What is Polygon MATIC?
Ethereum is so freaking cool but fundamentaly has 3 major problems:
1) Expensive to transact.
2) Massive ecological footprint.
3) Transactions are slow.
Polygon MATIC addresses and fixes all 3 of these issues, it is SCALABLE!
This means that when you send someone $5, they get $5 and it only costs fractions of a penny to transact 🙂
Ethereum’s Internet of Blockchains
Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. Aggregating scalable solutions on Ethereum supporting a multi-chain Ethereum ecosystem.
Built by developers, for developers
Polygon combines the best of Ethereum and sovereign blockchains into a full-fledged multi-chain system.
Polygon solves pain points associated with Blockchains, like high gas fees and slow speeds, without sacrificing on security. This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc, but with at least three major upsides:
It is able to fully benefit from Ethereum’s network effects
It is inherently more secure
It is more open and powerful.
The foundation for our digital future.
Ethereum is the community-run technology powering the cryptocurrency, ether (ETH) and thousands of decentralized applications.
Ethereum is open to everyone.
All you need is a wallet to take part.
Ethereum is open access to digital money and data-friendly services for everyone – no matter your background or location. It’s a community-built technology behind the cryptocurrency ether (ETH) and thousands of applications you can use today.
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