Polygon Co-Founder responses against criticism on Polygon network
Mihailo Beljic responded about the ongoing recent allegations against the team of Polygon network.
On 12 February few players raised their voices against the Polygon network operations. In particular, Justin bonus shared his negative stances on the Polygon network and claimed that the Polygon network is not safe.
The first thing that Bons noted, Polygon’s funds are handled in the ownership of a total of 5 people and these 5 people are enough to do $5 billion worth of scams, it is just a matter of time.
Bons claimed that Polygon’s operations are opaque “in terms of their operational security & cryptographic ritual around the creation of this multi-sig, which is not a safe sign for a blockchain network.
In response to such criticism, Polygon network co-founder Beljic said that he will remove the Multi-sigs option from the Polygon Blockchain, which will remove the ownership of the matic tokens from the hands of 5 people.
In this way, Beljic tried to say that Polygon’ developers will do Hard Work on this Multi-sign issue to fix by enabling the ownership of the funds to matic token holders directly, by turning into DAO, but surely it will take significantly huge time for the developers because it is not an easy work.
Beljic also responded to Chris Blec’s criticism and said that such people only know how to harass the founders of Uniswap, Polygon.
“an abusive person who has systematically harassed the founders of Uniswap, Polygon, and several other projects.”
Beljic also stated that Multi-sigs are just made to save the funds of token holders in the early stage of the crypto blockchain network development, so it is just basic which was followed by almost every project team and it is not new but surely Polygon will do work on it.
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