Decentraland Launches Dapp Portal With Polygon to Bypass High Gas Fees – CoinDesk – CoinDesk

Decentraland Launches Dapp Portal With Polygon to Bypass High Gas Fees – CoinDesk – CoinDesk

Decentraland, the decentralized virtual world, has added usability with Ethereum layer 2 project Polygon to address gas fees that are currently plaguing Ethereum’s blockchain, according to a blog post Thursday. 

The move comes a day after decentralized finance (DeFi) firm Aave also said it was exploring scalable sidechains with Polygon. The Ethereum ecosystem continues to look for methods to avoid the congested network, where fees can sometimes be higher than the transactions themselves. 

“As of today, the Decentraland dapps suite now features an account portal where you can move your [Decentraland token] MANA from the Ethereum blockchain to Polygon’s Matic Network (and back),” the post states. 

The idea behind a layer 2 solution is that users can transfer their tokens to a sidechain link to the Ethereum blockchain, where they can transact more quickly and with much lower fees than on Ethereum itself. 

“Ethereum’s popularity and usage is increasing at an incredible rate, but this added demand on the network means users are forced to pay higher and higher gas fees in order to make sure their transactions are successful,” said Samuel Hamilton, Community and Events lead at Decentraland, in an email. “This is unsustainable for any dapp that makes use of thousands of microtransactions.”