A recent issue plaguing many prominent blockchains is limited scalability. Base (layer one) chains like Ethereum and Bitcoin have grown incredibly popular, resulting in massive amounts of computations that must be done on-chain in order to facilitate transactions of data and money. This huge computational challenge has proved to be a strain on these base chains, causing delays in transactions and skyrocketing gas prices.
Layer two has emerged as a solution to these scalability problems. This technology adds on a second layer of coding to the base (layer one) chain. Protocols operating along layer two of a blockchain perform computations along that layer. This decreases the burden on the base chain, speeding up transactions and preventing gas surcharges. The result is the improved scalability of the layer two solutions as well as the base chains they operate along, enabling more users to participate without any limitations.
AnRKey X operates along the Ethereum chain, but does so using the Polygon chain (previously, the Matic Network) – a layer two solution. Polygon provides sidechains for Ethereum-based chains to perform their calculations and transactions. A single Polygon sidechain can handle 216 per block, a staggering amount compared to existing base chains. By using Polygon, AnRKey X is able to ensure the high speed of transactions at a low cost, transferring these benefits to its users. Further, this allows us to overcome any limits on scalability – so anyone that wants to play our m$ports game can get involved, and our ecosystem will continue to grow, unhindered.