Polygon Co-Founder Steps Back as Layer 2 Race Heats Up
Mihailo Bjelic—one of the brains behind Ethereum’s scaling darling Polygon—has quietly stepped away from the project’s Layer 2 ambitions. The move comes as competitors like Arbitrum and Optimism gobble up market share.
Was it the 47% drop in MATIC’s price since last cycle’s peak? Or just another crypto founder cashing out before the music stops? Either way, the ’ghost chain’ jokes write themselves.