No, if you send 1 ETH on the Ethereum network, it will be processed and settled on the Ethereum mainnet (Layer 1). Polygon (formerly Matic Network) is a Layer 2 solution that operates as a separate blockchain but is interoperable with Ethereum.
During congestion on the Ethereum network, utilising Polygon can be a solution to alleviate high fees and slow transaction times. However, for your transaction to be processed on the Polygon network, you would need to initiate a transfer or bridge your assets from Ethereum to the Polygon network.
To send your 1 ETH via the Polygon network, you would typically need to follow these steps:
Bridge your assets: Use a bridge or transfer mechanism to move your ETH from the Ethereum mainnet to the Polygon network. This transfer may involve depositing your ETH into a specific contract on Ethereum and then receiving an equivalent amount on the Polygon network.
Conduct transactions on Polygon: Once your assets are on the Polygon network, you can interact with applications and conduct transactions within the Polygon ecosystem. These transactions can benefit from the faster confirmation times and lower fees provided by the Polygon network.
Return to Ethereum: If you wish to move your assets back to the Ethereum mainnet, you would need to go through the bridge mechanism in the reverse direction, transferring your assets from Polygon to Ethereum.
It's important to note that using Polygon or any Layer 2 solution is optional and requires specific steps to bridge assets between the Layer 1 and Layer 2 networks. Simply sending 1 ETH on the Ethereum network during congestion would not automatically route the transaction through the Polygon network.
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!