Is Polygon(Matic) Crypto a good investment?
What is Polygon(Matic) Network? Polygon (formerly known as Matic Network) is a Layer 2 scaling solution built on top of the Ethereum blockchain. It aims to address some of the key issues facing Ethereum, such as high transaction fees and slow transaction times, by providing a faster, cheaper, and more efficient platform for decentralized applications (dApps) and blockchain developers. Polygon achieves its goals by utilizing a range of scaling technologies, including Plasma chains, sidechains, and state channels, to provide an interoperable and modular framework for building and deploying dApps. This means that developers can create smart contracts on Ethereum and deploy them on Polygon without needing to modify their code or migrate their data. One of the key advantages of Polygon is its scalability. The platform can process up to 65,000 transactions per second, which is a significant improvement over Ethereum's current capacity of around 15 transactions per second. This increase...