[Coin World] The prediction market platform Polymarket has recently released a significant piece of information - the team plans to migrate from the Polygon chain. This is not just a simple change of location, but they are set to launch their own Ethereum Layer 2 solution, tentatively named POLY. This plan is currently a top priority.
What's even more ruthless is that Polymarket has decided to completely eliminate third-party dependencies. Services from suppliers like GoldSky and Alchemy will gradually be phased out, and the infrastructure will be built in-house. Although this means that the migration period will be relatively tight, in the long run, mastering one's own technological lifeline is the trend of the times.
Additionally, there's a little surprise - the 5-minute market will be launched this week. For users who enjoy high-frequency trading and quick reactions, this will provide a more flexible trading window. The overall pace seems to be accelerating, and it's worth keeping an eye on.
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SelfCustodyIssues
· 12-22 04:49
Here comes another self-built L2, how long can this heat last?
Polymarket's move is indeed a bit ruthless, ditching third parties and building it themselves, high risk but full of sovereignty. A 5-minute market sounds good, finally some new gameplay.
As for the migration... let's see if they can withstand the pressure.
Controlling the infrastructure yourself, although the process will be rough, this is indeed the path that should be taken. But if the supplier says stop, does it just stop? That's a bit intense.
With the 5-minute cycle coming online, I just want to ask—will this be another high-frequency sucker harvesting machine?
I'm optimistic about this move, but we need to be cautious during the transition period to avoid any accidents.
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PerennialLeek
· 12-22 04:48
Ha, Polymarket is really going to go independent, building its own L2 is indeed tough, but the migration period will be quite a hassle.
A 5-minute market sounds like playing with fire, it's too exciting... I can't keep up with my speed.
Getting rid of third parties sounds great, but I'm just worried about the migration issues, what about the positions on POLYGON?
This pace... feels like paving the way for financing? Or is it really going to accomplish something?
Hey, wait a minute, is the cost of building an L2 this high? How much money will it burn?
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GhostInTheChain
· 12-22 04:48
Building infrastructure by oneself is incredible, finally a project dares to be completely independent.
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5-minute market launch? Now there’s a new way to Clip Coupons.
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Will Polygon's migration to its own L2 get stuck during the transition... a bit worried.
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The name POLY seems a bit casual, but there's nothing wrong with the direction of an independent tech stack.
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Shaking off third-party dependencies sounds great, but actually operating it is probably hellishly difficult.
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High-frequency traders are ecstatic, but I, as a go-with-the-flow player, need to be careful not to get played for suckers.
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fren.eth
· 12-22 04:36
Oh no, is Polymarket going to stand on its own, taking off from Polygon?
Building its own L2, cutting off third parties... to be honest, it feels a bit like gambling, but this is the true spirit of Web3, right?
The market is here in 5 minutes, finally able to Clip Coupons, haha.
This move is a bit hardcore, just watching.
Frequent big moves, just worried about migration issues... but it is indeed a long-term perspective.
Polymarket launches a major migration: introducing the Ethereum L2 solution POLY, going live this week with a 5-minute market.
[Coin World] The prediction market platform Polymarket has recently released a significant piece of information - the team plans to migrate from the Polygon chain. This is not just a simple change of location, but they are set to launch their own Ethereum Layer 2 solution, tentatively named POLY. This plan is currently a top priority.
What's even more ruthless is that Polymarket has decided to completely eliminate third-party dependencies. Services from suppliers like GoldSky and Alchemy will gradually be phased out, and the infrastructure will be built in-house. Although this means that the migration period will be relatively tight, in the long run, mastering one's own technological lifeline is the trend of the times.
Additionally, there's a little surprise - the 5-minute market will be launched this week. For users who enjoy high-frequency trading and quick reactions, this will provide a more flexible trading window. The overall pace seems to be accelerating, and it's worth keeping an eye on.