

WHAT IS POLYGON (MATIC)?
Polygon (formerly known as Matic Network) is a multi-chain scaling solution designed to provide faster and cheaper transactions on blockchain networks. It aims to create a more accessible and interconnected Ethereum-compatible blockchain ecosystem. By leveraging Layer 2 sidechains, which are blockchains that run alongside the Ethereum main chain, Polygon provides a framework for building and connecting Ethereum-compatible blockchain networks.
Launched in 2017, Polygon has grown rapidly, offering solutions for developers to create scalable and user-friendly dApps while ensuring asset security using the Plasma framework and a decentralized network of Proof-of-Stake (PoS) validators. MATIC is the native utility token of the Polygon network, used for governance, staking, and gas fees.
Polygon's unique architecture and commitment to solving Ethereum's scalability issues have made it a crucial player in the blockchain space, with numerous projects opting to build on its network.
How to buy Polygon
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