Matic opensea zed run1/17/2024 ![]() This can take the significant strain off the main blockchain, which results in less network congestion, faster transaction speeds, and lower gas fees. These include governance and consensus modules as well as diverse implementation environments.īlockchains launched on the Polygon network are based on its proof-of-stake (PoS) sidechain, which leverages a network of validators off the blockchain and then finalises the transactions on Ethereum’s main chain. Polygon provides developers with a vast range of solutions to deploy and configure custom blockchains in a fast and straightforward way. From a technical perspective, Polygon resembles a protocol more than a single solution, as its ecosystem gives developers an opportunity to create Ethereum-compatible networks. Polygon became a solution to some of the significant challenges that Ethereum encounters today. Polygon was initially launched as MATIC Network in 2017, but later as the project grew and expanded, it was rebranded to Polygon in February 2021. Don’t miss your chance to win! Polygon (MATIC) To join, you just need to fill in the Google form. ![]() The competition description and the rules can be found here. ![]() Together with Bitfinex, you will be able to learn more about the Polygon project and have a chance to get a reward for participating in the ‘Polygon Telegram Takeover’ competition. Polygon’s mission is to offer a wide range of secure, fast, affordable, and energy-efficient Ethereum scaling and infrastructure solutions for developers to build decentralised applications. If blockchain apps, smart contract platforms, DApps, and cryptocurrencies are going to see mass adoption, they need to be fast and easy to use. Polygon is one of the leading blockchain platforms for high speed, low cost, and sustainable Web3 infrastructure.
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