2026-01-07 09:24:03

There is a phenomenon that is quite ironic—helping others succeed, only to be accused of betrayal. It's like the story of the farmer and the snake.

Looking at the development trajectory of Polymarket, it becomes clear. This prediction market platform was launched on the Ethereum network back in 2020. But at that time, Ethereum faced very real difficulties: high transaction fees, network congestion, and severely limited throughput, which could not meet the demands of frequent trading in prediction markets. How bad was the user experience? Transaction costs were exorbitant, making it completely unsuitable for lightweight, high-frequency trading scenarios.

In 2021, Polymarket made a pragmatic choice—to migrate to Polygon. This Ethereum-based Layer 2 solution offered a completely different experience: transaction speeds increased by several orders of magnitude, fees dropped to nearly negligible levels, and performance bottlenecks were thoroughly resolved. Thanks to Polygon's support, Polymarket was able to become the leading prediction market platform it is today.

Without Polygon's infrastructure support, Polymarket would not have achieved its current success. This is a fact and a true reflection of the technological ecosystem.

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RebaseVictim

· 12h ago

To be honest, Polygon was truly wronged in this wave. If you ask me, it was a win-win situation that was forcibly turned into a betrayal storyline.

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StablecoinGuardian

· 01-07 09:54

Forget it, I knew what would happen later when Poly left Ethereum. I'm still debating whether this is interesting or not.

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MetaverseHomeless

· 01-07 09:52

Polygon created Polymarket, and then was accused of betraying Ethereum, which is quite ironic.

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DaoGovernanceOfficer

· 01-07 09:42

empirically speaking, the farmer & snake framing here is... kinda missing the point? polymarket literally chose the better infrastructure—that's just rational economic behavior, not betrayal lmao

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consensus_whisperer

· 01-07 09:28

Basically, Ethereum was struggling at the time, and Polygon saved the situation. Now they're being accused of betrayal? That logic is really something else.

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DefiOldTrickster

· 01-07 09:27

Oh dear, this is the true reflection of the blockchain circle. Helping others but being disliked in return. Honestly, back then, ETH's Gas fees were just like harvesting leeks, and when Polygon came to rescue, they were accused of betrayal. It's really like the farmer and the snake. Without Polygon, there wouldn't be the current Polymarket, but everyone has a very short memory. This is the fate of the ecosystem.

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