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What Is Polygon (POL)? Definition, Strengths, and Weaknesses
What Is Polygon (POL)
Polygon is a project creating a Layer 2 solution for the Ethereum Virtual Machine, designed to allow the development of applications for various purposes, mainly "building the Value Layer of the Internet." 1
The Polygon platform operates using the Ethereum blockchain and connects Ethereum-based projects. Using the Polygon platform can increase the flexibility, scalability, and sovereignty of a blockchain project while still affording the security, interoperability, and structural benefits of the Ethereum blockchain.
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1Historically, DevOps engineers could spend up to 20 hours/week managing periodic snapshots. Moreover, hosting large snapshots (about 1.5Tb for Bor mainnet) on S3 led to exponentially-growing data egress charges as public downloads cost credits (>$100,000 per month). !!!
By leveraging internal AWX (open-source Ansible Tower) service, Polygon Labs saw an opportunity to setup a scheduled ansible-playbook job that pauses Bor/Heimdall clients, prunes Bor chaindata, zstd compresses data, uploads final output files to Cloudflare R2 (no data egress fees charged for public downloads), and restarts all blockchain clients, automatically.
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