully attracted serious investments from some of the most prominent VC firms and angel investors.
Mark Cuban, an American billionaire and serial investor, has also invested an “undisclosed” amount in Polygon. Cuban, a long-time user of Polygon, plans to integrate the framework into Lazy.com, a platform to display NFTs.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
I’m a content writer and editor with extensive experience creating high-quality content across a range of industries. Currently, I serve as the Editor-in-Chief at Coinspeaker, where I lead content strategy, oversee editorial workflows, and ensure that every piece meets the highest standards. In this role, I collaborate closely with writers, researchers, and industry experts to deliver content that not only informs and educates but also sparks meaningful discussion around innovation.
Much of my work focuses on blockchain, cryptocurrencies, artificial intelligence, and software development, where I bring together editorial expertise, subject knowledge, and leadership experience to shape meaningful conversations about technology and its real-world impact. I’m particularly passionate about exploring how emerging technologies intersect with business, society, and everyday life. Whether I’m writing about decentralized finance, AI applications, or the latest in software development, my goal is always to make complex subjects accessible, relevant, and valuable to readers.
My academic background has played an important role in shaping my approach to content. I studied Intercultural Communications, PR, and Translation at Minsk State Linguistic University, and later pursued a Master’s degree in Economics and Management at the Belarusian State Economic University. The combination of linguistic, communication, and business training has given me the ability to translate complex technical and economic concepts into clear, engaging narratives for diverse audiences.
Over the years, my articles have been featured on a variety of platforms. In addition to contributing to company blogs—primarily for software development agencies—my work has appeared in well-regarded outlets such as SwissCognitive, HackerNoon, Tech Company News, and SmallBizClub, among others.
