What is Polygon (MATIC)?
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Our take on PolygonDue to Ethereum's high gas fees and long block confirmation time, there is a need for a solution that makes DApps faster and decrease the gas fees. The Polygon network and the associated Ethereum token MATIC together form a scaling solution that aims to solve several of the Ethereum's problems. Compared to Ethereum, Polygon allows significantly more transactions per second, has lower gas fees, and has already over 50 DApps.
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Interesting facts about PolygonHere are some facts you may not already know about Polygon. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
Polygon transforms Ethereum into a multi-chain system like Polkadot or Cosmos.
Polygon was previously called Matic Network.
Polygon may solve Ethereum's scaling problem.
Polygon reviews from the cryptohunt communityDive deeper into the different opinions about Polygon and learn how others feels about it.
At first, I didn't get it. They do such a bad job of explaining what this thing does. But it's pretty genius actually - sidestep Ethereum with all of its problems while maintaining compatibility. It really clicked for me when I saw that OpenSea (the NFT marketplace) allows you to mint NFTs on Polygon - which means very low transaction fees, but I can still move my art into Ethereum if (for some insane reason) it becomes valuable in 2029.
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Community ReviewsBased on 3 community reviews
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