Polygon (MATIC) is a layer-2 scaling solution for Ethereum. It allows for faster and cheaper transactions on the Ethereum network. Polygon was launched in 2017 by a team of developers led by Jaynti Kanani. The project is based on the Plasma framework, which is a sidechain solution for Ethereum. Polygon has a number of features that make it a unique and attractive scaling solution. These features include:
- High throughput: Polygon can process up to 65,000 transactions per second, which is significantly higher than the Ethereum mainnet.
- Low fees: Transactions on Polygon are much cheaper than on Ethereum.
- Security: Polygon is secured by the Ethereum network, which means that it is as secure as Ethereum itself.
- Interoperability: Polygon is compatible with the Ethereum ecosystem, which means that developers can easily build dApps on Polygon.
Polygon has seen a lot of growth in recent months. The number of dApps on Polygon has increased significantly, and the price of MATIC has also risen. Polygon is a promising project with a lot of potential. It is a good investment for those who are looking for a way to participate in the growth of the Ethereum ecosystem.
Polygon (MATIC) Price Chart
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