News and insights from the Ramp Team

All about crypto on-ramps

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cryptocurrency

Polygon: paving the way for Ethereum scaling

When Ethereum followed Bitcoin, we were all amazed by its incredible capabilities. Everything was possible and the internet of money was within arms reach. However, once we started to build, Ethereum shortcomings became evident - high gas costs, slow transaction speeds and lack of scalability threatened to stall the web3 movement. This post will be the first one in the Scaling series - where we discuss opportunities presented by different Layer 2 solutions or gas optimised sidechains. 

This time, the spotlight is on Polygon, formerly known as Matic Network.

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Why on-ramps matter

 

Some of the greatest advantages of the crypto community and market are mutual understanding and common goals. Most users, readers, members and customers are genuine enthusiasts, knowledgeable about the subject and very eager to give feedback, try new solutions and help. Or, so seems to be the case - reality differs a bit.

 

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What is crypto ramp/on-ramp?

 

We have been writing about crypto ramps and on-ramps for quite some time, but recently found out that the term itself does not really have a clear definition elsewhere. To avoid confusion, make things easy & propagate good terminology in the industry, we have decided to make things transparent.

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