Polygon
Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all significant scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 7000+ applications hosted, 1B+ total transactions processed, ~100M+ unique user addresses, and $5B+ in assets secured.
It is known as “Ethereum’s internet of blockchains” because it operates on the Ethereum blockchain through a proof-of-stake consensus mechanism to provide efficient and affordable transactions without sacrificing the security of Ethereum.
Validators stake Polygon’s native coin MATIC to secure the network and achieve consensus for every block to facilitate transactions.
Last modified 1yr ago