Polygon
Polygon (Previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.
Using Polygon, one can create Optimistic Rollup chains, ZK Rollup chains, stand alone chains or any other kind of infra required by the developer.
Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc with the advantages of Ethereum’s security, vibrant ecosystem and openness.
Nothing will change for the existing ecosystem built on the Plasma-POS chain. With Polygon, new features are being built around the existing proven technology to expand the ability to cater to diverse needs from the developer ecosystem. Polygon will continue to develop the core technology so that it can scale to a larger ecosystem.
The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance.
Cryptocoins News / The Cointelegraph - 6 months ago
According to Polygon, “the same infrastructure used to power YouTube and Gmail” will help secure its network. Polygon Labs announced on Sept. 29 that Google Cloud has...
More / Etherum Reddit - 7 months ago
Hi I am new to using crypto and have a bit of a trouble understanding transactions on polygon and ERC-20 network. I am using a metamask wallet and have some USDC on it. Can I transfer this USDC via either polygon or ERC-20 network? Also, if the recei...
Cryptocoins News / Blockchain - 7 months ago
Polygon Labs has proposed a technical upgrade for Celo, transitioning from an independent EVM-compatible L1 to an Ethereum L2. The proposal uses the Polygon Chain Development Kit (CDK), an open-source toolset that allows developers to create a ZK-pow...
Cryptocoins News / Finance Magnates - 7 months ago
Polygon is one
of the initiatives that best exemplifies the bitcoin ecosystem's rapid
evolution. Polygon, formerly known as Matic Network, has been making waves in
the blockchain sector with its goal of addressing some of Ethereum's most
critical con...
Bitcoin News / Bitcoin.com - 7 months ago
Details have been released about Polygon’s upcoming upgrade, Polygon 2.0. The company, known for its Ethereum scaling solutions, has introduced a few Polygon improvement proposals (PIPs) as part of its shift to a network of interconnected zero-knowle...
Cryptocoins News / The Cointelegraph - 7 months ago
Base surpassed other layer-2 networks like Optimism and Arbitrum in terms of daily transactions but still lagged behind Polygon and BSC. Coinbase layer-2 network Base...
Bitcoin News / Bitcoin.com - 7 months ago
At the Token2049 conference in Singapore, Astar Network revealed it is joining forces with Polygon Labs to launch Astar zkEVM, a new Ethereum layer two scaling solution utilizing zero-knowledge proof technology. The collaboration aims to drive greate...
Cryptocoins News / The Cointelegraph - 7 months ago
Coinbase’s CEO has become the latest ally of the DeFi space, calling for apt regulations of the ecosystem rather than enforcement action by regulatory bodies. Welcome...
Cryptocoins News / The Cointelegraph - 7 months ago
The Dutch bank used Tokeny’s platform to issue and manage digital green bonds operating on Polygon’s layer 2 Ethereum protocol. Dutch bank ABN Amro has carried out a...
Cryptocoins News / The Cointelegraph - 7 months ago
The Dutch bank used Tokeny’s platform to issue and manage digital green bonds operating on Polygon’s layer-2 Ethereum protocol. Dutch bank ABN Amro has carried out a...
Cryptocoins News / The Cointelegraph - 7 months ago
The Ethereum layer-2 developer has introduced the first improvement proposals to begin the transition to its Polygon 2.0 ecosystem. Polygon Labs’ vision of an interco...
Cryptocoins News / Blockchain - 7 months ago
Ethereum's scaling problem is a long-standing issue, with its steady evolution ensuring safety and decentralization. Polygon 2.0 aims to address this by enhancing Ethereum's scalability. Polygon 2.0 consists of Polygon PoS, Polygon zkEVM, and Polygon...
Cryptocoins News / The Cointelegraph - 7 months ago
Polygon has allocated an estimated $1 billion on zero-knowledge technology underpinning its Ethereum scaling layer-2 solutions. Polygon co-founder Sandeep Nailwal bel...
Bitcoin News / Bitcoin.com - 7 months ago
PRESS RELEASE. Wirex, a major player in crypto payments with over 6 million users, has chosen to partner with Polygon CDK (Chain Development Kit) to create a new App Chain focused on payments, named W-Pay. This move marks a significant development in...
Cryptocoins News / Blockchain - 7 months ago
OKX, partner with Polygon, has launched its seventh season of Cryptopedia, a platform designed to promote crypto-centric education. Participants can earn MATIC rewards and participate in DApp interactive quests to learn about various DApps within the...
Cryptocoins News / The Cointelegraph - 7 months ago
The restaurant was being built alongside a private members lounge that was only open to people who bought NFTs, but rising construction costs ultimately halted the project....
Cryptocoins News / Blockchain - 7 months ago
Polygon has launched the Solution Provider Network (SPN) to facilitate real-time connections between developers and essential infrastructure like oracles, bridges, RPC providers, and wallets, enhancing visibility and credibility within the Polygon ec...
Cryptocoins News / Blockchain - 7 months ago
Binance NFT will halt The Sandbox NFT Staking Program on September 26, 2023, and suspend LAND NFTs for daily SAND rewards. All staked NFTs will undergo an unstaking process, with return expected by September 28, 2023. Users holding Polygon Network NF...