The negatives of MATIC

So people never say the negatives in this sub, I wish more people here posted about them, if we want to learn we need to know the reality of things. Here is a list of negatives things MATIC has that I found while searching. Hope this helps people in the future trying to learn more about crypto, if you want to invest you better know what's holding the project back, if you want to gamble then just buy without knowing them

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1. Competition from other L2 blockchains: Polygon PoS is competing against optimistic L2 blockchains like Arbitrum One and Optimism. Arbitrum has nearly 2x the TVL as Polygon, and Optimism has almost caught up. Polygon's future zkEVM rollup is also competing against other zkEVM rollups, which is splitting the Polygon community between those who want to stay on the sidechain and those who want to use the zkEVM.
2. Declining TVL: One year ago, Polygon TVL was $4.8B USD while the combined Layer 2 rollup TVL was $5.4B USD. While L2 TVL has increased a little despite the bear market, Polygon's TVL has collapsed by 75% to $1.2B.
3. Growing dApp competition: A year ago, Polygon PoS was unique in that it was the only network besides Ethereum that had OpenSea support. Now OpenSea supports a dozen different networks, including competing Layer 2 rollups networks like Optimism, Arbitrum One, and even Arbitrum Nova.
4. Declining social media support: With L2 rollups developing so quickly, many in the Ethereum community have turned against Polygon, creating a narrative that it's "just a sidechain", not a true Layer 2. The 0xPolygon subreddit has become more of a ghost town with noticeable amounts of spam posts.
5. Less resistant to DDoS attacks and spam: Like all networks with low transaction fees, Polygon is at risk of DDoS attacks. In early Jan 2022, Sunflowers Farm (SFF) unintentionally DDoS-attacked the Polygon PoS network and completely congested the network because it was more profitable to play the game and spam transactions than pay network fees.
6. Gas Cartel: Polygon validators have colluded off-chain and are running gas cartel, like OPEC. However, it still gets tons of spam transactions, which can be annoying and potentially harmful.
7. Still requires Ethereum network: Many parts of Polygon still require Ethereum and pay fees in ETH instead of MATIC. Staking is also done on the Ethereum mainnet. The periodic Polygon checkpoints require paying Ethereum fees too. Thus Polygon's success depends on Ethereum's success and security.
8. Numerous reorgs: Polygon has multiple reorgs every day. Many of these are of 10+ depths, which is dangerously high. Due to reorgs, transactions up to 32 blocks ago can be completely reversed.
9. Centralization concerns: The MATIC token contract is pausable, and there is a private list of addresses that can unilaterally pause the entire MATIC token without needing any other members to approve. At any given time, Polygon can update its contracts using a Multisig Gnosis Safe that controls all of Polygon's contracts on Ethereum, and it has already done so 40 times in the past year and 170 times in the past 2 years. That's a lot of unannounced updates.