Polygon Founder Shades Avalanche Over Inscription Struggles

Polygon’s Sandeep Nailwal takes aim at Avalanche amid the latter’s struggles with inscriptions.

Polygon MATIC founder Sandeep Nailwal talks about AVAX.
Created by Kornelija Poderskytė from DailyCoin
  • Polygon co-founder Sandeep Nailwal has taken a swipe at Avalanche.
  • Avalanche had experienced a significant fee spike amid a flurry of Inscription activity.
  • Nailwal’s jab adds to growing hostilities between the Polygon and Avalanche communities.

Despite criticisms, the inscription craze spreads like wildfire across EVM chains. As the frenzy continues, not all chains can handle the strain. While praising Polygon’s response, Polygon founder Sandeep Nailwal has thrown shade at Avalanche, which seemed to struggle with a surge of inscriptions over the weekend amid growing hostilities between both communities.

Polygon’s Sandeep Nailwal Fires Shot at Avalanche 

In a Monday, December 18 X post, Nailwal highlighted that Polygon had recorded over 161 million inscriptions, the highest for any EVM chain and twice as much as BNB, the second-ranked chain, all while keeping fees relatively low, citing data from a Dune Analytics Dashboard provided by Dragonfly Data Scientist “hildobby.” On the other hand, he pointed out that not all chains have fared so well.

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“I heard horror stories that on somechains it [fees] went to as high as $400,” the Polygon founder wrote in a subliminal jab at Avalanche.

Over the weekend, inscription activity on Avalanche had caused network congestion, driving up fees across the board, with several users reporting fees of over $400 for token swaps on decentralized exchanges. 

Avalanche users have consistently spent more on fees for inscription than Polygon users despite minting about 96 million fewer inscriptions to date.

Chart of Gas spent daily minting inscriptions on EVM chains over the past three months.
Chart of Gas spent daily minting inscriptions on EVM chains over the past three months. Source: Dune.

Nailwal’s shot at Avalanche is the most recent sign of growing hostilities between the two communities. Ava Labs Founder Emin Gün Sirer had seemingly drawn first blood about a week ago.

Avalanche and Polygon Founders Trading Blows?

On Tuesday, December 12, Mirai Labs, the gaming studio behind the blockchain game Pegaxy, revealed that it was moving its ecosystem away from Polygon to an Avalanche subnet. Reacting to the development, Avalanche’s Sirer appeared to launch a tirade against Polygon, seemingly labeling Polygon’s technology as “nonexistent” and unreliable.

Unsurprisingly, Sirer’s remarks had attracted a flurry of reactions from the Polygon community. They quickly pointed out that the network played host to the most Web3 games while Avalanche came a distant sixth, per Game7’s 2023 State of Web3 Gaming report.

On the Flipside

  • Ava Labs co-founder Kevin Sekniqi argued that reported high fees resulted from market makers mispricing, adding that generally, high fees were not an Avalanche problem but an issue with the EVM engine.
  • High Avalanche fees have put positive pressure on AVAX’s price through burns. 
  • Those in the crypto community who see inscriptions as spam transactions believe that higher fees deter enthusiasts.

Why This Matters

Polygon co-founder Sandeep Nailwal’s comments indicate growing tensions between the Polygon and Avalanche communities.

Read this for more on inscriptions on Polygon:
Polygon Leads as Inscription Craze Takes Hold of EVM Chains

Last week, crypto funds recorded net outflows for the first time in 11 weeks. Find out more:
Crypto Funds Break 11-Week Inflow Streak with $16M Outflows

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Okoya David

David Okoya is a crypto news reporter at DailyCoin based in Nigeria. He covers various topics related to the cryptocurrency industry, including exchanges, regulations, and price movements, and strives to bring fresh angles to breaking news. With experience as a freelance crypto news writer, David upholds the highest journalistic standards, telling complete stories and answering lingering questions whenever possible.