Will Polkadot save decentralized finance from Ethereum’s scaling problem?

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Polkadot is trying to achieve scalability without compromising network security. Early signs suggest it may beat Ethereum 2.0 in the transaction fee race.
Web3, interoperability, and layer 0 are all terms tossed around when describing Polkadot. But what do they mean, and how will they impact the Internet and cryptocurrency market? Cointelegraph Research’s new report explores how Polkadot is tackling distributed ledger scalability and centralization of the web simultaneously. For starters, imagine a world where Facebook is replaced by a decentralized social media application built on Polkadot. This is what projects like Subsocial are building in their platforms, which lets users determine what data to keep private and to share. Users can profit from selling their data stored in the blockchain to 3rd party companies by minting Ocean Protocol tokens, OCEAN, and selling them on a decentralized exchange like Polkadex.Not happ

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Źródło: https://cointelegraph.com/news/will-polkadot-save-decentralized-finance-from-ethereum-s-scaling-problem

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