What is Polygon(Matic) Crypto?
MATIC, now known as Polygon, is a popular cryptocurrency project that aims to solve some of the most pressing issues plaguing the current blockchain infrastructure. Launched in 2017, the project seeks to address the shortcomings of Ethereum, the world's largest smart contract platform, by providing faster transaction times and lower fees. In this article, we will take a closer look at the Polygon project and explore its many features and use cases What is Polygon? Polygon is a layer 2 scaling solution that aims to improve the scalability of Ethereum. It is an open-source project that enables developers to create and deploy decentralized applications (Dapps) on the Ethereum network. It is designed to be flexible, developer-friendly, and compatible with Ethereum's ecosystem, making it easy for developers to migrate their existing Dapps to the Polygon network. The Polygon network uses a unique architecture that consists of a set of independent sidechains, each of which is capable ...