Matic Network was a Binance launchpad project. The token sale of MATIC was a grand success in 2019. Matic was trying to address the scalability issue of Ethereum Blockchain. In February 2021, the project was rebranded to Polygon. The rebranding not only came with a name change but also expanded the mission of the project and technological scope. Very ambitiously, Polygon wants to be ‘Ethereum’s Internet of Blockchains’ now. What the hell is that? Polygon aims to provide the framework for connecting all Ethereum-compatible blockchain networks by providing a dedicated, optimized instance of Ethereum. Sounds amazing! The project has a complicated architecture. It provides two methods for moving assets between Ethereum and Polygon – Plasma Bridge and the PoS Bridge. Plasma bridge has high security but withdrawal takes 7 days. The PoS bridge provides PoS security and faster withdrawal to Ethereum mainnet. The state of the validators is maintained on the Ethereum mainnet. Overall, Polygon offers a lot of security on the Ethereum side and that’s why many popular Ethereum DAPPs have adopted it. TPS on the PoS chain of Polygon is very high with negligible transaction cost and so it looks very fit for DeFi or decentralized finance.
a blockchain technology that can be developed every day.
He continues to progress by adding himself to Polygon. I hope it continues at this pace. I love these kinds of projects. real down-to-earth investment vehicles.
Thank you very much for this article, now it's time to follow this project more closely.
frankly, it's the first time I've heard of it, but it looks like a very impressive project. I normally get bored reading things like this, but the language you use is very plain.
back to the topic, gas fees piss me off so much, I wish they used another network, I hope all investors will earn well, thanks for reading.
I don't hang out with names. Matic or polygon. What matters is what it does.
In a bull market, everything rises. But if his project is good, he protects himself.
Matic's team has also seen and improved its own shortcomings. Crypto is also my favorite feature. Always open to development. It's constantly being renewed, it's getting better, and there's no end to that good.
I think polygon will succeed. Being the Internet of the Ethereum network means a huge communication network. If he continues to see his own shortcomings, he will achieve this.
I think the most important thing in crypto is hard work and being able to see your own mistakes. Matic had great repercussions. Now polygon will also have great repercussions.
I hope I was able to tell what's on my mind. Thanks for the nice and informative post.
Polygon is holding strong. 2 months ago when Bitcoin was going down and breaking everything, Polygon was the only increasing token. It took my notice in that time, after searching it I understood the reason. They have decent partnerships, and the amount of money circulating in this network is huge (referring to TVLs). Thank you for bringing Polygon up, I wonder what will be the next one.
Polygon combines the best Ethereum and sovereign blockchains into a full-fledged multi-chain system.
Polygon solves the problems associated with Blockchains such as high gas fees and slow speeds without sacrificing security. This multi-chain system includes Polkadot, Cosmos, Avalanche etc. It is similar to others such as, but has at least three main advantages:
Take full advantage of Ethereum's network effects
It is naturally safer
More open and powerful.
So I can say that it is a tremendous analysis project.
Thanks to you, I learned Avax and Solana. And now Polygon.
I've heard it as a name, but I've never looked it up. From what I've read, it's a great project.
Polygon had a nice ascent with the bull. And I think it's a great time for him to show up.
It'll be good for me to follow a little closer.
Especially great for providing information about sub-projects. It's got audit information next to it. Very useful information for someone who has never known (for example, me).
Thank you for putting this information together and for the great article .
It's really great to have a DeFi experience on The Polygon network, which attracts projects such as AAVE, Curve, Quickswap, Paraswap, aavegotchi, almost without a transaction fee.
While Polygon is only compatible with Ethereum for now, things will get even better as time to support more blockchains and become an interoperable Layer 2 blockchain platform.
AAVE provides Polygon with considerable liquidity. And I think it's a project that will rise nicely in the future that has done a good job.
Thank you for introducing us to this platform and informing us.
My most favorite things about Polygon is the low transaction cost and the potential and hardworking team behind it
I have invested a small amount in Polygon back in April and i was really happy about that because after doing all the research i found it the right project to invest my money in and after reading this Article My Confidence has boost up already that i did the right thing and i believe that Polygon will reach new heights soon cause it also helps to connect all ETH Compatible Blockchain which can help us to Fully utilize the Ethereum Network in Future.
Even if is very complicated to achieve (this referring to they construction) is also something that could improve tremendously the experience of owning assets in the Ethereum blockchain.
Is also a great way to incentive other blockchain developers to try to replicate this in other blockchains.
And if we look further in the future maybe this could be the start to a one-in-all search device for assets in different blockchains.
I didn't know much about Avax, thanks to you, I got a little bit of information, thank you. I will research and learn more about these things. Your article was really helpful, thanks.
A Quick Dive Into Polygon DeFi
a blockchain technology that can be developed every day.
He continues to progress by adding himself to Polygon. I hope it continues at this pace. I love these kinds of projects. real down-to-earth investment vehicles.
Thank you very much for this article, now it's time to follow this project more closely.
frankly, it's the first time I've heard of it, but it looks like a very impressive project. I normally get bored reading things like this, but the language you use is very plain.
back to the topic, gas fees piss me off so much, I wish they used another network, I hope all investors will earn well, thanks for reading.
I don't hang out with names. Matic or polygon. What matters is what it does.
In a bull market, everything rises. But if his project is good, he protects himself.
Matic's team has also seen and improved its own shortcomings. Crypto is also my favorite feature. Always open to development. It's constantly being renewed, it's getting better, and there's no end to that good.
I think polygon will succeed. Being the Internet of the Ethereum network means a huge communication network. If he continues to see his own shortcomings, he will achieve this.
I think the most important thing in crypto is hard work and being able to see your own mistakes. Matic had great repercussions. Now polygon will also have great repercussions.
I hope I was able to tell what's on my mind. Thanks for the nice and informative post.
Polygon is holding strong. 2 months ago when Bitcoin was going down and breaking everything, Polygon was the only increasing token. It took my notice in that time, after searching it I understood the reason. They have decent partnerships, and the amount of money circulating in this network is huge (referring to TVLs). Thank you for bringing Polygon up, I wonder what will be the next one.
Polygon combines the best Ethereum and sovereign blockchains into a full-fledged multi-chain system.
Polygon solves the problems associated with Blockchains such as high gas fees and slow speeds without sacrificing security. This multi-chain system includes Polkadot, Cosmos, Avalanche etc. It is similar to others such as, but has at least three main advantages:
Take full advantage of Ethereum's network effects
It is naturally safer
More open and powerful.
So I can say that it is a tremendous analysis project.
Thanks to you, I learned Avax and Solana. And now Polygon.
I've heard it as a name, but I've never looked it up. From what I've read, it's a great project.
Polygon had a nice ascent with the bull. And I think it's a great time for him to show up.
It'll be good for me to follow a little closer.
Especially great for providing information about sub-projects. It's got audit information next to it. Very useful information for someone who has never known (for example, me).
Thank you for putting this information together and for the great article .
Have a nice day.
It's really great to have a DeFi experience on The Polygon network, which attracts projects such as AAVE, Curve, Quickswap, Paraswap, aavegotchi, almost without a transaction fee.
While Polygon is only compatible with Ethereum for now, things will get even better as time to support more blockchains and become an interoperable Layer 2 blockchain platform.
AAVE provides Polygon with considerable liquidity. And I think it's a project that will rise nicely in the future that has done a good job.
Thank you for introducing us to this platform and informing us.
My most favorite things about Polygon is the low transaction cost and the potential and hardworking team behind it
I have invested a small amount in Polygon back in April and i was really happy about that because after doing all the research i found it the right project to invest my money in and after reading this Article My Confidence has boost up already that i did the right thing and i believe that Polygon will reach new heights soon cause it also helps to connect all ETH Compatible Blockchain which can help us to Fully utilize the Ethereum Network in Future.
Thanks For The Article Paragism
Thanks for that Paragism! Really love the Matic/Polygon ecosystem.
Great solutions continue to be produced on Blockchain.
Defi projects that promise good returns and solve a real problem will continue to grow.
Polygon seems to be such an accelerated enterprise.
I need to research and learn more about this.
thank you for your article
Nice, another good prospect with a simple explanation!
I hear so many good things about Polygon Matic. This article reassures me.
This is a really good idea !
Even if is very complicated to achieve (this referring to they construction) is also something that could improve tremendously the experience of owning assets in the Ethereum blockchain.
Is also a great way to incentive other blockchain developers to try to replicate this in other blockchains.
And if we look further in the future maybe this could be the start to a one-in-all search device for assets in different blockchains.
I know Solar is a very good project, I had no idea about Avax, good to know.
I observe that the diversity and convenience offered by Polygon will make these projects more prominent.
It also has low transaction costs.
has a large communication network
I believe it will be a long-term project.
It is certain that he will not be forgotten as long as he does not make a big mistake.
Thanks for the article, I learned a lot of new information.
This is the type of development that makes DeFi exciting. Looking forward to Polkadot integration.
I didn't know much about Avax, thanks to you, I got a little bit of information, thank you. I will research and learn more about these things. Your article was really helpful, thanks.