Laszlo Szabo: "Polygon has a formidable commercial strategy".

How do you explain Polygon's success?

The protocol launched in 2021 at a time when fees on Ethereum were really high, so the timing was perfect for them. The "price" aspect played a big part. It enabled them to raise funds, expand very quickly and sign major contracts with well-known players. They've become a major player in the ecosystem, with a fair amount of exposure, even if their internal organisation is still rather vague.

Why do giants like Meta or Walmart choose Polygon?

Because Polygon offers one of the most affordable user costs on the market and they allow Web3 projects to be developed under satisfactory technological conditions.

As Polygon is not a true layer 2 relying on Ethereum's security, is this network vulnerable to attacks?

The cryptographic proofs of transactions carried out on Polygon are placed on Ethereum, so it's not entirely accurate to say that Polygon doesn't benefit from its security at all. On the other hand, as Polygon has its own consensus system, its intrinsic security depends on the value immobilised in "staking" on the validators.

Currently, around $3.6 billion is "staked" in the form of MATIC tokens, which means that an attacker would need to raise $1.8 billion to attack the network. That's not a huge sum... For Ethereum, we're talking about around $14 billion.