Introduction to Polygon Network
Formerly known as Matic Network, Polygon provides open-source, decentralized blockchain services. This network was founded by Jayant Kanani, Sandeep Nailwal, and Anurag Arjun in 2017. Polygon is a stack of protocols designed to address Ethereum's scalability issues. It handles transactions on a separate Ethereum-compatible blockchain to resolve Ethereum's scalability issues. This article will familiarize us with the Polygon network, its features, mechanism, pros and cons, its token, and wallet.
Overview of Polygon Blockchain
Polygon's native token, MATIC, serves as the network's governance and security. With Polygon currency, users can interact with hundreds of dApps integrated into the Polygon ecosystem. The platform has multiple levels. Developers can launch their blockchain applications on top of Polygon's main chain and other blockchains to connect to Ethereum and other blockchain networks through Avail, Polygon's SDK for sidechains. The Polygon ...