Deepdive into Polygon Matic

Deepdive into Polygon Matic

What is  Polygon MATIC?

Launched in 2017, Polygon is the first blockchain to offer  interoperability with Ethereum  (L2 scaling solution)

Project Founders

The project is developed by Indian entrepreneurs & developers - Sandeep Nailwal, Jaynti Kanani, and Anurag Arjun.

Polygon Specs

1. Tx Speed: 1000 tps 2. Tx Finality: 2.3 sec 3. Tech: Rollups 4.Consensus: POS 5. Exp:

What is Layer 2 ?

Layer 1 is the parent chain like Ethereum & Solana. Layer 2 is chain attached to Layer 1 to help it scale & lower fees like Polygon does for Ethereum

Is Polygon a Layer 2  or sidechain?

Sidechain has its own consensus mechanism. Polygon is L2 sidechain with its own consensus & Ethereum scaling solution.

How does  Polygon Work?

Polygon uses Rollups & Plasma chains with POS. Click the link for details -

What is MATIC token used for?

MATIC is the native token of Polygon. It's used for payments, staking & governance. Also Check-

Can Polygon MATIC reach $10 dollars?

Polygon has reached $2.90 in the last bull run. It has the muscle to grow to $10. There's a good news in the next slide to confirm

Terra Projects shifting to Polygon MATIC

Terra projects are shifting to Polygon MATIC, bringing more value to the token.

Polygon Funding

Polygon has raised $450 million from Sequoia capital & from several other partners. Also check -

Is polygon a good investment?

Polygon is a genuine project with a scaling solution for Ethereum. Its growth is tied up with ETH & is likely to grow in coming years.

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