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Mountanaz vs Polygon. The war of DeFi scalability.

Mountanaz vs Polygon. The war of DeFi scalability.

When it comes to Decentralised Finance, DeFi for short, scalability has been the missing ingredient for global adoption. Ethereum may be winning the DeFi race, but it will never be a fully adopted and accepted financial infrastructure without a solution to its scalability issues. Ethereum's scalability problems, when boiled down, are its extremely high and volatile transaction fees and long transaction times, making building on the network expensive. 

Queue Mountanaz (MNAZ) and Polygon (MATIC).

How Mountanaz aims to clear the mist surrounding DeFi scalability  

Mountanaz (MNAZ) is the latest scalable-focused DeFi protocol to emerge onto the scene, powered by the Binance Smart Chain (BSC). With transaction costs and speeds impressively juxtaposed to the current kingpin Ethereum, the BSC offers a real and already working solution to the Ethereum scalability issue that is prevalent in today’s market. The Binance blockchain is also compatible with the ETH ecosystem and the coding languages used for their software development are extremely similar. This brings a degree of colloquialism between the two projects where information and ideas can be easily shared amongst the respective developers. 

What distinguishes MNAZ from similarly inspired projects is its sharding system, mimicking the soon to be implemented system in the highly anticipated ETH 2.0 upgrade. Simply put, Sharding shares the load a block in the blockchain has to do. Quoted from Vitalik Buterin on Lex Fridman’s podcast, sharding is ‘changing the blockchain architecture … so that each node [or block] in the blockchain only needs to store a portion of the data … and transactions’. 

When MNAZ is fully available to trade following its impressively planned marketing campaign in Q2, it will have a strong support uptake. Its credentials speak for themselves and after the success story of Polygon Matic, one can not easily portray the project negatively. The project developers have created this project with scalability in mind and it really does benefit from joining the DeFi party late. When it comes to DeFi Layer 2 solutions, there really is no first-mover advantage; Mountanaz looks set to rectify the complications and rid the mist that has arisen from poor DeFi adoption. 

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