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Polygon(MATIC)

Polygon (formerly known as Matic Network) is a decentralized platform that provides a scalable and secure infrastructure for the Ethereum ecosystem. It was built to enable faster and cheaper transactions on the Ethereum network, and it uses a combination of sidechains and Layer 2 solutions to achieve this.

As a developer, you can use Polygon to build dApps (decentralized applications) that can take advantage of the faster and cheaper transaction speeds provided by the platform. The platform supports popular programming language Solidity , so you can use the language that you are most familiar with to build on Polygon.

In addition to the Polygon platform, the Polygon ecosystem also includes a number of other tools and resources that can be useful for developers. For example, the Polygon SDK allows developers to easily integrate their dApps (decentralized applications) with the Polygon platform, and the Polygon Academy provides educational materials and tutorials on topics related to blockchain and dapp development.

Overall, Polygon is a powerful and versatile platform that offers many opportunities for developers. Whether you are interested in building dapps for the Ethereum ecosystem, exploring the capabilities of Layer 2 solutions, or taking advantage of the faster and cheaper transaction speeds provided by Polygon, there are many ways that you can use the platform to innovate and create value.

Founder: Sandeep Nailwal

Launched On: 2017-04-22

Protocol
Layer

Layer 2

Programming
Language

Golang, Solidity, and Vyper

Consensus
Mechanism

Proof of stake

Current
Price

$0.368

Market
Cap

$984,709,911.168

Circulating
Supply

2,678,534,351.404 MATIC

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