Secure,Scalable And Instant Transactions

A platform for connecting Ethereum-compatible blockchain networks, Polygon (Previously Matic Network) is a protocol that provides scalable solutions on a multi-chain Ethereum ecosystem. It is also called the Internet of Blockchains. Thanks to the Polygon SDK modular framework, Polygon is an easy-to-use platform for building applications. It is the perfect solution to mitigate Ethereum’s challenges like low-throughput, high gas fees etc. Polygon provides the much needed scalability to blockchains without compromising on security.

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Features of Polygon

  • Scalability - Dedicated blockchains, scalable consensus algorithms, custom Wasm execution environments
  • Security - Modular "security as a service" provided either by Ethereum or by a pool of professional validators
  • Ethereum compatibility - Industry dominance, established tech stack, tools, languages, standards, enterprise adoption
  • Modularity - High customizability, extensibility and upgradeability, short time-to-market, community collaboration
  • Interoperability - Native support for arbitrary message passing (tokens, contract calls, etc), bridges to external systems
  • Sovereignty - Dedicated throughput/resources, fully customizable tech stack, sovereign governance

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Scaling solutions of Polygon

  • Polygon SDK - A ready-to-use framework for building blockchain applications.
  • Polygon PoS Chain - An Ethereum sidechain secured by validators and checkpoints
  • Polygon Plasma Chain - A fully-functional Plasma implementation
  • zk Rollups - Layer 2 scaling solution using Zero Knowledge proofs
  • Optimistic Rollups - Layer 2 scaling solution using Fraud proofs
  • Stand-Alone Chains - Sovereign Ethereum sidechains
  • Shared Security Chains - Blockchains using shared pool of PoS validations

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Polygon Wallet & MATIC Token

MATIC is the utility token on the Polygon Network. It is the main unit of payment on the Network and is used as a means of settlement between users who participate in the transactions on the network. It also plays an important role in security of the system and to enable governance. MATIC can be stored in a majority of popular software and hardware wallets like the Metamask wallet, Coinbase wallet, WalletConnect, Ledger etc.

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