What exactly is Polygon? (MATIC)

Polygon, formerly known as the Matic Network, is a scaling solution that aims to provide multiple tools to improve the speed and reduce the cost and complexities of transactions on blockchain networks.

Solana's future

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.

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

Where can I buy MATIC?

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