Crypto-Follow logo Crypto-Follow logo
NewsBTC 2022-01-29 12:28:14

OVR Migrates To The Polygon Network In Quest To Dominate The Metaverse

OVR has successfully completed the first phase of its two-phase migration to the Polygon Network. The move began in January and has already shown promising results for the project, with the second phase to be deployed in February. It announced that it has transferred the Merkle Proof and minting functions from the Ethereum network over to the Polygon network, allowing for NFT minting at low fees. Furthermore, OVR also announced that Polygon network payments have been added to the Ethereum and BSC network payments currently available to users in the primary market. This will greatly decrease transaction costs while providing a higher scalability potential for the metaverse project. But Why Polygon? Ethereum may be the leading smart contracts platform in the crypto space but there is no doubt that it is an overcrowded and oversaturated network. This high demand on the network, coupled with the network’s inability to scale properly to accommodate its growth, has led to recurring scalability and fee issues, which happen to be some of the highest in space. In light of these problems, OVR, a project initially built on the Ethereum network, has had to move operations to the Polygon network which can accommodate its growth and provide low transaction/minting costs for its users. The high rate of adoption of the Polygon blockchain and its closeness to the Ethereum network also helps to dramatically reduce the risk of ending up in “ghos...

#
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约